A bill to amend the Congressional Budget Act of of 1974 to limit the levels of total budget outlays contained in certain concurrent resolutions on the budget.

Summary

Amends the Congressional Budget Act of 1974 to prohibit the adoption of any concurrent resolution on the budget which sets forth a level of total budget outlays in excess of 21 percent of the gross national product in fiscal year 1981, or 20 percent of the gross national product for each fiscal year thereafter. Establishes procedures to enable the President and the Congress to suspend such limitations on the level of budget outlays.

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Timeline

1. 6 December 1979

   Introduced

   Referred to Senate Committee on the Budget.

   Source: IntroReferral

2. 6 December 1979

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 6 December 1979

  Open at official source

Sponsors

• Sen. Roth Jr., William V. [R-DE] · R · Sponsor
• Sen. Percy, Charles H. [R-IL] · R · Cosponsor
• Sen. Schmitt, Harrison H. [R-NM] · R · Cosponsor
• · ssga00 · Standing
• · ssbu00 · Standing

Related records

• related to → A bill to amend the Congressional Budget Act of 1974 to limit the levels of total budget outlays contained in certain concurrent resolutions on the budget.