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United States · Bill · S

S. 2273 (103rd)

A bill to reduce Government spending by $100,000,000,000 each fiscal year until a balanced Federal budget is achieved.

referredUnited States· United States Congress· EN

Introduced

1 July 1994

Last action

1 July 1994 · Introduced

Status

Read twice and referred jointly to the Committees on Budget; Governmental Affairs pursuant to the order of August 4, 1977, with instructions that if one Committee reports, the other Committee have thirty days to report or be discharged.

Sponsors

Sen. Hollings, Ernest F. [D-SC], Sen. Lott, Trent [R-MS]

Subjects

Taxation, Budget

Source updated

14 January 2025

Taxation · Budget

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Summary

Requires the Congress, beginning with FY 1995, to reduce Government spending by $100 billion each fiscal year until a balanced budget is achieved. Makes such reductions permanent. Sets forth sequestration procedures if such savings are not achieved.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 1 July 1994

    Introduced

    Read twice and referred jointly to the Committees on Budget; Governmental Affairs pursuant to the order of August 4, 1977, with instructions that if one Committee reports, the other Committee have thirty days to report or be discharged.

    Source: IntroReferral

  2. 1 July 1994

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Referral Instructions Senate (text)

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Leesvertaling

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  • Referral Instructions Senate (text)

    Referral Instructions Senate · EN · 1 July 1994

    ViewDownloadOpen at official source

  • Referral Instructions Senate (PDF)

    Referral Instructions Senate · EN · 1 July 1994

    ViewDownloadOpen at official source

    Leesvertaling

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  • Introduced in Senate

    summary · EN · 1 July 1994

    Open at official source

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Sponsors

Related records

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Sources

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