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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

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

Subjects

Discovery layer

Source updated

14 January 2025

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.

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Votes

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Versions

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Documents

3 official files

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Sources

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