A bill to amend the Congressional Budget and Impoundment Control Act of 1974 to impose limits on aggregate Federal outlays, and for other purposes.

Summary

Amends the Congressional Budget Act of 1974 to prohibit, for any fiscal year beginning after September 30, 1985, the amount of total budget outlays set forth in any concurrent resolution on the budget from exceeding specified percentages of the adjusted gross national product. Requires the President to notify Congress with specific recommendations if Federal outlays will exceed the limitations imposed by this Act. Requires congressional budget committees, upon such notification, to report a revised concurrent resolution on the budget in accordance with such limitations.

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Timeline

1. 4 October 1984

   Introduced

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

   Source: IntroReferral

2. 4 October 1984

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 4 October 1984

  Open at official source

Sponsors

• Sen. Gorton, Slade [R-WA] · R · Sponsor
• Sen. Durenberger, Dave [R-MN] · R · Sponsor
• Sen. Nickles, Don [R-OK] · R · Cosponsor
• · ssga00 · Standing
• · ssbu00 · Standing

Related records

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