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United States · Bill · S

S. 3321 (102nd)

A bill to control the growth of mandatory spending.

referredUnited States· United States Congress· EN

Introduced

5 October 1992

Last action

Status

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

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Prohibits, beginning with FY 1993 and fiscal years thereafter, the growth in mandatory spending for all programs, except Social Security, from exceeding a level that allows for beneficiary and inflation growth. Prohibits a congressional budget resolution or any bill, resolution, amendment, or conference report from causing mandatory funding from exceeding such level. Requires a three-fifths vote in the House or Senate to waive such prohibition. Requires a sequester in any fiscal year that mandatory spending levels exceed the cap levels.

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Documents

2 official files

Introduced in Senate (text)

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Sources

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