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United States · Bill · S

S. 34 (96th)

Spending Limitation Act

referredUnited States· United States Congress· EN

Introduced

15 January 1979

Last action

Status

Referred to Senate Committee on Governmental Affairs.

Sponsors

Subjects

Discovery layer

Source updated

2 September 2025

Summary

Spending Limitation Act - Amends the Congressional Budget and Impoundment Control Act of 1974 to limit the total Federal outlays agreed to in the second or any further concurrent resolution on the Budget to the following percentages of the gross national product: 21 percent in fiscal year 1980; 20 percent in fiscal year 1981; 19 percent in fiscal year 1982; and 18 percent in the fiscal year 1983. Authorizes the Congress to waive such limitations by a two-thirds vote of each House.

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Documents

1 official file

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