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United States · Bill · S

S. 3936 (93rd)

A bill to authorize the President to reduce Federal expenditures for fiscal year 1975 to $295,000,000,000.

referredUnited States· United States Congress· EN

Introduced

21 August 1974

Last action

21 August 1974 · Introduced

Status

Referred to Senate Committee on Government Operations.

Sponsors

Sen. Buckley, James L. [R-NY], Sen. Byrd, Harry F., Jr. [I-VA], Sen. Curtis, Carl T. [R-NE], Sen. Proxmire, William [D-WI], Sen. Packwood, Bob [R-OR], Sen. Roth Jr., William V. [R-DE], Sen. Goldwater, Barry [R-AZ], Sen. Gurney, Edward J. [R-FL], Sen. Helms, Jesse [R-NC], Sen. Thurmond, Strom [R-SC], Sen. Brock, Bill [R-TN]

Subjects

Taxation

Source updated

14 January 2025

Taxation

Official sourceView documentsShare

Summary

Authorizes the President to reduce Federal expenditures for fiscal year 1975 to $295,000,000,000. Provides that in making reductions in amounts appropriated in order to reduce budget outlays to such amount, the President shall not reduce the amount of an item of appropriation: (1) if that appropriation does not exceed an amount equal to 95 percent of the sum requested in the budget for that fiscal year, unless (A) the President transmits a special message to Congress stating that he proposes to reduce the amount appropriated for such item and the sum by which that appropriation is to be reduced, and (B) neither House of Congress passes a resolution, during thirty calendar days of continuous session occurring immediately after transmittal of the message, stating in substance that it disapproves the reduction; and (2) in the case of any other item of appropriation, by more than 15 percent of the amount appropriated.

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

Timeline

  1. 21 August 1974

    Introduced

    Referred to Senate Committee on Government Operations.

    Source: IntroReferral

  2. 21 August 1974

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Leesvertaling

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Sponsors

Related records

Sources

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