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United States · Resolution · HCONRES

H.Con.Res. 55 (107th)

To express the sense of Congress regarding the use of a safety mechanism to link long-term Federal budget surplus reductions with actual budgetary outcomes.

referredUnited States· United States Congress· EN

Introduced

7 March 2001

Last action

7 March 2001 · Introduced

Status

Referred to the House Committee on the Budget.

Sponsors

Rep. Tauscher, Ellen O. [D-CA-10], Rep. Houghton, Amo [R-NY-31], Rep. Roemer, Tim [D-IN-3], Rep. Upton, Fred [R-MI-6], Rep. Kind, Ron [D-WI-3], Rep. Castle, Michael N. [R-DE-At Large], Rep. Davis, Jim [D-FL-11], Rep. Greenwood, James C. [R-PA-8], Rep. Ford, Harold E., Jr. [D-TN-9], Rep. Moran, James P. [D-VA-8], Rep. Israel, Steve [D-NY-3], Rep. Sanchez, Loretta [D-CA-46]

Subjects

Taxation, Budget

Source updated

7 April 2025

Taxation · Budget

Summary

Expresses the sense of Congress calling for use of a legislative "trigger" mechanism that: (1) links the phase in of long-term, Federal surplus-reducing actions adopted by the 107th Congress to actual budgetary outcomes over the next ten fiscal years; and (2) outlines specific action that shall be taken should specified levels of Federal debt reduction or on-budget surpluses not be realized, in order to maintain fiscal discipline and continue reducing the national debt.

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

Timeline

  1. 7 March 2001

    Introduced

    Referred to the House Committee on the Budget.

    Source: IntroReferral

  2. 7 March 2001

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 7 March 2001

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 7 March 2001

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 7 March 2001

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 7 March 2001

    Open at official source

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Sponsors

Related records

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Sources

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