Requesting the President to submit a budget for fiscal year 1998 that would balance the Federal budget by fiscal year 2002 without relying on budgetary contingencies.

Summary

Requests the President to submit a detailed plan to balance the Federal budget by FY 2002, as estimated by the Congressional Budget Office (CBO), that: (1) uses the most recent CBO economic and technical assumptions; (2) reduces the deficit through programmatic reforms rather than alternative budgetary procedures such as automatic spending cuts and the sunsetting of tax cuts; (3) realizes a significant proportion of its total savings in the first three years; and (4) offers sufficient Medicare reforms to forestall the imminent bankruptcy of the Medicare trust funds for a substantial period.

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Documents

5 official files

• Engrossed in House (text)

  Engrossed in House · EN · 12 March 1997

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• Engrossed in House (PDF)

  Engrossed in House · EN · 12 March 1997

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• Introduced in House (text)

  Introduced in House · EN · 11 March 1997

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• Introduced in House (PDF)

  Introduced in House · EN · 11 March 1997

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• Introduced in House

  summary · EN · 11 March 1997

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