An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal years 1991, 1992, 1993, 1994, and 1995.

Summary

Sets forth the concurrent resolution on the budget for FY 1991 and the appropriate budgetary levels for FY 1992 through 1995. Sets forth: (1) maximum deficit amounts; (2) public debt increase amounts; (3) deficit levels excluding trust fund surpluses; and (4) recommended budgetary levels of Federal revenues, new budget authority, budget outlays, the public debt, and Federal credit activity, including funding for each major functional category. Declares that the Congress finds that while the annual deficits appear to be decreasing, the Federal debt continues to increase annually by significantly greater amounts. Sets forth levels and amounts to show such discrepancy. Requires specified Senate and House Committees to report to their respective Committee on the Budget on changes in laws within their jurisdiction that provide spending authority sufficient to reduce budget authority and outlays by specified amounts. Expresses the sense of the Congress that: (1) the Government should sell assets to nongovernment buyers; and (2) the amounts realized from such sales will not recur on an annual basis and do not reduce the demand for credit. Assumes that, in the Senate, budget authority and outlays may be allocated to the Senate Committee on Finance for increased jurisdictional funding if the Committee on Finance or the committee of conference reports appropriate legislation.

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Timeline

1. 2 May 1990

   Reported

   Committee on Budget ordered to be reported an original measure.

   Source: Committee

2. 10 May 1990

   Calendars

   Placed on Senate Legislative Calendar under General Orders. Calendar No. 540.

   Source: Calendars

3. 10 May 1990

   Reported

   Committee on Budget. Original measure reported to Senate by Senator Sasser. With written report No. 101-283. Additional and minority views filed.

   Source: Committee

4. 10 May 1990

   Reported

   Committee on Budget. Original measure reported to Senate by Senator Sasser. With written report No. 101-283. Additional and minority views filed.

   Source: Committee

5. 10 May 1990

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · — · Download file

Documents

2 official files

• Introduced in Senate (text)

  Introduced in Senate · EN

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 10 May 1990

  Open at official source

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Sponsors

• Sen. Sasser, Jim [D-TN] · D · Sponsor
• · ssbu00 · Standing

Related records

• related to → A concurrent resolution setting forth the congressional budget for the United States Government for fiscal years 1991, 1992, and 1993.
• related to → An Act setting forth the congressional budget for the United States Government for the fiscal years 1991, 1992, 1993, 1994, and 1995.