A concurrent resolution to express the sense of Congress regarding the use of a legislative "trigger" or "safety" mechanism to link long-term Federal budget surplus reductions with actual budgetary outcomes.

Summary

Expresses the sense of Congress that any long-term Federal surplus-reducing actions adopted by the 107th Congress shall include a legislative "trigger" mechanism that: (1) links the phase in of such actions 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 reduction of the national debt.

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

Timeline

1. 14 February 2001

   Introduced

   Sponsor introductory remarks on measure. (CR S1430-1433)

   Source: IntroReferral

2. 7 March 2001

   Introduced

   Referred jointly to the Committee on the Budget; Governmental Affairs pursuant to the order of August 4, 1977, with instructions that if one Committee reports, the other Committee have thirty days to report or be discharged. (text of measure as introduced: CR S2013)

   Source: IntroReferral

3. 7 March 2001

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Referral Instructions Senate · 7 March 2001 · Official file

Documents

3 official files

• Referral Instructions Senate (text)

  Referral Instructions Senate · EN · 7 March 2001

  ViewDownloadOpen at official source

• Referral Instructions Senate (PDF)

  Referral Instructions Senate · EN · 7 March 2001

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 7 March 2001

  Open at official source

Sponsors

• Rep. Snowe, Olympia J. [R-ME-2] · R · Sponsor
• Sen. Bayh, Evan [D-IN] · D · Sponsor
• Sen. Chafee, Lincoln [R-RI] · R · Sponsor
• Sen. Landrieu, Mary L. [D-LA] · D · Sponsor
• Susan Collins · R · Sponsor
• Sen. Feinstein, Dianne [D-CA] · D · Sponsor
• Rep. Jeffords, James M. [R-VT-At Large] · R · Sponsor
• Rep. Torricelli, Robert G. [D-NJ-9] · D · Sponsor
• Sen. Specter, Arlen [R-PA] · R · Sponsor
• Rep. Carper, Thomas R. [D-DE-At Large] · D · Sponsor
• Sen. Stabenow, Debbie [D-MI] · D · Sponsor
• · ssga00 · Standing
• · ssbu00 · Standing

Related records

No cross-record relationships stored yet.