A resolution to direct the Committee on Finance to reduce the cost of the Economic Recovery Tax Act by a third, so that the federal budget can be balanced in fiscal year 1984.

Summary

Directs the Senate Committee on Finance to report new tax legislation by no later than October 15, 1981, which would reduce by $250,000,000,000 the revenue loss from the Economic Recovery Tax Act of 1981 for fiscal years 1981 through 1986.

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

Timeline

1. 16 September 1981

   Introduced

   Referred to Senate Committee on Finance.

   Source: IntroReferral

2. 16 September 1981

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 18 September 1981

   Committee

   Committee on Finance requested executive comment from OMB; Treasury Department.

   Source: Committee

Votes

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Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 16 September 1981

  Open at official source

Sponsors

• Sen. Moynihan, Daniel Patrick [D-NY] · D · Sponsor
• · ssfi00 · Standing

Related records

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