S 1848
97th Congress
Senate
Economics and Public Finance
Congressional budget
Federal budgets
Gross national product
Legislative procedure
Legislative resolutions
A bill to amend the Congressional Budget Act of 1974 to impose limits on the amount of total budget outlays contained in concurrent resolutions on the budget, and for other purposes.
Introduced: November 16, 1981
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 22, 1981
Committee on Governmental Affairs requested executive comment from GAO; CBO; OMB; Council of Economic Advisers.
Nov 16, 1981
Read second time and referred jointly to Senate Committees on Budget; Governmental Affairs with instructions that if one Committee reports, the other Committee has thirty days of continuous session to report or be discharged.
Nov 16, 1981
Introduced in Senate
Plain-English summary
Amends the Congressional Budget Act of 1974 to limit the level of total budget outlays in any concurrent resolution on the budget to 20 percent of the gross national product by fiscal year 1987. Makes it in order to consider a concurrent resolution containing budget outlays which exceed the specified limits within a specified "margin of error."
Imposes reporting requirements upon the President and the congressional budget committees with respect to this requirement.
What's happening now
Committee on Governmental Affairs requested executive comment from GAO; CBO; OMB; Council of Economic Advisers.
Committees of jurisdiction
2
Cosponsors
1