HJRES 616 98th Congress House Economics and Public Finance Advisory bodies Deficit financing Economic growth Federal advisory bodies Federal budgets Fiscal policy Monetary policy

A joint resolution to establish a bipartisan National Commission of Federal Budget Deficit Reductions.

Introduced: June 28, 1984 See on congress.gov

Everywhere this bill has been 4 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jul 11, 1984

Referred to Subcommittee on Legislation and National Security.

Jul 11, 1984

Executive Comment Requested from OMB, Treasury, Federal Reserve.

Jun 28, 1984

Referred to House Committee on Government Operations.

Jun 28, 1984

Introduced in House

Plain-English summary Congressional Research Service

Establishes the National Commission on Federal Budget Deficit Reductions to review all relevant elements of fiscal and monetary policy. Requires particular emphasis to be given to the causes of cyclical and structural Federal budget deficits and the impact which growing structural Federal deficits have on employment, capital formation, and the vigor and viability of economic growth in the United States. Requires the Commission to: (1) identify problems which may hinder the control and reduction of Federal budget deficits; and (2) analyze all potential options which would result in deficit reductions and place the Government on a sound financial basis.

Requires the Commission to report to the President and Congress by January 15, 1985, detailed findings, conclusions, and recommendations for such legislation and administrative actions as it considers appropriate.

Terminates the Commission 30 days after submission of such report.

What's happening now July 11, 1984

Referred to Subcommittee on Legislation and National Security.

Committees of jurisdiction 2