HR 4198 · 103th Congress · Economics and Public Finance
To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to require that OMB and CBO estimates for paygo purposes score increased revenues caused by economic growth resulting from legislation implementing any trade agreement.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Legislation and National Security.(1994-04-15)
Plain Language Summary
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Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to require pay-as-you-go estimates with respect to legislation implementing trade agreements to take into account increased revenue caused by economic growth resulting from such legislation to offset any loss in tariff revenues due to that legislation.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
1 Democrat19 Republicans