HR 5708 · 107th Congress · Economics and Public Finance
To reduce preexisting PAYGO balances, and for other purposes.
Bill Progress
1
Introduced2
Committee✓
House Vote✓
Senate✓
EnactedLatest: Became Public Law No: 107-312.(2002-12-02)
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Plain Language Summary
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Requires the Director of the Office of Management and Budget to reduce to zero any PAYGO balances of direct spending and receipts legislation for all fiscal years under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act).…
Summarized by Claude AI · Non-partisan · For informational purposes only