HR 16850 · 93th Congress · Economics and Public Finance
Emergency Inflation Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Government Operations.(1974-09-24)
Plain Language Summary
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Emergency Inflation Act - Expresses the findings of Congress and declares that the purpose of this Act is to require the President to submit to the Congress a budget in which Federal expenditures do not exceed the revenues received by the Government from all sources. Provides, pursuant to the Budgeting and Accounting Act, that for each fiscal year the President shall submit such a budget.…
Summarized by Claude AI · Non-partisan · For informational purposes only