HR 16850 · 93th Congress · Economics and Public Finance

Emergency Inflation Act

Introduced 1974-09-24· Sponsored by Rep. Daniel, Robert W., Jr. [R-VA-4]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Government Operations.(1974-09-24)

Plain Language Summary

[AI summary unavailable — showing source text] 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