Balanced Economic Growth Act

[AI summary unavailable — showing source text] Balanced Economic Growth Act - Title I: Rules and Procedures for Congressional Review of Balanced Economic Growth Plans - Sets forth rules and procedures by which the standing committees of the Senate and the House of Representatives, each joint committee, and the Joint Economic Committee shall consider each balanced economic growth plan submitted to the Congress for review by the President. Requires each proposed balanced economic growth plan transmitted to Congress to be referred to the Joint Committee . Title II: Development, Transmission, and Implementation of Balanced Economic Growth Plans - Declares it to be the finding of Congress that the failure to develop a long-term national economic policy with the goal of full employment has created fundamental imbalances in the economy. States that the United States has no single governmental body engaged in the systematic and comprehensive formulation of national economic goals and policies. Declares it to be the purpose of this Act to provide for the development biennially of a balanced economic growth plan, embodying full employment and other long-term economic goals and identifying the policies and actions that would be required t…