HR 12909 · 95th Congress · Economics and Public Finance

A bill to amend the Congressional Budget Act of 1974 to assure a balanced budget by requiring that Federal expenditures be limited to Federal revenues under the congressional budget process.

Introduced 1978-05-31· Sponsored by Rep. Collins, James M. [R-TX-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Rules.(1978-05-31)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Congressional Budget Act of 1974 to prohibit expenditures of the Federal Government from exceeding revenues except in time of war or national emergency declared by Congress.…

Summarized by Claude AI · Non-partisan · For informational purposes only