HR 6060 · 95th Congress · Economics and Public Finance

A bill to provide that Federal expenditures shall not exceed Federal revenues, except in time of war or grave national emergency declared by the Congress, and to provide for systematic reduction of the public debt.

Introduced 1977-04-05· Sponsored by Rep. Beard, Robin [R-TN-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1977-04-05)

Plain Language Summary

[AI summary unavailable — showing source text] Requires that expenditures by the Federal Government shall not exceed its revenues except in time of war or national emergency declared by Congress. Establishes a schedule for systematic reduction of the public debt.…

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