HR 650 · 97th Congress · Economics and Public Finance
Discipline in Federal Spending Act of 1981
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to Subcommittee on Legislation and National Security.(1981-01-16)
Plain Language Summary
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Discipline in Federal Spending Act of 1981 - Amends the Congressional Budget Act of 1974 to limit total Federal budget outlays and/or new budget authority for any fiscal year after September 30, 1981, to not more than seven percent of the corresponding Federal outlays and/or new budget authority in the previous fiscal year. Requires any proposed legislation which would violate such limitations to be ruled out of order in either the House or the Senate. States that the requirements established by this Act shall not apply during a period of national emergency.…
Summarized by Claude AI · Non-partisan · For informational purposes only