HCONRES 262 · 98th Congress · Economics and Public Finance
A concurrent resolution calling for a one year freeze in real federal spending and a one year surcharge on individual and corporate income taxes.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Rules.(1984-02-23)
Plain Language Summary
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Requires that the concurrent resolution on the budget for FY 1985 meet the following objectives: (1) total outlays for FY 1985 shall be no greater than total outlays for FY 1984 plus a five percent increase for inflation; and (2) total receipts for FY 1985 shall be increased by a one year, five percent surcharge on corporate and individual income taxes.…
Summarized by Claude AI · Non-partisan · For informational purposes only