Balanced Budget Procedures Act of 1984

[AI summary unavailable — showing source text] Balanced Budget Procedures Act of 1984 - States that if the total outlays set forth for FY 1989 would exceed the total revenues set forth for such fiscal year under conditions of high employment in any budget submitted by the President for FY 1985 through 1988, then the President shall submit along with such budget an alternative budget in which total outlays for FY 1989 would not exceed total revenues for such fiscal year under conditions of high employment. Requires the President, when such an alternative budget is submitted, to submit recommendations and proposals for changes in Federal laws which would be required in order to achieve such a balance. Requires the Budget Committees of each House, not later than April 15 before each fiscal year from FY 1985 through 1989, to report: (1) a first concurrent resolution on the budget for such fiscal year in which total outlays and total revenues for FY 1989 would be in balance under conditions of high employment; or (2) an alternative concurrent resolution in equal detail. Requires that any presidential budget for a fiscal year that assumes conditions of high employment and recommends that total outlays exceed total revenues be accompa…