To require that the President transmit to Congress, that the congressional Budget Committees report, and that the Congress consider a balanced budget for each fiscal year.
Referred to the Subcommittee on the Legislative and Budget Process.
Congressional Research Service
Official summary
Version 00 · Introduced in House · Jan 19, 1995
TABLE OF CONTENTS: Title I: Amendment to Title 31, United States Code Title II: Amendment to Congressional Budget Act of 1974 Title III: Effective Date Title I: Amendment to Title 31, United States Code - Amends Federal law to require that any budget submitted by the President not be in deficit. Provides that if the President determines that a balanced budget is not feasible, and submits written reasons in support of such determination, then the President may submit two budgets, one in compliance and one in deficit. Title II: Amendment to Congressional Budget Act of 1974 - Amends the Congressional Budget Act of 1974 to require that any budget submitted by the congressional Budget Committees not be in deficit. Provides that if either committee determines that it is infeasible to submit a balanced budget, then such committee may submit two budgets, one of which is in deficit, together with written reasons for such determination. Requires each concurrent resolution on the budget to contain reconciliation directives necessary to implement the resolution. Sets forth requirements for the Committee on Rules of the House of Representatives, if it reports any rule or order providing for the consideration of any concurrent resolution on the budget. Makes it always in order in the Senate to consider a budget resolution consisting of the text of a budget submitted by the President. Title III: Effective Date - Makes this Act effective for the concurrent resolution on the budget for FY 1997.
Referred to the Subcommittee on the Legislative and Budget Process.
Referred to the Subcommittee on Government Management, Information and Technology.
Sponsor introductory remarks on measure. (CR H833)
Referred to the Committee on Government Reform and Oversight, and in addition to the Committees on the Budget, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Government Reform and Oversight, and in addition to the Committees on the Budget, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Government Reform and Oversight, and in addition to the Committees on the Budget, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Government Reform and Oversight, and in addition to the Committees on the Budget, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sponsor introductory remarks on measure. (CR H376)
Introduced in House
Introduced in House
Primary sources
Bill text & related measures
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Source last updated: Sep 8, 2026. Consult Congress.gov for the current record.
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