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Balanced Budget Act of 1995

Star Print ordered on the bill.

Official summary

Version 00 · Introduced in Senate · Mar 9, 1995

Balanced Budget Act of 1995 - Amends the Congressional Budget Act of 1974 to make it out of order to consider any concurrent resolution on the budget unless the resolution: (1) sets forth a balanced budget (excluding the receipts and disbursements of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund) by FY 2002 or the earliest possible fiscal year; (2) sets forth appropriate budgetary levels; and (3) includes specific reconciliation instructions. Requires a three-fifths majority vote in the Senate to waive such point of order. Suspends the provisions of this Act in the event of war or congressionally-declared low economic growth.

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Who introduced it

Sen. Daschle, Thomas A. [D-SD] · D–SD

Committees

  • Homeland Security and Governmental Affairs Committee
  • Budget Committee
17 cosponsorship records, including any withdrawals

Actions

A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.

  1. Star Print ordered on the bill.

  2. Read twice and referred jointly to the Committees on Budget; Governmental Affairs pursuant to the order of August 4, 1977, with instructions that if one Committee reports, the other Committee have thirty days to report or be discharged.

  3. Sponsor introductory remarks on measure. (CR S3746-3747)

  4. Introduced in Senate

Bill text & related measures

Text links open the official source. We currently store references to these documents.

Related bills identified by Congress.gov

No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.

Source last updated: Aug 21, 2025. Consult Congress.gov for the current record.

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Neutral evidence review

Objective

Analyze S.519 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Fairness and public impact

Progressive lens

Examine S.519 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.

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Institutions and government scope

Conservative lens

Examine S.519 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.

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Individual rights and government power

Liberty lens

Examine S.519 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.

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