legislation: 103-s-2273

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
103-s-2273 103 s 2273 A bill to reduce Government spending by $100,000,000,000 each fiscal year until a balanced Federal budget is achieved. Economics and Public Finance 1994-07-01 1994-07-01 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. Senate Sen. Hollings, Ernest F. [D-SC] SC D H000725 1 Requires the Congress, beginning with FY 1995, to reduce Government spending by $100 billion each fiscal year until a balanced budget is achieved. Makes such reductions permanent. Sets forth sequestration procedures if such savings are not achieved. 2025-01-14T19:03:55Z https://www.congress.gov/bill/103rd-congress/senate-bill/2273

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