H.R.1075: To allow an item veto in appropriation Acts for fiscal years 1994, 1995, 1996, 1997, and 1998 by the President to reduce spending to levels necessary to achieve a balanced budget by fiscal year 1998, and to establish select committees on congressional budget and appropriation process reform in the House of Representatives and in the Senate.

TABLE OF CONTENTS: Title I: Item Veto to Achieve Balanced Budget by Fiscal Year 1998 Title II: Changing Budgeting and Appropriating by Eliminating the Committees on Appropriations Title I: Item Veto to Achieve Balanced Budget by Fiscal Year 1998 - Requires the President to submit budgets for FY 1995 through 1997 to achieve a balanced budget by FY 1998. Requires the FY 1998 budget to be balanced. Grants the President an item veto authority for...

(Source: Library of Congress)