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- S.493
S.493: Balanced Budget Accountability Act
About This Bill
- Introduced Feb. 12, 2015
- Latest Major Action Feb. 12, 2015
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
5 (All Republicans)
Bill Summary
Balanced Budget Accountability Act Requires each house of Congress to adopt a concurrent budget resolution for a fiscal year which provides that, for each fiscal year for which a budget is provided under the resolution (beginning by FY2025), total outlays do not exceed total receipts and are not more than 18% of the gross domestic product for such fiscal year. Requires the Director of the Congressional Budget Office (CBO), upon the adoption...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Feb. 12, 2015 |
Read twice and referred to the Committee on the Budget. (Sponsor introductory remarks on measure: CR S988; text of measure as introduced: CR S988-989)
|
| Feb. 12, 2015 |
Introduced in the Senate by Steve Daines (R-Mont.) |