Summary: H.R.3717 — 103rd Congress (1993-1994)All Information (Except Text)

There is one summary for H.R.3717. Bill summaries are authored by CRS.

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Introduced in House (11/22/1993)

Prohibits the growth of each individual mandatory program except Social Security, beginning with FY 1994 and fiscal years thereafter, from exceeding a level that is: (1) adjusted for beneficiary and inflation growth; plus (2) two percent for FY 1994 and one percent for FY 1995.

Requires a sequester to reduce spending for mandatory programs if Congress fails to make relevant changes in laws to maintain appropriate spending levels.