H.R.4259 - National Security Budgeting and Deficit Control Act of 1994103rd Congress (1993-1994)
|Sponsor:||Rep. Skelton, Ike [D-MO-4] (Introduced 04/20/1994)|
|Committees:||House - Government Operations|
|Latest Action:||04/22/1994 Referred to the Subcommittee on Legislation and National Security.|
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Subject — Policy Area:
- Economics and Public Finance
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Summary: H.R.4259 — 103rd Congress (1993-1994)All Bill Information (Except Text)
Introduced in House (04/20/1994)
National Security Budgeting and Deficit Control Act of 1994 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings) to extend the caps on defense and nondefense discretionary spending through FY 1998.
Requires the special budget authority adjustment required in the final sequestration report for FY 1995 under such Act to be equally divided between the defense and nondefense categories for each applicable fiscal year.