Text: H.R.4623 — 103rd Congress (1993-1994)All Information (Except Text)

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Introduced in House (06/22/1994)

 
[Congressional Bills 103th Congress]
[From the U.S. Government Printing Office]
[H.R. 4623 Introduced in House (IH)]

103d CONGRESS
  2d Session
                                H. R. 4623

 Entitled the ``Anti-Hypocrisy Deficit Reduction Act'', to provide for 
          anti-hypocritical adjustments for fiscal year 1994.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             June 22, 1994

  Mr. Obey (for himself, Mr. Sarpalius, Ms. Shepherd, Mr. Bonior, Mr. 
    Wise, and Mr. Derrick) introduced the following bill; which was 
    referred jointly to the Committees on Government Operations and 
                             Appropriations

_______________________________________________________________________

                                 A BILL


 
 Entitled the ``Anti-Hypocrisy Deficit Reduction Act'', to provide for 
          anti-hypocritical adjustments for fiscal year 1994.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

                 TITLE I--DISCRETIONARY CAP ADJUSTMENTS

SECTION 101. DOWNWARD ADJUSTMENT OF DISCRETIONARY SPENDING LIMITS.

    The discretionary spending limits (new budget authority and 
outlays) for fiscal year 1994 set forth in section 601(a)(2) of the 
Congressional Budget Act of 1974, as adjusted in strict conformance 
with section 251 of the Balanced Budget and Emergency Deficit Control 
Act of 1985, shall be reduced, as calculated by the Director of the 
Office of Management and Budget, in amounts equal to the aggregate 
amounts of rescissions under title II for that fiscal year.

SEC. 102. SPENDING LIMITS FOR FISCAL YEARS 1995-1998.

    (a) Reduction in Spending Limits.--The discretionary spending 
limits (new budget authority and outlays) for each of fiscal years 
1995, 1996, 1997, and 1998 set forth in section 601(a)(2) of the 
Congressional Budget Act of 1974, as adjusted in strict conformance 
with section 251 of the Balanced Budget and Emergency Deficit Control 
Act of 1985, shall be reduced, as calculated by the Director of the 
Office of Management and Budget, by the aggregate amounts of 
rescissions under title II for fiscal year 1994, plus any additional 
savings for that fiscal year as a result of the enactment of title III.
    (b) Definition.--For purposes of subsection (a), the term 
``additional savings for that fiscal year as a result of the enactment 
of title III'' means the net aggregate amount (if any) by which fiscal 
year 1994 appropriations (before any rescissions made under title II) 
for all programs, projects, and activities for which new authorization 
levels are established by title III exceeds those new authorization 
levels for fiscal year 1995, 1996, 1997, or 1998, as the case may be.

                    TITLE II--REDUCTIONS IN SPENDING

SEC. 201. RESCISSIONS.

    TITLE III--CHANGES IN AUTHORIZATION STATUTES TO EFFECT SPENDING 
                               REDUCTIONS

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