H.Con.Res.446 - Requiring consideration of the most recent financial report of the United States Government in the preparation of the budget of the Government.109th Congress (2005-2006)
|Sponsor:||Rep. Cooper, Jim [D-TN-5] (Introduced 07/13/2006)|
|Committees:||House - Budget|
|Latest Action:||07/13/2006 Referred to the House Committee on the Budget.|
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Subject — Policy Area:
- Economics and Public Finance
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Summary: H.Con.Res.446 — 109th Congress (2005-2006)All Bill Information (Except Text)
Introduced in House (07/13/2006)
Requires the House and Senate Budget Committees, in preparing the annual concurrent resolution on the budget, to take into account the most recent financial report of the federal government.
Requires the President, in preparing his annual budget submission to Congress, also to take such report into account.
Requires the Committees and the President especially to take into account any information regarding the government's net operating cost, net position, and long-term liabilities.