Summary: H.R.5371 — 96th Congress (1979-1980)All Information (Except Text)

There is one summary for H.R.5371. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (09/24/1979)

Amends the Congressional Budget Act of 1974 to prohibit the adoption of any concurrent resolution on the budget which sets forth a level of total budget outlays in excess of 21 percent of the gross national product in fiscal year 1981, or 20 percent of the gross national product for each fiscal year thereafter. Establishes procedures to enable the President and the Congress to suspend such limitations on the level of budget outlays.