A bill to amend the Balanced Budget and Emergency Deficit Control Act of 1985 to require a reduction in the discretionary spending limits in each fiscal year by an amount equal to the total of any reductions made in existing programs for the previous fiscal year.
Deficit Reduction Assurance Act of 1993 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to require the budget submitted for FY 1995, 1996, 1997, and 1998 to reduce discretionary spending limits by the amount of any reductions made in existing programs, projects, and activities during the previous fiscal year.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S14533-14534)
Read twice and referred to the Committee on Governmental Affairs pursuant to the order of August 4, 1977, with instructions that if one Committee reports, the other Committee have thirty days to report or be discharged.
Read twice and referred to the Committee on Budget pursuant to the order of August 4, 1977, with instructions that if one Committee reports, the other Committee have thirty days to report or be discharged.
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