Balanced Budget Act of 1995 - Prohibits issuing any obligation subject to the limitation (under specified provisions of Federal law relating to the public debt limit) after December 31, 2001, except an obligation issued to refund an obligation issued before January 1, 2002. Provides for the suspension of that prohibition on the enactment of a joint resolution declaring a national emergency.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR H841)
Referred to the House Committee on Ways and Means.
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