Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to allow the proceeds from the sale of an asset to be applied to offset the loss of any revenue or receipts resulting from such sale.
Introduced in Senate
Sponsor introductory remarks on measure. (CR S794-795)
Read twice and referred jointly to the Committees on Budget; 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.
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