A bill to extend and strengthen procedures to maintain fiscal accountability and responsibility.
Extends the provisions of such Act for an additional five years, including the pay-as-you-go requirement. Prohibits sequestration in any surplus year.
Amends the Congressional Budget Act of 1974 concerning budget evasion points of order against legislation which evades specified budget enforcement mechanisms such as the discretionary spending limits, pay-as-you-go, and directed scoring.
Introduced in Senate
Read twice and referred jointly to the Committees on the 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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