A bill to amend the Congressional Budget Act of 1974 to limit the total of all Federal expenditures and outlays to 20 per centum of the gross national product after September 30, 1983, except in time of war or economic necessity declared by the congress.
Discipline in Federal Spending Act of 1981 - Amends the Congressional Budget Act of 1974 to limit total Federal budget outlays to 20 percent of the gross national product for any fiscal year beginning after September 30, 1985.
Requires any proposed legislation which would violate such limitations to be ruled out of order in either the House or the Senate.
States that the requirements established by this Act shall not apply during a period of national emergency.
Introduced in House
Introduced in House
Referred to House Committee on Government Operations.
Referred to House Committee on Rules.
Executive Comment Requested from OMB, Treasury.
Referred to Subcommittee on Legislation and National Security.
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