Amends the Congressional Budget Act of 1974 to require, for all fiscal years beginning with fiscal year 1983, a two-thirds vote in the Senate to adopt any concurrent deficit budget resolution.
Requires the Senate Committee on the Budget, if such resolution fails to pass, to report a concurrent resolution which does not set forth a deficit within three days.
Introduced in Senate
Read second time and referred jointly to Senate Committees on Budget; Governmental Affairs by unanimous consent pursuant to the order of the Senate of August 4, 1977.
Committee on Governmental Affairs requested executive comment from General Services Admisistration; CBO; OMB; Treasury Department.
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