Amends the Congressional Budget Act of 1974 to require that each congressional budget resolution fix the level of tax expenditures for the fiscal year involved as well as the recommended aggregate level of Federal revenues.
Declares that such amendments shall apply with respect to fiscal years beginning after September 30, 1982.
Introduced in Senate
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 has thirty days of continuous session to report or be discharged.
Committee on Governmental Affairs requested executive comment from GAO; CBO; OMB.
Committee on Governmental Affairs received executive comment from CBO.
Committee on Governmental Affairs received executive comment from Comptroller General of GAO.
Committee on Budget. Hearings held.
Committee on Budget. Hearings held.
Committee on Budget. Hearings held.
Committee on Budget. Hearings held.
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