Balanced Budget and Accounting Act This bill requires the President's annual budget to be a balanced budget in which total outlays do not exceed total receipts during the applicable fiscal year.
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Timeline
Introduced in House
Referred to the House Committee on the Budget.
Introduced in House
Referred to the House Committee on the Budget.
Economics and Public Finance
Balanced Budget and Accounting Act
USA118th CongressHR-7656| House
| Updated: 3/13/2024
Balanced Budget and Accounting Act This bill requires the President's annual budget to be a balanced budget in which total outlays do not exceed total receipts during the applicable fiscal year.