[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[S. 517 Introduced in Senate (IS)]

103d CONGRESS
  1st Session
                                 S. 517

  To reduce the deficit in the Federal budget for fiscal year 1994 by 
limiting to $2,000,000,000 the amount that may be appropriated for the 
                     Strategic Defense Initiative.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                March 5 (legislative day, March 3), 1993

Mr. Bumpers (for himself and Mr. Sasser) introduced the following bill; 
  which was read twice and referred to the Committee on Armed Services

_______________________________________________________________________

                                 A BILL


 
  To reduce the deficit in the Federal budget for fiscal year 1994 by 
limiting to $2,000,000,000 the amount that may be appropriated for the 
                     Strategic Defense Initiative.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. FINDINGS.

    Congress makes the following findings:
            (1) Federal budget deficits have grown to such an extent as 
        to pose a serious short-term, medium-term, and long-term threat 
        to the health of the United States economy.
            (2) The gross cost of interest payments on the public debt 
        of the United States now exceeds defense expenditures in the 
        Federal budget and is one of the fastest growing components in 
        the Federal budget.
            (3) The American people are demanding serious and 
        fundamental changes in the Federal Government's management of 
        spending priorities and over-all fiscal stewardship.
            (4) Programs that are not absolutely necessary to the 
        health and well-being of the American people must be closely 
        scrutinized for possible funding reduction or elimination.
            (5) The end of the Cold War allows the United States safely 
        to reduce expenditures for defense programs and related 
        programs that had as their original or primary focus the 
        military threat posed by the Soviet Union.
            (6) The President is requesting $3,800,000,000 for the 
        Strategic Defense Initiative for fiscal year 1994.
            (7) A reduction of $1,800,000,000 below that amount would 
        preserve a realistic program for strategic defense of the 
        United States.

SEC 2. LIMITATION ON AUTHORIZATION OF APPROPRIATIONS FOR THE STRATEGIC 
              DEFENSE INITIATIVE FOR FISCAL YEAR 1994.

    Not more than $2,000,000,000 may be authorized to be appropriated 
for fiscal year 1994 for the Strategic Defense Initiative.

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