[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[H. Con. Res. 193 Engrossed in House (EH)]


  2d Session

                            H. CON. RES. 193

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                         CONCURRENT RESOLUTION

   Expressing the sense of the Congress that the cost of Government 
  spending and regulatory programs should be reduced so that American 
         families will be able to keep more of what they earn.
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
104th CONGRESS
  2d Session
H. CON. RES. 193

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                         CONCURRENT RESOLUTION

Whereas the total cost of Government spending and regulations (total cost of 
        Government) has increased from 48.2 percent of the net national product 
        (NNP) in 1989 to an estimated 50.4 percent of NNP in 1996;
Whereas the total cost of Government now exceeds $3,380,000,000,000 annually;
Whereas Federal regulatory costs now exceed $730,000,000,000 annually;
Whereas the cost of Government in general and excessive regulations in 
        particular have placed a tremendous drain on the economy in recent years 
        by reducing worker productivity, increasing prices to consumers, and 
        increasing unemployment;
Whereas, if the average American worker were to spend all of his or her gross 
        earnings on nothing else besides meeting his or her share of the total 
        cost of Government for the current year, that total cost would not be 
        met until July 3, 1996;
Whereas July 3, 1996, should therefore be considered Cost of Government Day 
        1996; and
Whereas it is not right that the American family has to give up more than 50 
        percent of what it earns to the government: Now, therefore, be it
    Resolved by the House of Representatives (the Senate concurring), 
That it is the sense of the Congress that, as part of balancing the 
budget and reevaluating the role of government, Federal, State, and 
local elected officials should carefully consider the costs of 
Government spending and regulatory programs in the year to come so that 
American families will be able to keep more of what they earn.

            Passed the House of Representatives July 10, 1996.

            Attest:

                                                                 Clerk.