[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[S. Con. Res. 38 Agreed to Senate (ATS)]







104th CONGRESS
  2d Session
S. CON. RES. 38

        Restating the commitment to a seven year balanced budget


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                   IN THE SENATE OF THE UNITED STATES

              January 5 (legislative day, January 3), 1996

 Mr. Daschle submitted the following concurrent resolution; which was 
                        considered and agreed to

_______________________________________________________________________

                         CONCURRENT RESOLUTION


 
        Restating the commitment to a seven year balanced budget

    Resolved by the Senate (the House of Representatives concurring), 
That:
            (1) The President and the Congress shall enact legislation 
        in the second session of the One Hundred Fourth Congress to 
        achieve a balanced budget not later than fiscal year 2002 as 
        estimated by the Congressional Budget Office, and the President 
        and the Congress agree that the balanced budget must protect 
        future generations, ensure medicare solvency, reform welfare, 
        and provide adequate funding for medicaid, education, 
        agriculture, national defense, veterans, and the environment. 
        Further, the balanced budget shall adopt tax policies to help 
        working families and stimulate future economic growth.
            (2) The balanced budget agreement shall be estimated by the 
        Congressional Budget Office based on its most recent current 
        economic and technical assumptions, following a thorough 
        consultation and review with the Office of Management and 
        Budget, and other Government and private experts.
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