[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H. Res. 89 Introduced in House (IH)]







105th CONGRESS
  1st Session
H. RES. 89

 Requesting the President to submit a budget for fiscal year 1998 that 
would balance the Federal budget by fiscal year 2002 without relying on 
                        budgetary contingencies.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 11, 1997

  Mr. Sununu (for himself, Ms. Granger, and Mr. Pitts) submitted the 
following resolution; which was referred to the Committee on the Budget

_______________________________________________________________________

                               RESOLUTION


 
 Requesting the President to submit a budget for fiscal year 1998 that 
would balance the Federal budget by fiscal year 2002 without relying on 
                        budgetary contingencies.

Whereas the President has observed on numerous occasions that a constitutional 
        amendment is not necessary to balance the budget, observing in his State 
        of the Union address that ``* * * we don't need a constitutional 
        amendment, we need action.'';
Whereas the President has also repeatedly agreed, most recently on January 28, 
        1997, to balance the budget by fiscal year 2002 based on the estimates 
        of the nonpartisan Congressional Budget Office; and
Whereas the Congressional Budget Office has officially estimated that the 
        President's budget would increase the deficit by $24 billion in fiscal 
        year 1998 and result in a deficit of at least $69 billion in fiscal year 
        2002: Now, therefore, be it
    Resolved, That (a) the House of Representatives requests the 
President to submit to the House, not later than April 7, 1997, a 
detailed plan to achieve a balanced budget by fiscal year 2002 for the 
United States, as estimated by the Congressional Budget Office, that--
            (1) uses the most recent economic and technical assumptions 
        of the Congressional Budget Office;
            (2) reduces the deficit through programmatic reforms rather 
        than alternative budgetary procedures such as automatic 
        spending cuts and the sunsetting of tax cuts;
            (3) realizes a significant proportion of its total savings 
        in the first three years; and
            (4) offers sufficient Medicare reforms to forestall the 
        imminent bankruptcy of the Medicare trust funds for a 
        substantial period.
    (b) The House of Representatives shall consider a budget plan to 
achieve a balanced budget by fiscal year 2002 for the United States 
that is in compliance with paragraphs (1) through (4) of subsection 
(a).
                                 <all>