§ 1103 - Budget ceiling

CHAPTER 11— THE BUDGET AND FISCAL, BUDGET, AND PROGRAM INFORMATION

Congress reaffirms its commitment that budget outlays of the United States Government for a fiscal year may be not more than the receipts of the Government for that year.

Notes

Historical and Revision Notes Revised SectionSource (U.S. Code)Source (Statutes at Large) 110331:27.Oct. 10, 1978, Pub. L. 95–435, § 7, 92 Stat. 1053; restated Oct. 7, 1980, Pub. L. 96–389, § 3, 94 Stat. 1553.

The word “total” is omitted as surplus. The words “for a fiscal year” are substituted for “beginning with Fiscal Year 1981” because of the restatement and to eliminate executed words. The words “for that year” are added because of the restatement.