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§ 1103. Budget ceiling

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Release point 116-252 · current through 12/22/2020

§ 1103.

Budget ceiling

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.

Source(Pub. L. 97–258,
Sept. 13, 1982
, 96 Stat. 908.)
Notes
Historical and Revision Notes
Revised Section
Source (U.S. Code)
Source (Statutes at Large)
1103
31:27.
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.

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