31 USC 1103 - Sec. 1103. Budget ceiling

31 USC - US Code - Title 31: Money and Finance (January 2003)


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Text:

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.


Historical And Revision Notes

Revised Source (U.S. Code) Source (Statutes at Large) Section

1103 31:27. Oct. 10, 1978, Pub. L. 95-435, Sec. 7, 92 Stat. 1053; restated Oct. 7, 1980, Pub. L. 96-389, Sec. 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.

Section Referred To In Other Sections

This section is referred to in title 2 section 907a.

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