U.S. Code › Title 31 › Subtitle II › Chapter 11 › § 1103

31 U.S. Code § 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.)

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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