NOTE: THIS IS A SUBSTITUTE AMENDMENT, WHICH REPLACES THE ENTIRE TEXT OF THE LEGISLATION WITH A NEW TEXT. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.
Vote to adopt a substitute amendment that recommends a federal income of $878.4 billion, a new budget authority of $1.18 trillion, budget expenditure be $1.18 trillion and the budget deficit be $305.7 billion for fiscal year 1994 by reducing spending on domestic programs and some defense programs but not increases federal income.
Recommends a federal income of $878.4 Billion
Recommends a new budget authority & budget expenditure of $1.18 trillion
Calls for $495 billion in deficit reduction measures over the next five years