Sec. 303. Content of concurrent resolutions on the budget
218 words·~1 min read·
/bill/113/s/2015/is/section-303A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 301 of the Congressional Budget Act of 1974 ( 2 U.S.C. 632 ) is amended by adding at the end the following: The concurrent resolution on the budget for a fiscal year shall set forth the appropriate level for aggregate means-tested welfare spending for the first fiscal year of that concurrent resolution and for at least each of the 4 ensuing fiscal years beginning on the earlier of— the first fiscal year that begins after the date of enactment of this subsection and after any monthly rate of unemployment during the immediately preceding fiscal year is below 6 percent; or fiscal year 2016. The level described in paragraph
(1)shall not exceed— in fiscal year 2016, $825,000,000,000; in fiscal year 2017, $750,000,000,000; and in fiscal year 2018 and subsequent fiscal years, the aggregate level of Federal means-tested welfare spending for fiscal year 2007, adjusted for inflation as follows: Means-tested welfare spending relating to medical assistance programs shall be adjusted for inflation according to the price index for personal consumption expenditures for health products and services as calculated by the Bureau of Economic Analysis. All other means-tested welfare spending shall be adjusted for inflation according to the weighted price index for personal consumption expenditures excluding health products and services as calculated by the Bureau of Economic Analysis. .
Connectionstraces to 1
Traces to 1 document
Citation graph
cites case law
Sec. 303
Content of concurrent resolutions on the budget
Cites 1Cited by 0 across 0 sources