§14212. Conforming reduction in discretionary spending limits

Upon enactment of this Act, the discretionary spending limits set forth in section 665(a)(2) of title 2 (as adjusted in conformance with section 901 of title 2, and in the Senate, with section 24 of House Concurrent Resolution 218 (103d Congress)) for fiscal years 1995 through 1998 are reduced as follows:

(1) for fiscal year 1995, for the discretionary category: $2,423,000,000 in new budget authority and $703,000,000 in outlays;

(2) for fiscal year 1996, for the discretionary category: $4,287,000,000 in new budget authority and $2,334,000,000 in outlays;

(3) for fiscal year 1997, for the discretionary category: $5,000,000,000 in new budget authority and $3,936,000,000 in outlays; and

(4) for fiscal year 1998, for the discretionary category: $5,500,000,000 in new budget authority and $4,904,000,000 in outlays.

For fiscal year 1999, the comparable amount for budgetary purposes shall be deemed to be $6,500,000,000 in new budget authority and $5,639,000,000 in outlays. For fiscal year 2000, the comparable amount for budgetary purposes shall be deemed to be $6,500,000,000 in new budget authority and $6,225,000,000 in outlays.

( Pub. L. 103–322, title XXXI, §310002, Sept. 13, 1994, 108 Stat. 2105 .)

References in Text

Upon enactment of this Act, referred to in text, probably means on the date of enactment of Pub. L. 103–322, which was approved Sept. 13, 1994.

House Concurrent Resolution 218, referred to in text, is H. Con. Res. 218, May 12, 1994, 108 Stat. 5075, which is not classified to the Code.