The Balanced Budget Act of 1997 (CRS Report for Congress)
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Release Date |
Sept. 17, 1997 |
Report Number |
97-635 |
Report Type |
Report |
Authors |
Carolyn L. Merck, Education and Public Welfare Division |
Source Agency |
Congressional Research Service |
Summary:
On June 25, 1997, the Senate and the House of Representatives each passed FY1998 budget reconciliation bills covering spending and saving proposals. These bill, which reflected assumptions included in the FY1998 congressional budget resolution, included deficit reduction provisions pertaining to the federal civil service retirement and health insurance programs. After approval by the House Committee on Government Reform and Oversight and the Senate Committee on Governmental Affairs, these proposals were included in the Balanced Budget Act of 1997 enacted on August 5, 1997 (P.L. 105-33).