§ 1022d. President’s Budget

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 1978

   Full Employment and Balanced Growth Act of 1978

   Pub. L. 95–523 title I § 107 · 92 Stat. 1887

   Enacted · 15 U.S.C. § 1022d

   (Feb. 20, 1946, ch. 33, § 7, as added Pub. L. 95–523, title I, § 107, Oct. 27, 1978, 92 Stat. 1896.)

   Source evidence

   Code source credit
   (Feb. 20, 1946, ch. 33, § 7, as added Pub. L. 95–523, title I, § 107, Oct. 27, 1978, 92 Stat. 1896.)

   Enacted provision · exact public law section
   Sec. 107. the president’s budget The Employment Act of 1946 is amended by inserting a new section 7 as follows: “Sec. 7. “the president’s budget (a) The President’s Budget shall recommend levels of outlays 15 USC 1022d. and receipts which shall he consistent with the short-term economic goals of section 3(a)(2)(A). “(b) The President's Budget shall provide five-year projections of outlays and receipts consistent with the medium-term goals of section 4(b). “(c) The principal elements in the President’s Budget shall be set forth briefly in each Economic Report, toward the end of making clear the relationship between the President’s Budget and the goals and policies set forth in such Economic Report. Both the expenditure and revenue elements of the President’s Budget shall be developed to promote the purposes, policies, and goals of the Full Employment and Balanced Growth Act of 1978. The size of the President’s expenditure Ante, p. 1887. and revenue proposals, and the relationships between such proposals, shall be determined in a manner which gives consideration to the needs of the economy and the people in the priority areas set forth in section 6, and the relationship between the President’s expenditure and revenue proposals shall be guided accordingly.”.

1 of 1 references resolved to an enrolled provision