Amendment101st Congress
Amendment sought to provide fiscal year 1990 new budget authority of $1,357.4 billion; budget outlays of $1,171 billion; budget revenues of $1,074.5 billion; and a budget deficit of $96.5 billion. It would have provided an additional $9 billion in revenues by imposing an oil import fee, the additional revenue to be used for $5.8 billion in increased domestic spending and $3.2 billion for additional deficit reduction.
- Amendment Number
- 41
- Description
- Amendment sought to provide fiscal year 1990 new budget authority of $1,357.4 billion; budget outlays of $1,171 billion; budget revenues of $1,074.5 billion; and a budget deficit of $96.5 billion. It would have provided an additional $9 billion in revenues by imposing an oil import fee, the additional revenue to be used for $5.8 billion in increased domestic spending and $3.2 billion for additional deficit reduction.
- Purpose
- A substitute amendment calling for an additional $9 billion in revenue by imposing an oil import fee, the additional revenue to be used for $5.8 billion in increased domestic spending and $3.2 billion for additional deficit reduction. The amendment would eliminate the provisions of the resolution which cut Medicare.
- Congress
- 101
- Type
- HAMDT
- Latest Action Date
- May 4, 1989
- Latest Action Text
- On agreeing to the Gephardt amendment (A005) Failed by recorded vote: 49 - 373 (Roll no. 42).
- Latest Action Time
- 17:04:13
- Submitted Date
- May 4, 1989
- Chamber
- House of Representatives
- Update Date
- Jul 1, 2021