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To: Cboldt
Where does it say what you said it does? This is what I read.

"H.R.9214 Latest Title: A bill to amend the Bretton Woods Agreement Act to authorize the United States to participate in the Supplementary Financing Facility of the International Monetary Fund. Sponsor: Rep Neal, Stephen L. [NC-5] (by request) (introduced 9/20/1977) Cosponsors (None) Related Bills: H.RES.990, S.2152 Latest Major Action: 10/10/1978 Public Law 95-435.

160 posted on 07/29/2011 5:15:22 PM PDT by Spunky (“To compel a man to subsidize with his taxes the propagation of ideas which he disbelieves and abh)
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To: Spunky
-- Where does it say what you said it does? --

Find CRS Summary. The excerpt is the last sentence in that summary.

Or, just read the law itself ... http://www.cq.com/graphics/sal/95/sal95-435.pdf (3 page PDF file, last line)

Or, see what was 31 USC 27, and is now 31 USC 1103.

Sec. 1103. Budget ceiling

Congress reaffirms its commitment that budget outlays of the United States Government for a fiscal year may be not more than the receipts of the Government for that year.


167 posted on 07/29/2011 5:27:02 PM PDT by Cboldt
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