Date: May 18, 1995
Subject: Fiscal 1996 Budget Resolution
Description: Neumann (R-WI) substitute amendment to balance the budget by 2000, rather than 2002, by cutting $612 billion more in outlays than the resolution (freezing all non-Social Security outlays at or below current levels and cutting $22.6 billion from Medicare). The substitute takes Social Security off-budget and provides for tax cuts similar to those in the resolution but does not provide for an adjustment in the Consumer Price Index that the resolution does.
Result: Amendment Rejected, 89-342
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