Date: April 27, 1977
Subject: Reduce Spending and Deficit
Description: Latta (R-OH) substitute amendment to the Budget Committee amendment, to provide for fiscal 1978 revenues of $392.9 billion, budget authority of $481.5 billion, outlays of $440.6 billion, and a deficit of $47.7 billion. This would reduce revenues by $5 billion, budget authority by $26.5 billion, outlays by $19 billion, and reduce the deficit by $14 billion.
Result: Amendment Rejected, 150-250
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