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The Pennsylvania Constitution requires the adoption of a budget by midnight June 30 each year, the last day in the fiscal year. [5] [6] There were seven consecutive budget impasses in Pennsylvania between 2003 and 2009, with tensions between Democratic Governor Ed Rendell and the Republican-controlled State Senate delaying the passage of annual budgets. [7]
A number of states have a two-year or three year budget (e.g.: Kentucky) while others have a one-year budget (e.g.: Massachusetts). In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita columns show the total for all those years.
Indiana has a state debt prohibition with an exception for "temporary and casual deficits," but no balanced budget requirement. The governor is not legally required to submit a balanced budget, the legislature is not required to approve appropriations that are within available revenue, and the state is not required to end the year in balance. [29]
A balanced budget amendment, in which Congress and the President are forced to balance the budget every year, has been introduced many times, [44] dating back to the 1930s. [45] No measure passed either body of Congress until 1982, when the Senate took 11 days to consider it and gained the necessary two-thirds majority. [45]
An Act To provide for reconciliation pursuant to section 201(a)(1) of the concurrent resolution on the budget for fiscal year 1997: Acronyms (colloquial) PRWORA: Enacted by: the 104th United States Congress: Citations; Public law: Pub. L. 104–193 (text) Statutes at Large: 110 Stat. 2105: Codification; Titles amended: Title 42—The Public ...
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Some conservatives, led by then-Congressman Jack Kemp, claim that the promised spending reductions never occurred. [6] One week after TEFRA was signed, H.R. 6863 – the Supplemental Appropriations Act of 1982 which Ronald Reagan claimed would "bust the budget" [7] was passed by both houses of Congress over his veto. [8]