Attorney General No.

SA93RF0011

Secretary of State No.

599

Description

INCUMBENT CONGRESSIONAL REELECTIONS. FEDERAL BUDGET DEFICIT. INITIATIVE STATUTE. Prohibits California's incumbent U.S. Senators and Representatives from reelection if, during their term in office, any budget passed by Congress did not have a reduction in the deficit equal to or greater than 20% of the prior year's deficit, through the year 1999. Beginning in the year 2000, reelection would be prohibited whenever less than 1% of the budget was allocated to the reduction of outstanding federal debt. These provisions would be suspended in the event of a formal declaration of war. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: This measure would have no direct fiscal impact on the state or local governments.

Proponents

Steven Beck, #5 Copley Place, Laguna Niguel, Ca 92677 (714) 661-7425

Date

7-30-1993

Document Type

Initiative

Qualified

Failed to Qualify

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