[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[S. 519 Introduced in Senate (IS)]

103d CONGRESS
  1st Session
                                 S. 519

To reduce Federal budget deficits by prohibiting further funding of the 
                 Trident II ballistic missile program.


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                   IN THE SENATE OF THE UNITED STATES

                March 5 (legislative day, March 3), 1993

Mr. Bumpers (for himself and Mr. Sasser) introduced the following bill; 
  which was read twice and referred to the Committee on Appropriations

_______________________________________________________________________

                                 A BILL


 
To reduce Federal budget deficits by prohibiting further funding of the 
                 Trident II ballistic missile program.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. FINDINGS.

    Congress makes the following findings:
            (1) Federal budget deficits have grown to such an extent as 
        to pose a serious short-term, medium-term, and long-term threat 
        to the health of the United States economy.
            (2) The gross cost of interest payments on the public debt 
        of the United States now exceeds defense expenditures in the 
        Federal budget and is one of the fastest growing components in 
        the Federal budget.
            (3) The American people are demanding serious and 
        fundamental changes in the Federal Government's management of 
        spending priorities and overall fiscal stewardship.
            (4) Programs that are not absolutely necessary to the 
        health and well-being of the American people must be closely 
        scrutinized for possible funding reduction or elimination.
            (5) Terminating the Trident II ballistic missile program 
        would save $1,300,000,000 in fiscal year 1994 and as much as 
        $15,000,000,000 during the 15 fiscal years following fiscal 
        year 1993.

SEC. 2. PROHIBITION ON FURTHER FUNDING OF THE TRIDENT II MISSILE 
              PROGRAM.

    (a) Prohibition on Use of Funds.--Except as provided in subsection 
(b), funds appropriated on or after the date of the enactment of this 
Act to or for the use of the Department of Defense may not be obligated 
or expended for the Trident II ballistic missile program.
    (b) Limited Exception for Termination Costs.--Subsection (a) does 
not apply to expenditures, not in excess of $90,000,000, solely for 
termination of the Trident II ballistic missile program.

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