Top Legislation - View All
Also tagged in: Actions and defenses, Administrative procedure, Animals, Bonds, Budgets, California, Central Valley Reclamation Project (California), Congress, Congressional reporting requirements, Dams, Department of Commerce, Endangered species, Energy, Environmental assessment, Environmental protection, Executive departments, Federal aid to water resources development, Federally-guaranteed loans, Finance, Government trust funds, Governmental investigations, Hydroelectric plants, Hydroelectric power, Infrastructure, Land transfers, Law, Licenses, Natural resources, Public contracts, Restoration ecology, Rivers, Salmon, Water allocation (Policy), Water resources, Water resources development, Water rights, Water storage, Water supply, Water use
Latest Action: 06/25/2008 - Committee on Energy and Natural Resources. Reported by Senator Bingaman with an amendment in the nature of a substitute. With written report No. 110-400. Bill TextA bill to authorize the implementation of the San Joaquin River Restoration Settlement. 6/25/2008--Reported to Senate amended. (There is 1 other summary) Title I: San Joaquin River Restoration Settlement Act - San Joaquin River Restoration Settlement Act - (Sec. 104) Directs the Secretary of the Interior (the Secretary) to implement the Stipulation of Settlement dated September 13, 2006, in Natural Resources Defense Council, et al. v. Kirk Rodgers, et al., in cooperation with the state of California, including measures to: (1) design and construct channel and structural improvements; (2) modify Friant Dam operations to provide Restoration Flows and Interim Flows; (3) acquire water, water rights, or options to acquire water from willing sellers; (4) implement terms and conditions related to recirculation, recapture, reuse, exchange, or transfer of water released for such flows; and (5) develop and implement the Recovered Water Account.Directs [...] show full description
Also tagged in: Actions and defenses, Administrative procedure, Animals, Bonds, Budgets, California, Central Valley Reclamation Project (California), Congress, Congressional reporting requirements, Dams, Department of Commerce, Endangered species, Energy, Environmental assessment, Environmental protection, Executive departments, Federal aid to water resources development, Federally-guaranteed loans, Finance, Government trust funds, Governmental investigations, Hydroelectric plants, Hydroelectric power, Infrastructure, Land transfers, Law, Licenses, Natural resources, Public contracts, Restoration ecology, Rivers, Salmon, Water allocation (Policy), Water resources, Water resources development, Water rights, Water storage, Water supply, Water use
Latest Action: 03/01/2007 - Subcommittee Hearings Held. Bill TextTo authorize the implementation of the San Joaquin River Restoration Settlement. 1/4/2007--Introduced. San Joaquin River Restoration Settlement Act - Directs the Secretary of the Interior to implement the terms and conditions of the Stipulation of Settlement dated September 13, 2006, in Natural Resources Defense Council, et al. v. Kirk Rodgers, et al., in cooperation with the state of California, including measures to: (1) design and construct channel and structural improvements; (2) modify Friant Dam operations to provide Restoration Flows and Interim Flows; (3) acquire water, water rights, or options to acquire water from willing sellers; (4) implement terms and conditions related to recirculation, recapture, reuse, exchange, or transfer of water released for such flows; and (5) develop and implement the Recovered Water Account. Directs the Secretary to: (1) enter into agreements with California to facilitate or expedite Settlement implementation; and (2) identify [...] show full description
Also tagged in: Affordable housing, Afghanistan, Aged, Agricultural subsidies, Agriculture, Alcohol as fuel, Alien labor, Alternative energy sources, Appropriations, Armed forces, Armed forces abroad, Authorization, Border patrols, Budget deficits, Budget reconciliation, Budget resolutions, Budget surpluses, Budgets, Business, Children, College costs, Congress, Congressional agencies, Congressional Budget Office, Congressional committees (Senate), Congressional conference committees, Congressional voting, Counterterrorism, Criminal justice, Day care, Debt limit, Defense budgets, Defense economics, Defense policy, Department of Health and Human Services, Disability evaluation, Disabled, District of Columbia, Drug utilization, Economic policy, Electric power transmission, Electric vehicles, Electronic data interchange, Emergency management, Employee health benefits, Energy, Energy conservation, Energy crops, Energy efficiency, Energy security, Executive departments, Federal aid to child health services, Federal aid to housing, Federal budget process, Finance, Fire prevention, Food, Food and Drug Administration (FDA), Foreign policy, Forest fires, Government spending reductions, Government trust funds, Governmental investigations, Health care fraud, Health information systems, Health insurance, Health policy, Higher education, Housing, Illegal aliens, Immigration, Imports, Income tax, Indian claims, Information technology, International affairs, Iraq, Iraq compilation, Labor, Legislation, Legislative amendments, Legislative resolutions, Liability insurance, Logistics, Long-term care, Medical care, Medical fees, Medical records, Medically uninsured, Medicare, Medicine, Mental health services, Middle East and North Africa, Military and naval supplies, Military hospitals, Military medicine, Military occupation, Military operations, Military training, Minorities, Motor vehicles, National forests, Natural gas, Natural gas vehicles, Natural resources, Nutrition, Oil and gas royalties, Petroleum, Pharmaceutical research, Physicians, Poor children, Power marketing administrations, Prescription pricing, Prospecting, Public lands, Public-private partnerships, Quality of care, Revenue sharing, Right of privacy, Rural affairs, Rural economic development, Science policy, Senate Budget, Senate rules and procedure, Small business, Social security, Social security finance, South Asia, State and local government, Supplemental security income program, Tax administration, Tax refunds, Taxation, Technology, Telecommunication, Terrorism, Tobacco, Tobacco industry, Trade, Transportation, Unemployment insurance, User charges, Veterans, Veterans' benefits, Veterans' medical care, War casualties, War risk insurance, Welfare
Latest Action: 05/17/2007 - Conference papers: Senate report and manager's statement and message on House action held at the desk in Senate. Bill TextAn original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2008 and including the appropriate budgetary levels for fiscal years 2007 and 2009 through 2012. 5/16/2007--Conference report filed in House. (There are 4 other summaries) Sets forth the congressional budget for the federal government for FY2008, including the appropriate budgetary levels for FY2007 and FY2009-FY2012. Title I: Recommended Levels and Amounts - (Sec. 101) Lists recommended budgetary levels and amounts, for FY2007-FY2012, with respect to: (1) federal revenues; (2) new budget authority; (3) budget outlays; (4) deficits; (5) debt subject to limit; and (6) debt held by the public. (Sec. 102) Lists the appropriate levels of new budget authority, outlays, and administrative expenses for Social Security and specified major functional categories for FY2007-FY2012. Title II: Budget Process [...] show full description
Also tagged in: Annuities, Bonds, Budgets, Children, Civil service retirement, Cost of living adjustments, Families, Finance, Gift tax, Government employees, Government trust funds, Grandparents, Individual retirement accounts, Inheritance tax, Investments, Law, Mutual funds, Old age, survivors and disability insurance, Parents, Pensions, Social security, Social security finance, Social security numbers, Stocks, Tax exemption, Tax refunds, Taxation, Trusts and trustees
Latest Action: 01/18/2007 - Referred to the Subcommittee on Social Security. Bill TextTo amend the Social Security Act to provide each American child with a KidSave Account, and for other purposes. 1/5/2007--Introduced. Social Security KidSave Accounts Act - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to create a new part B (KidSave Accounts). Directs the Commissioner of Social Security to establish in the name of each individual born on or after January 1, 2008, an individual retirement account in the Thrift Savings Fund known as a KidSave Account. Requires such Account to be treated in the same manner as an account maintained by a federal employee under the Federal Employees Retirement System (FERS) (into which contributions by or on behalf of the individual are deposited into one or more designated investment funds).Requires the Secretary of the Treasury to transfer from the Federal Old-Age and Survivors Insurance Trust Fund to each account holder's KidSave Account: (1) $2,000, on the date such [...] show full description
Also tagged in: Balance of payments, Budget deficits, Budget resolutions, Budgets, Congress, Congressional committees (House), Congressional committees (Senate), Congressional Record, Congressional reporting requirements, Congressional voting, Cost accounting, Economic growth, Economic impact statements, Economic policy, Entitlements, Executive departments, Expedited congressional procedure, Federal advisory bodies, Federal budget process, Federal budgets, Finance, Fiscal policy, Foreign investments, Government information, Government spending reductions, Gross national product, House Budget, House rules and procedure, International finance, Legislation, Legislative amendments, Legislative resolutions, Public debt, Public meetings, Saving and investment, Senate Budget, Senate rules and procedure, Taxation, Trade, Welfare
Latest Action: 03/20/2007 - Sponsor introductory remarks on measure. (CR H2674, E587-588) Bill TextTo establish a commission to develop legislation designed to reform tax policy and entitlement benefit programs and ensure a sound fiscal future for the United States, and for other purposes. 1/16/2007--Introduced. Securing America's Future Economy Commission Act, or SAFE Commission Act - Establishes the Securing America's Future Economy (SAFE) Commission to develop legislation designed to address: (1) the unsustainable imbalance between long-term federal spending commitments and projected revenues; (2) increases in net national savings to provide for domestic investment and economic growth; (3) the implications of foreign ownership of federally issued debt instruments; and (4) revision of the budget process to place greater emphasis on long-term fiscal issues. Requires the Commission to: (1) develop one or two methods for estimating the cost of legislation as an alternative to the current Congressional Budget Office (CBO) method; and (2) hold at least one town-hall [...] show full description
Also tagged in: Balance of payments, Budget deficits, Budgets, Congress, Congressional committees (House), Congressional committees (Senate), Congressional Record, Congressional reporting requirements, Cost accounting, Economic growth, Economic impact statements, Economic policy, Entitlements, Executive departments, Expedited congressional procedure, Federal advisory bodies, Federal budget process, Federal budgets, Finance, Fiscal policy, Foreign investments, Government information, Government spending reductions, House Budget, House rules and procedure, International finance, Legislation, Public meetings, Saving and investment, Senate Budget, Senate rules and procedure, Tax rates, Taxation, Trade, Welfare
Latest Action: 01/16/2007 - Referred to the Committee on the Budget, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. Bill TextTo establish a commission to develop legislation designed to reform entitlement benefit programs and ensure a sound fiscal future for the United States, and for other purposes. 1/16/2007--Introduced. Commission On Reforming Entitlement Spending Act, or CORE Spending Act - Establishes the Commission On Reforming Entitlement Spending to examine the long-term fiscal challenges facing the United States and develop legislation designed to address them. Authorizes the President and the House or Senate Budget Committee to submit alternatives to the legislative proposal submitted by the Commission. Requires the Director of the Congressional Budget Office (CBO) to prepare a long-term cost estimate of legislation proposed under this Act or a related amendment, and have it published in the Congressional Record as expeditiously as possible.
Also tagged in: Auditing, Bank records, Business, Cartels, Checks, Civil liberties, Conspiracy, Consumer credit, Consumers, Counterfeiting, Credit bureaus, Criminal investigation, Criminal justice, Electronic funds transfers, Extraterritoriality, Finance, Foreign banks and banking, Forgery, Grand jury, Indictments, Intelligence activities, International finance, Law, Money laundering, Obstruction of justice, Prosecution, Right of privacy, Secret service, Securities, Smuggling, Subpoena, Technology, Telecommunication, Undercover operations
Latest Action: 02/01/2007 - Sponsor introductory remarks on measure. (CR S1523-1524) Bill TextA bill to improve the prohibitions on money laundering, and for other purposes. 2/1/2007--Introduced. Combating Money Laundering and Terrorist Financing Act of 2007 - Amends money laundering provisions of the federal criminal code to redefine "specified unlawful activity" as: (1) any act constituting an offense in violation of the laws of the United States or any State punishable by imprisonment for a term exceeding 1 year; and (2) any act occurring outside of the United States that would constitute such an offense if committed within U.S. jurisdiction. Revises the procedure for issuing subpoenas in money laundering cases. Assigns a standard value to monetary instruments payable to bearer in blank (with no amount indicated on the instrument). Increases the penalty for bulk cash smuggling in or out of the United States from five to 10 years. Redefines money laundering transactions involving amounts greater than $10,000 to include commingling [...] show full description
Also tagged in: Bonds, Budgets, District of Columbia, Federal mandates, Federal-local relations, Finance, Local budgets, Local finance, Local government, Local laws, Municipal home rule, State and local government
Latest Action: 06/21/2007 - Subcommittee Consideration and Mark-up Session Held. Bill TextTo amend the District of Columbia Home Rule Act to eliminate all Federally-imposed mandates over the local budget process and financial management of the District of Columbia and the borrowing of money by the District of Columbia. 1/30/2007--Introduced. District of Columbia Budget Autonomy Act of 2007 - Amends the District of Columbia Home Rule Act to eliminate, with respect to each fiscal year that is not a control year, all federally-imposed mandates over the District of Columbia's: (1) local budget process, financial management, audits, and accountability requirements; and (2) short-term borrowing of money, with specified exceptions. Declares that the process by which the District develops and enacts the District government's budget for a fiscal year, the activities carried out regarding financial management of the District government, and the process and rules by which the District issues bonds or otherwise borrows money shall be established under laws enacted by [...] show full description
Also tagged in: Admission of nonimmigrants, Aliens, Armed forces, Business, Caribbean area, Children, Congress, Congressional oversight, Congressional reporting requirements, Contracts, Corporation directors, Corporations, Cuba, Defense policy, Dictators, Energy, Energy development, Energy transportation, Environmental protection, Executives, Export controls, Export finance, Families, Finance, Financial institutions, Florida, Foreign investments, Foreign policy, Gas in submerged lands, Gas industry, Government procurement, Immigration, International affairs, International finance, Investments, Investors, Latin America, Loans, Marine ecology, Marine resources, Married people, National security, Natural gas, Natural resources, Oil and gas leases, Oil and gas royalties, Oil well drilling, Petroleum, Petroleum engineering, Petroleum in submerged lands, Petroleum industry, Pipelines, Prospecting, Public contracts, Sanctions (International law), Stockholders, Submarine oil well drilling, Subsidiary corporations, Technology, Technology transfer, Trade, Transportation, Visas
Latest Action: 03/14/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextA bill to exclude from admission to the United States aliens who have made investments contributing to the enhancement of the ability of Cuba to develop its petroleum resources, and for other purposes. 3/14/2007--Introduced. States that it shall be U.S. policy to: (1) undertake measures to deny the Cuban regime the financial resources to engage in activities that threaten U.S. national security and other interests, threaten the environment and natural resources of northern Cuba and Florida, and prolong the dictatorship that oppresses the Cuban people; and (2) deter foreign investments that would enhance the Cuban regime's ability to develop its petroleum resources. Amends the Cuban Liberty and Democratic Solidarity (LIBERTAD) Act of 1996 to exclude from U.S. entry an alien who: (1) is an officer or principal of an entity, or a shareholder who owns a controlling interest in an entity that makes an investment (as defined by this Act) of $1 million or more (or any combination [...] show full description
Also tagged in: Accounting, Agricultural conservation, Agriculture, Capital gains tax, Conservation easements, Environmental protection, Farm lands, Finance, Income tax, Land transfers, Local finance, Natural resources, Nature conservation, State and local government, State finance, Tax-exempt organizations, Taxation
Latest Action: 02/16/2007 - Referred to the House Committee on Ways and Means. Bill TextTo amend the Internal Revenue Code of 1986 to clarify that installment sales treatment shall not fail to apply to property acquired for conservation purposes by a State or local government or certain tax-exempt organizations merely because purchase funds are held in a sinking or similar fund pursuant to State law. 2/16/2007--Introduced. Open Space Preservation Promotion Act of 2007 - Amends the Internal Revenue Code to allow installment sales treatment for land sold to a governmental unit or tax-exempt charitable organization for conservation purposes even though the purchase funds for such sale are held in a sinking or similar fund, as required by state law.
|
Latest Legislation - View All
Also tagged in: Brokers, Collection of accounts, Confidential communications, Congress, Congressional reporting requirements, Congressional witnesses, Criminal justice, Debtor and creditor, Federal preemption, Finance, Fines (Penalties), Fingerprints, Futures trading, Information disclosure (Securities law), Investment advisers, Investors, Law, Margins (Security trading), Options (Contract), Securities fraud, Securities industry, Securities regulation, State and local government, State laws, Stock exchanges, Subpoena
Latest Action: 09/12/2008 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextTo amend the Federal securities laws to enhance the effectiveness of the Securities and Exchange Commission's enforcement, corporation finance, trading and markets, investment management, and examination programs, and for other purposes. 9/11/2008--Passed House amended. (There is 1 other summary) Securities Act of 2008 - (Sec. 2) Amends the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, and the Investment Company Act of 1940 to authorize the Securities and Exchange Commission (SEC) to assess and impose civil penalties in a cease and desist proceeding.Creates three tiers of increasing civil penalties for acts or omissions of increasing gravity.(Sec. 3) Authorizes the SEC to censure, place limitations on the activities or functions of, or investigate any person who at the time of specified alleged misconduct was: (1) a member or employee of the Municipal Securities Rulemaking Board; (2) [...] show full description
Also tagged in: Administrative procedure, Bonds, Communications, Executive departments, Finance, Government information, Independent regulatory commissions, Information disclosure (Securities law), Investment guaranty insurance, Investors, Law, Money market funds, Performance measurement, Risk, Securities, Securities and Exchange Commission, Securities regulation, Signs and symbols
Latest Action: 09/09/2008 - Reported (Amended) by the Committee on Financial Services. H. Rept. 110-835. Bill TextTo ensure uniform and accurate credit rating of municipal bonds and provide for a review of the municipal bond insurance industry. 6/19/2008--Introduced. Municipal Bond Fairness Act - Amends the Securities Exchange Act of 1934 to direct the Securities and Exchange Commission (SEC) to require each registered nationally recognized statistical rating organization (NSRO) (credit rating agency) to: (1) establish and maintain credit ratings with respect to securities and money market instruments designed to assess the risk that investors in such instruments may not receive payment in accordance with their terms of issuance; and (2) define clearly any rating symbol and apply it consistently. Prohibits the SEC from imposing any requirement that prevents an NSRO from establishing ratings that are complementary to such mandatory ratings and that are created to measure a discrete aspect of risk.Directs the SEC to establish performance measures to determine when to review [...] show full description
Latest Action: 05/05/2008 - Referred to the House Committee on Ways and Means. Bill TextTo amend the Internal Revenue Code of 1986 to provide for reallocation of abandoned private activity bond volume cap. 5/5/2008--Introduced. Affordable Housing Expansion Act of 2008 - Amends the Internal Revenue Code to allow the Secretary of the Treasury to allocate among the states in 2008 and subsequent years unused amounts of authorized private activity bonds for prior calendar years.
Latest Action: 05/07/2008 - Referred to the House Committee on Financial Services. Bill TextExpressing the sense of the House of Representatives that the People's Republic of China and all enterprises owned or controlled by the People's Republic of China should make proper disclosures with the Securities and Exchange Commission regarding the selective default status of certain bonds. 5/7/2008--Introduced. Expresses the sense of the House of Representatives that the People's Republic of China and its government-owned and controlled enterprises should be required to properly disclose material information concerning the selective default status of specified bonds in all prospectuses and filings with the Securities and Exchange Commission.
Latest Action: 04/28/2008 - Referred to the Committee on Foreign Relations. (text of measure as introduced: CR S3448-3449) Bill TextA concurrent resolution expressing the sense of Congress that the People's Republic of China and all enterprises owned or controlled by the People's Republic of China should make proper disclosures with the Securities and Exchange Commission regarding the selective default status of certain bonds. 4/28/2008--Introduced. Expresses the sense of Congress that the People's Republic of China and its government-owned and controlled enterprises should be required to properly disclose material information concerning the selective default status of specified bonds in all prospectuses and filings with the Securities and Exchange Commission.
Also tagged in: Budgets, Cabinet officers, Executive departments, Finance, Identification devices, Income tax, Old age, survivors and disability insurance, Pensions, Presidents, Railroad retirement plans, Social security, Social security finance, Social security taxes, Tax rates, Taxation, Transportation
Latest Action: 04/10/2008 - Referred to the House Committee on Ways and Means. Bill TextTo amend the Internal Revenue Code of 1986 to impose a tax on the amount of wages in excess of the contribution and benefit base, and for other purposes. 4/10/2008--Introduced. Social Security Forever Act of 2008 - Amends the Internal Revenue Code to impose on employers, employees, and self-employed individuals an additional employment tax for wages in excess of the social security contribution and benefit base. Requires all Treasury securities to bear a facsimile of the signatures of the President and the Secretary of the Treasury.
Also tagged in: Bonds, Brokers, Business, Capital gains tax, Corporation taxes, Education, Energy, Energy efficiency, Excise tax, Finance, Foreign exchange, Foreign tax credit, Foster home care, Government information, Health facilities, Health policy, Higher education, Home ownership, Housing, Housing finance, Housing subsidies, Income tax, Information disclosure (Securities law), Interest, Leases, Local taxation, Low-income housing, Medical care, Medicine, Minimum tax, Mortgages, Property tax, Real estate investment, Real estate investment trusts, Rental housing, Residential rehabilitation, Secondary mortgage market, Securities, State and local government, State taxation, Student housing, Students, Subsidiary corporations, Surety and fidelity, Tax administration, Tax credits, Tax deductions, Tax exclusion, Tax exemption, Tax penalties, Tax returns, Tax-exempt organizations, Taxation, Welfare
Latest Action: 04/24/2008 - Reported (Amended) by the Committee on Ways and Means. H. Rept. 110-606. Bill TextTo amend the Internal Revenue Code of 1986 to provide assistance for housing. 4/24/2008--Reported to House amended. (There is 1 other summary) Housing Assistance Tax Act of 2008 - Title I: Housing Tax Incentives - Subtitle A: Multi-Family Housing - Part 1: Low-Income Housing Tax Credit - Amends Internal Revenue Code provisions relating to the low-income housing tax credit and tax-exempt bond rules for financing low-income housing projects.(Sec. 101) Increases in 2008 and 2009 the per capita amount of the low-income housing tax credit allocable by each state.(Sec. 102) Modifies rules for the low-income housing tax credit to: (1) eliminate the distinction between new and existing buildings for purposes of such credit; (2) establish a minimum credit rate for non-federally subsidized buildings; (3) set forth criteria for designating a building as federally subsidized and for considering federal assistance in calculating [...] show full description
Also tagged in: Bonds, Budgets, Executive departments, Executive reorganization, Finance, Foreclosure, Government corporations, Housing, Housing finance, Loan defaults, Mortgages
Latest Action: 11/09/2007 - Referred to the House Committee on Financial Services. Bill TextTo establish the Family Foreclosure Rescue Corporation to provide emergency relief to refinance home mortgages of homeowners in foreclosure or default. 11/9/2007--Introduced. Family Foreclosure Rescue Corporation Act - Instructs the Secretary of the Treasury to establish the Family Foreclosure Rescue Corporation to acquire, via the sale of bonds, home mortgages and other obligations and liens secured by real estate which are currently in default or at foreseeable risk of default.
Also tagged in: Budgets, Business, Casualty insurance, Disaster insurance, Emergency management, Finance, Government lending, Governmental investigations, Home ownership, Housing, Insurance companies, Nonprofit organizations, Politics and government, Property insurance, Public contracts, Reinsurance, Risk, Securities, Social services, State and local government, State politics and government
Latest Action: 11/06/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextA bill to establish a National Catastrophic Risks Consortium and a National Homeowners' Insurance Stabilization Program, and for other purposes. 11/6/2007--Introduced. Homeowners' Defense Act of 2007 - Establishes the National Catastrophe Risk Consortium as a nonprofit, nonfederal entity to: (1) maintain an inventory of catastrophe risk obligations held by state reinsurance funds, and state residual insurance market entities; (2) issue, on a conduit basis, securities and other financial instruments linked to catastrophe risks insured or reinsured through Consortium members; and (3) act as a centralized repository of state risk information accessible by certain private-market participants. Instructs the Secretary of the Treasury to implement a national homeowners' insurance stabilization program to make liquidity loans and catastrophic loans to qualified reinsurance programs to: (1) ensure their solvency; (2) improve the availability and affordability of homeowners' [...] show full description
Also tagged in: Balance of payments, Budget deficits, Budget resolutions, Budgets, Congress, Congressional committees (House), Congressional committees (Senate), Congressional Record, Congressional reporting requirements, Congressional voting, Cost accounting, Economic growth, Economic impact statements, Economic policy, Entitlements, Executive departments, Expedited congressional procedure, Federal advisory bodies, Federal budget process, Federal budgets, Finance, Fiscal policy, Foreign investments, Government information, Government spending reductions, Gross national product, House Budget, House rules and procedure, International finance, Legislation, Legislative amendments, Legislative resolutions, Public debt, Public meetings, Saving and investment, Senate Budget, Senate rules and procedure, Taxation, Trade, Welfare
Latest Action: 06/24/2008 - Committee Hearings Held. Bill TextTo establish a commission to develop legislation designed to reform tax policy and entitlement benefit programs and ensure a sound fiscal future for the United States, and for other purposes. 9/25/2007--Introduced. Securing America's Future Economy Commission Act, or SAFE Commission Act - Establishes the Securing America's Future Economy (SAFE) Commission to develop legislation designed to address: (1) the unsustainable imbalance between long-term federal spending commitments and projected revenues; (2) increases in net national savings to provide for domestic investment and economic growth; (3) the implications of foreign ownership of federally issued debt instruments; and (4) revision of the budget process to place greater emphasis on long-term fiscal issues. Requires the Commission to: (1) develop one or two methods for estimating the cost of legislation as an alternative to the current Congressional Budget Office (CBO) method; and (2) hold at least one town-hall [...] show full description
|
