Top Legislation - View All
Also tagged in: Balanced budgets, Budget deficits, Budget surpluses, Budgets, Congress, Constitution, Constitutional amendments, Debt limit, Federal budget process, Government trust funds, House rules and procedure, Legislation, Old age, survivors and disability insurance, Record votes, Senate rules and procedure, Social security, Social security finance, Tax rates, Taxation
Latest Action: 01/04/2007 - Sponsor introductory remarks on measure. (CR S186-187) Bill TextA joint resolution proposing an amendment to the Constitution of the United States relative to require a balanced budget and protect Social Security surpluses. 1/4/2007--Introduced. Constitutional Amendment - Prohibits outlays for a fiscal year (except those for repayment of debt principal) from exceeding total receipts (except those derived from borrowing) for that fiscal year unless the Congress, by a three-fifths roll call vote of each House, authorizes a specific excess of outlays over receipts. Bars any surplus of receipts (including interest) over outlays of the Federal Old-Age and Survivors Insurance and the Federal Disability Insurance Trust Funds from being counted for purposes of this article. Requires any deficit of receipts (including interest) relative to outlays of such trust funds to be counted and to be completely offset by a surplus of all other receipts over all other outlays. Requires a three-fifths roll call vote of each House to increase [...] show full description
Also tagged in: Actions and defenses, Administrative fees, Administrative procedure, Agricultural subsidies, Agricultural wastes, Agriculture, Air conditioning, Air pollution, Air pollution control, Alaska, Alcohol as fuel, Alternative energy sources, Antitrust law, Automobile engines, Automobile tires, Automobiles, Balanced budgets, Biological research, Biomass energy, Budgets, Building construction, Business, Capitol (Washington, D.C.), Carbon cycle, Carbon dioxide, Cartels, Cellulose, China, Climate change, Cogeneration of electric power and heat, Compensation (Law), Congress, Congressional reporting requirements, Consumer education, Consumer protection, Consumers, Cost effectiveness, Data banks, Department of Commerce, Department of Energy, Department of Transportation, Depreciation and amortization, Diesel motor, East Asia, Education, Electric batteries, Electric power plants, Electric power transmission, Electric utilities, Electric vehicles, Elementary and secondary education, Emergency management, Energy, Energy conservation, Energy conservation in buildings, Energy crops, Energy efficiency, Energy facilities, Energy prices, Energy research, Energy security, Energy storage, Energy supplies, Energy transportation, Environmental protection, Environmental Protection Agency, Environmental research, Executive departments, Executive Office of the President, Executive reorganization, Federal advisory bodies, Federal aid to Indians, Federal aid to research, Federal office buildings, Federal officials, Federally-guaranteed loans, Fees, Fines (Penalties), Foreign policy, Fossil fuels, Fuel consumption, Gas in submerged lands, Gas industry, General Services Administration, Geology, Geophysical prediction, Geothermal resources, Government employees, Government information, Government liability (International law), Government paperwork, Government publicity, Government spending reductions, Government trust funds, Governmental investigations, Green products, Greenhouse gases, Gulf of Mexico, Heat pumps, Hydroelectric power, Income tax, India, Indians, Infrastructure, Infrastructure (Economics), Injunctions, International affairs, International competitiveness, Labeling, Law, Legislation, Liability for nuclear damages, Licenses, Lighting, Marine resources, Marine resources conservation, Market manipulation, Methane, Minorities, Motor vehicle pollution control, Motor vehicle safety, Natural gas, Natural resources, Nuclear energy, Ocean energy resources, Oil and gas leases, Oil and gas royalties, Oils and fats, Petroleum, Petroleum in submerged lands, Petroleum industry, Pipelines, Price fixing, Profit, Prospecting, Public contracts, Railroad freight operations, Reformulated gasoline, Refuse as fuel, Research and development, Research and development facilities, Research centers, Research grants, Restrictive trade practices, School buildings, School health programs, Science policy, Solar energy, Solid wastes, South Asia, Standards, Subsidies, Tax credits, Tax deductions, Taxation, Technological innovations, Technology, Trade, Transportation, Trucks, Water resources, Western Hemisphere, Wind power
Latest Action: 12/19/2007 - Became Public Law No: 110-140. Bill TextAn Act to move the United States toward greater energy independence and security, to increase the production of clean renewable fuels, to protect consumers, to increase the efficiency of products, buildings, and vehicles, to promote research on and deploy greenhouse gas capture and storage options, and to improve the energy performance of the Federal Government, and for other purposes. 12/19/2007--Public Law. (There are 3 other summaries) Energy Independence and Security Act of 2007 – Title I: Energy Security Through Improved Vehicle Fuel Economy - Subtitle A: Increased Corporate Average Fuel Economy Standards - Ten-in-Ten Fuel Economy Act - (Sec. 102) Amends federal transportation law to instruct the Secretary of Transportation (Secretary in this title) to prescribe separate average fuel economy standards for passenger and for non-passenger automobiles for model years 2011-2030. Repeals the current requirement that the average fuel economy [...] show full description
Also tagged in: Budgets, Business, Congress, Congressional agencies, Congressional Budget Office, Congressional joint committees, Congressional reporting requirements, Economic forecasting, Economic impact statements, Economic policy, Economic research, Economic statistics, Fiscal policy, Income tax, Joint Taxation, Legislation, Public contracts, Taxation
Latest Action: 01/09/2007 - Star Print ordered on the bill. Bill TextA bill to require the Congressional Budget Office and the Joint Committee on Taxation to use dynamic economic modeling in addition to static economic modeling in the preparation of budgetary estimates of proposed changes in Federal revenue law. 1/4/2007--Introduced. Expresses the sense of Congress that it is necessary to ensure that Congress is presented with reliable information from the Congressional Budget Office (CBO) and the Joint Committee on Taxation as to the dynamic macroeconomic feedback effects to changes in federal law and the probable behavioral responses of taxpayers, businesses, and other parties to such changes. Requires the Joint Committee and CBO, using among other methods dynamic estimating techniques, to prepare fiscal estimates of each proposed change in federal revenue law on the basis of assumptions that estimate the probable behavioral responses of personal and business taxpayers and other relevant entities to such change and its dynamic macroeconomic [...] show full description
Also tagged in: Balanced budgets, Budget deficits, Budgets, Congress, Congressional voting, Constitution, Constitutional amendments, Debt limit, Income tax, Legislation, Politics and government, Record votes, Tax rates, Taxation
Latest Action: 02/02/2007 - Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties. Bill TextProposing a balanced budget amendment to the Constitution of the United States. 1/4/2007--Introduced. Constitutional Amendment - Prohibits outlays for a fiscal year (except those for repayment of debt principal) from exceeding total receipts for that fiscal year (except those derived from borrowing) unless Congress, by a three-fifths rollcall vote of each chamber, authorizes a specific excess of outlays over receipts. Requires a three-fifths rollcall vote of each chamber to increase the public debt limit. Directs the President to submit a balanced budget to Congress annually. Prohibits any bill to increase revenue from becoming law unless approved by a majority of each chamber by rollcall vote. Authorizes waivers of these provisions when a declaration of war is in effect or under other specified circumstances involving military conflict.
Also tagged in: Balanced budgets, Budget deficits, Budgets, Congress, Congressional budget, Congressional voting, Constitution, Constitutional amendments, Debt limit, Income tax, Legislation, Politics and government, Record votes, Tax rates, Taxation
Latest Action: 02/02/2007 - Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties. Bill TextProposing a balanced budget amendment to the Constitution of the United States. 1/4/2007--Introduced. Constitutional Amendment - Prohibits outlays for a fiscal year (except those for repayment of debt principal) from exceeding total receipts for that fiscal year (except those derived from borrowing) unless Congress, by a three-fifths rollcall vote of each chamber, authorizes a specific excess of outlays over receipts. Requires a three-fifths rollcall vote of each chamber to increase the public debt limit. Directs the President to submit a balanced budget to Congress annually. Prohibits any bill to increase revenue from becoming law unless approved by a majority of each chamber by rollcall vote. Authorizes waivers of these provisions when a declaration of war is in effect or under other specified circumstances involving military conflict.
Also tagged in: Balanced budgets, Budget deficits, Budgets, Congress, Congressional budget, Congressional voting, Constitution, Constitutional amendments, Debt limit, Income tax, Legislation, Legislative resolutions, Politics and government, Record votes, Tax rates, Taxation
Latest Action: 01/05/2007 - Referred to the House Committee on the Judiciary. Bill TextProposing an amendment to the Constitution to provide for a balanced budget for the United States Government and for greater accountability in the enactment of tax legislation. 1/5/2007--Introduced. Constitutional Amendment - Requires Congress and the President, before each fiscal year, to agree on an estimate of total receipts for that fiscal year by enactment into law of a joint resolution devoted solely to that subject. Prohibits outlays for such fiscal year (except those for repayment of debt principal) from exceeding such estimated receipts for that fiscal year (except those derived from borrowing) unless Congress, by a three-fifths rollcall vote of each chamber, authorizes a specific excess of outlays over estimated receipts. Provides that whenever actual outlays exceed actual receipts for any fiscal year, Congress shall, in the ensuing fiscal year, provide by law for the repayment of such excess. Requires a three-fifths rollcall vote of each chamber to increase [...] show full description
Also tagged in: Afghanistan, Appropriations, Budget resolutions, Budgets, Congress, Continuing resolutions, Foreign policy, Foreign service, Insurgency, Iraq, Iraq compilation, Middle East and North Africa, Politics and government, South Asia
Latest Action: 02/15/2007 - Presented to President. Bill TextMaking further continuing appropriations for the fiscal year 2007, and for other purposes. 2/15/2007--Public Law. (There are 3 other summaries) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) Revised Continuing Appropriations Resolution, 2007 - (Sec. 2) Amends the Continuing Appropriations Resolution, 2007 (Public Law 109-289, division B), as amended by Public Laws 109-369 and 109-383, to extend specified continuing appropriations through FY2007. Division B: Continuing Appropriations Resolution, 2007 - Title I: Full-Year Continuing Appropriations - (Sec. 101) Appropriates amounts at specified levels for continuing operations, projects, or activities, conducted in FY2006, for which appropriations, funds, or other authority would be made available in: (1) the Agriculture, Rural Development, Food and Drug Administration, and Related Agencies [...] show full description
Also tagged in: Balanced budgets, Budget deficits, Budgets, Congress, Congressional voting, Constitution, Constitutional amendments, Debt limit, Disaster relief, Emergency management, Income tax, Legislation, Off-budget expenditures, Politics and government, Record votes, Tax rates, Taxation
Latest Action: 03/01/2007 - Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties. Bill TextProposing a balanced budget amendment to the Constitution of the United States. 1/31/2007--Introduced. Constitutional Amendment - Prohibits outlays for a fiscal year (except those for repayment of debt principal) from exceeding total receipts for that fiscal year (except those derived from borrowing) unless Congress, by a three-fifths rollcall vote of each chamber, authorizes a specific excess of outlays over receipts. Requires a three-fifths rollcall vote of each chamber to increase the public debt limit. Directs the President to submit a balanced budget to Congress annually. Prohibits any bill to increase revenue from becoming law unless approved by a majority of each chamber by rollcall vote. Authorizes waivers of these provisions when a declaration of war is in effect or under other specified circumstances involving military conflict. Requires Congress, by appropriate legislation, to provide that outlays for natural disasters do not count as outlays [...] show full description
Also tagged in: Balanced budgets, Budget deficits, Budgets, Congress, Congressional voting, Constitution, Constitutional amendments, Government trust funds, Old age, survivors and disability insurance, Politics and government, Record votes, Social security
Latest Action: 06/25/2007 - Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties. Bill TextProposing a balanced budget amendment to the Constitution of the United States. 6/12/2007--Introduced. Constitutional Amendment - Prohibits outlays for a fiscal year (except those for repayment of debt principal) from exceeding total receipts for that fiscal year (except those derived from borrowing) unless Congress, by a three-fifths rollcall vote of each chamber, authorizes a specific excess of outlays over receipts. Directs the President to submit a balanced budget to Congress annually. Authorizes waivers of these provisions when a declaration of war is in effect or under other specified circumstances involving military conflict. Requires the appropriate congressional committees to report implementing legislation to achieve a balanced budget without reducing the disbursements of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund to achieve that goal.
Also tagged in: Appropriations, Authorization, Budget deficits, Budget reconciliation, Budget resolutions, Budget surpluses, Budgets, Business, Campaign funds, Conflict of interests, Congress, Congressional committees (House), Congressional conference committees, Congressional employees, Congressional ethics, Congressional officers, Congressional publicity, Congressional Record, Congressional reporting requirements, Congressional travel, Congressional voting, Counterterrorism, Criminal justice, Cytology, Depositions, Drug industry, Drugs, Elections, Employee selection, Employee training, Ex-Members of Congress, Executive departments, Executive Office of the President, Exercise, Expedited congressional procedure, Families, Federal aid programs, Federally-guaranteed loans, Genetic research, Gifts, Government and business, Government employees, Government information, Government lending, Government spending reductions, Grants-in-aid, Health policy, House Armed Services, House Education and Labor, House Foreign Affairs, House Natural Resources, House of Representatives, House Oversight and Government Reform, House Rules, House rules and procedure, House Science and Technology, House Transportation and Infrastructure, Human embryology, Income tax, Intelligence activities, Intelligence officers, Job training, Labor, Law, Legislation, Legislative amendments, Legislative resolutions, Lobbying, Married people, Medical care, Medical research, Medicine, Members of Congress, Minimum wages, Names, Politics and government, Prescription pricing, Private aviation, Public contracts, Record votes, Recreation, Science policy, September 11, 2001, Sports, Sports facilities, Tariff preferences, Tax credits, Tax deductions, Tax exclusion, Tax incentives, Tax preferences, Taxation, Terrorism, Trade, Transportation, Travel costs, Valuation
Latest Action: 01/05/2007 - Considered as unfinished business. Bill TextAdopting the Rules of the House of Representatives for the One Hundred Tenth Congress. 1/5/2007--Passed House without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) Title I: Adoption of Rules of One Hundred Ninth Congress - (Sec. 101) Adopts the Rules of the House of Representatives for the 109th Congress as the Rules for the 110th Congress, with amendments. Title II: Ethics - (Sec. 202) Amends Rule XXIII (Code of Official Conduct) to prohibit Members, with the intent to influence on the basis of partisan political affiliation an employment decision or practice of private entities, from: (1) taking or withholding, or offering or threatening to to take or withhold, an official act; or (2) influencing, or offering or threatening to influence, the official act of another. (Sec. 203) Amends Rule [...] show full description
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Latest Legislation - View All
Also tagged in: Afghanistan, Agricultural assistance, Agriculture, Air force, Ammunition, Armed forces, Armed forces abroad, Armed forces reserves, Arms control, Arms control negotiations, Army, Brain, Budgets, Business, Central Asia, Civil liberties, Congress, Congress and military policy, Congressional oversight, Congressional reporting requirements, Criminal investigation, Criminal justice, Defense budgets, Defense economics, Defense industries, Defense policy, Defense procurement, Department of Agriculture, Department of Defense, Department of Justice, Department of State, Disaster relief, Drug abuse, Drug Enforcement Administration (DEA), Drug law enforcement, East Asia, Economic assistance, Embassies, Emergency management, Energy, Executive departments, Explosives, Federal Bureau of Investigation (FBI), Federal law enforcement officers, Food, Food relief, Foreign aid, Foreign policy, Government employees, Government trust funds, Head injuries, Health policy, Housing, Human rights, Immigration, Inspectors general, Intelligence activities, International affairs, International agencies, International relief, Iraq, Iraq compilation, Job training, Kazakhstan, Kyrgyzstan, Marines, Medical care, Medical research, Medicine, Mental health services, Middle East and North Africa, Military aircraft, Military and naval supplies, Military assistance, Military bases, Military construction operations, Military housing, Military medicine, Military occupation, Military operations, Military personnel, Military research, Military sealift, Military training, Mines (Ordnance), Minesweeping, National Guard, Navy, North Korea, Nuclear nonproliferation, Off-budget expenditures, Ordnance, Pakistan, Peacekeeping forces, Petroleum, Politics and government, Prisons, Protection of officials, Public contracts, Public prosecutors, Refugees, Reprogramming of appropriated funds, Rescission of appropriated funds, Research and development, Salaries, Science policy, Security measures, Shipbuilding, South Asia, Supplemental appropriations, Tajikistan, Tanks (Combat vehicles), Terrorism, Torture, Treaties, Turkmenistan, U.S. Agency for International Development, War casualties, War relief, Warships, Weapons systems
Latest Action: 05/13/2008 - Referred to the Committee on Appropriations, and in addition to the Committee on the Budget, 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 conc Bill TextMaking emergency supplemental appropriations for the fiscal year ending September 30, 2008, and for other purposes. 5/13/2008--Introduced. Clean Global War on Terror Supplemental Appropriations Act, 2008 - Makes emergency supplemental FY2008 appropriations for specified activities related to the war on terror, international affairs, and national defense matters to the Departments of Agriculture (including food relief to certain foreign countries), of Justice, of Defense (military, including funds for Afghan and Iraqi security forces), of Defense (military construction), and of State (including international peacekeeping activities). Rescinds certain funds made available in: (1) the U.S. Troop Readiness, Veterans' Care, Katrina Recovery, and Iraq Accountability Appropriations Act, 2007 for the Defense Health Program; and (2) the Consolidated Appropriations Act, 2008 for the Joint Improvised Explosive Device Defeat Fund. Makes additional supplemental appropriations [...] show full description
Latest Action: 06/03/2008 - Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties. Bill TextProposing an amendment to the Constitution of the United States to control spending. 4/30/2008--Introduced. Constitutional Amendment - Prohibits outlays for any fiscal year (except for repayment of debt principal) from exceeding an amount that would cause outlays to have increased by a rate that exceeds growth in the U.S. economy over the period since 2007, unless Congress, by a two-thirds roll call vote of each chamber, authorizes a specific increase of outlays above this amount. Directs the President, before each fiscal year, to transmit to Congress a proposed budget for such fiscal year and all ensuing fiscal years covered by it, in which total outlays do not exceed the outlays from the previous year after taking into account an increase to reflect such average growth. Authorizes a waiver of these provisions when a declaration of war is in effect.
Also tagged in: Budgets, Congress, Congressional reporting requirements, Emergency management, Employee training, Fire fighters, Fire prevention, Forest fires, Government contractors, Job training, Labor, Medical care, Medicine, National forests, Natural resources, Occupational health and safety, Public contracts, Public lands
Latest Action: 04/25/2008 - Referred to the Subcommittee on Department Operations, Oversight, Nutrition and Forestry. Bill TextTo promote wildland firefighter safety. 12/18/2007--Introduced. Wildland Fire Safety and Transparency Act of 2007 - Directs the Secretary of the Interior, acting through the Directors of the Bureau of Land Management (BLM), U.S. Fish and Wildlife Service (FWS), and the Bureau of Indian Affairs (BIA), and the Secretary of Agriculture, acting through the Chief of the Forest Service, (the Secretaries) to jointly submit annual reports to Congress on the wildland firefighter safety practices of the Secretaries, including training programs and activities for wildland fire suppression, prescribed burning, and wildland fire use.
Also tagged in: Auditing, Budget deficits, Budget resolutions, Budget surpluses, Budgets, Congress, Congressional reporting requirements, Congressional voting, Executive departments, Executive reorganization, Federal officials, Government employees, Government trust funds, House rules and procedure, Investment of public funds, Legislation, Legislative amendments, Legislative resolutions, Old age, survivors and disability insurance, Senate rules and procedure, Social security, Social security finance, Taxation
Latest Action: 12/13/2007 - Referred to the Committee on Ways and Means, and in addition to the Committees on the Budget, and 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 co Bill TextTo provide for investment and protection of the Social Security surplus. 12/13/2007--Introduced. Social Security Surplus Protection Act of 2007 - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to direct the Managing Trustee to ensure that amounts in either the Federal Old-Age and Survivors Insurance Trust Fund or the Federal Disability Insurance Trust Fund (Social Security Trust Funds) equivalent to the annual surplus for such Fund for any calendar year are made available to the Social Security Surplus Investment Board (SSSIB) on a timely basis for purposes of investment. Requires the Managing Trustee also to ensure that Trust Fund assets are available for payment of benefits. Establishes the SSSIB in the executive branch to provide for the investment of such amounts. Amends the Congressional Budget Act of 1974 to make it out of order in the House of Representatives or the Senate to consider any concurrent resolution [...] show full description
Also tagged in: Balanced budgets, Budget deficits, Budgets, Congress, Congressional voting, Constitution, Constitutional amendments, Debt limit, Income tax, Legislation, Politics and government, Record votes, Tax rates, Taxation
Latest Action: 11/13/2007 - Read twice and referred to the Committee on the Judiciary. Bill TextA joint resolution proposing a balanced budget amendment to the Constitution of the United States. 11/13/2007--Introduced. Constitutional Amendment - Prohibits outlays for a fiscal year (except those for repayment of debt principal) from exceeding total receipts for that fiscal year (except those derived from borrowing) unless Congress, by a two-thirds rollcall vote of each chamber, authorizes a specific excess of outlays over receipts. Requires a two-thirds rollcall vote of each chamber to increase the public debt limit. Directs the President to submit a balanced budget to Congress annually. Requires a two-thirds rollcall vote of each chamber for final adoption of any bill to increase the internal revenue. Authorizes waivers of these provisions when a declaration of war is in effect or under other specified circumstances involving military conflict.
Also tagged in: Budgets, Congress, Congressional budget, Congressional committees (House), Congressional information resources, Congressional publicity, Expedited congressional procedure, Government information, Government spending reductions, House Budget, House of Representatives, House Rules, House rules and procedure, Legislation, Rescission of appropriated funds
Latest Action: 10/25/2007 - Referred to the House Committee on Rules. Bill TextAmending the Rules of the House of Representatives to require that rescission bills always be considered under open rules every year, and for other purposes. 10/25/2007--Introduced. Cut the Unnecessary Tab Resolution, or CUT Resolution - Amends Rule XIII (Calendars and Committee Reports) of the Rules of the House of Representatives to prohibit the Committee on Rules from reporting a rule or order that would limit any amendment that would otherwise be in order to a rescission bill. Amends Rule X (Organization of Committees) to require the House Budget Committee, whenever a rescission bill passes the House, to reduce the applicable committee allocations by the total amount of resulting reductions in budget authority and outlays. Amends Rule XIII to require the Majority Leader to introduce a rescission bill by certain dates in each session. Makes any motion to discharge the committee from consideration of such a bill privileged 10 legislative days after its introduction,[...] show full description
Also tagged in: Accounting, Aged, Armed forces, Black lung, Budgets, Civil service retirement, Coal, Coal mines and mining, Congress, Congressional investigations, Congressional reporting requirements, Defense policy, Demography, Energy, Finance, Financial statements, Government employees, Government trust funds, Health policy, Insurance premiums, Labor, Medical care, Medical economics, Medicare, Medicine, Military pensions, Miners, Old age, survivors and disability insurance, Pensions, Public debt, Railroad retirement plans, Social security, Social security taxes, Transportation, Valuation, Workers' compensation
Latest Action: 11/14/2007 - Referred to the Subcommittee on Government Management, Organization, and Procurement. Bill TextTo amend title 31, United States Code, to require certain additional calculations to be included in the annual financial statement submitted under section 331(e) of that title, and for other purposes. 10/24/2007--Introduced. Truth in Accounting Act of 2007 - Requires the Secretary of the Treasury to include in the audited financial statement of executive branch accounts of the previous year a calculation of the net present value of the overall fiscal exposures of the U.S. government. Requires such financial statement to include a program-by-program calculation of: (1) the generational imbalance; (2) the fiscal imbalance; and (3) the total amount of the fiscal imbalance plus the public debt. Instructs the President, in preparing the federal budget, to take this financial statement into consideration, including the effect of the overall budget upon: (1) the generational imbalance calculation and the fiscal imbalance calculation; and (2) the net present value of [...] show full description
Also tagged in: Balanced budgets, Budget deficits, Budgets, Congress, Congressional voting, Constitution, Constitutional amendments, Economic policy, Government spending reductions, Gross national product, Legislative resolutions
Latest Action: 10/01/2007 - Read twice and referred to the Committee on the Judiciary. Bill TextA joint resolution proposing an amendment to the Constitution of the United States relative to Proposing an amendment to the Constitution of the United States which requires (except during time of war and subject to suspension by Congress) that the total amount of money expended by the United States during any fiscal year not exceed the amount of certain revenue received by the United States during such fiscal year and not exceed 20 per centum of the gross national product of the United States during the previous calendar year. 10/1/2007--Introduced. Constitutional Amendment - Prohibits, except in time of a congressionally declared war, federal fiscal year expenditures from exceeding: (1) federal revenues for that fiscal year, except revenue received from the issuance of bonds, notes, or other obligations of the United States; and (2) 20% of the gross national product for the preceding calendar year. Authorizes suspension of these prohibitions by concurrent resolution approved [...] show full description
Also tagged in: Aged, Budgets, Congress, Expedited congressional procedure, Federal advisory bodies, Health policy, Legislation, Medical care, Medicare, Old age, survivors and disability insurance, Social security, Social security finance
Latest Action: 09/25/2007 - 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 Bipartisan Task Force for Responsible Fiscal Action, to assure the economic security of the United States, and to expand future prosperity and growth for all Americans. 9/25/2007--Introduced. Bipartisan Task Force for Responsible Fiscal Action Act of 2007 - Amends the Congressional Budget Act of 1974 to establish the Bipartisan Task Force for Responsible Fiscal Action to address, and report to the President and Congress on, the nation's long-term fiscal imbalances, including those attributable to the Medicare and Social Security programs and the gap between their projected revenues and expenditures. Provides for expedited legislative consideration of Task Force recommendations.
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, Finance, Fiscal policy, Foreign investments, Government information, Government securities, 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
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