Bill

Bill > HR5211


US HR5211

US HR5211
Sustainable Budget Act of 2019


summary

Introduced
11/21/2019
In Committee
11/21/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To establish a national commission on fiscal responsibility and reform, and for other purposes. This bill establishes the National Commission on Fiscal Responsibility and Reform within the legislative branch to identify policies to improve the fiscal situation in the medium term and achieve fiscal sustainability over the long term. The commission must propose recommendations that (1) are designed to balance the budget, excluding interest payments on the debt, within 10 years; and (2) meaningfully improve the long-term fiscal outlook, including changes to address the growth of entitlement spending and the gap between projected federal revenues and expenditures. Congress must consider the commission's recommendations using specified expedited legislative procedures.

AI Summary

This bill establishes the National Commission on Fiscal Responsibility and Reform within the legislative branch to identify policies to improve the fiscal situation in the medium term and achieve fiscal sustainability over the long term. The commission must propose recommendations to balance the federal budget, excluding interest payments, within 10 years and meaningfully improve the long-term fiscal outlook, including addressing the growth of entitlement spending and the gap between projected federal revenues and expenditures. Congress must consider the commission's recommendations using expedited legislative procedures.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

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. (on 11/21/2019)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...