summary
Introduced
11/21/2019
11/21/2019
In Committee
11/21/2019
11/21/2019
Crossed Over
Passed
Dead
12/31/2020
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)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/house-bill/5211/all-info | 11/22/2019 |
| BillText | https://www.congress.gov/116/bills/hr5211/BILLS-116hr5211ih.pdf | 12/06/2019 |
| Bill | https://www.congress.gov/116/bills/hr5211/BILLS-116hr5211ih.pdf.pdf | 12/06/2019 |
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