Bill > HR2857

This bill, titled the "Prioritize Emergency Job Creation Act," amends the Balanced Budget and Emergency Deficit Control Act of 1985, commonly known as the Gramm-Rudman-Hollings Act, which sets limits on government spending. Specifically, for fiscal years 2012 through 2021, if Congress and the President jointly designate certain appropriations for "discretionary accounts" (funds that Congress controls annually) as being for emergency job creation, then the total amount of these designated appropriations will be added as an adjustment to the overall discretionary spending limits for that fiscal year, effectively allowing for increased spending on these specific job creation initiatives without exceeding the established budget controls.