Results for

This resolution recognizes that the national debt is a threat to national security and that deficits are unsustainable, irresponsible, and dangerous. It also commits to addressing the fiscal crisis faced by the United States.

This resolution recognizes that the national debt is a threat to national security and that deficits are unsustainable, irresponsible, and dangerous. It also commits to restoring regular order to the appropriations process and addressing the fiscal crisis faced by the United States.

This bill requires the President's annual budget submission to Congress to include estimates of the cost per individual taxpayer for (1) the public debt, and (2) any projected budget deficit for the fiscal year.

Sets forth the rule for consideration of the bill (H.R. 3877) to amend the Balanced Budget and Emergency Deficit Control Act of 1985, to establish a congressional budget for fiscal years 2020 and 2021, to temporarily suspend the debt limit, and for other purposes; providing for consideration of the bill (H.R. 549) to designate Venezuela under section 244 of the Immigration and Nationality Act to permit nationals of Venezuela to be eligible for temporary protected status under such section, and for other purposes; and waiving a requirement of clause 6(a) of rule XIII with respect to consideration of certain resolutions reported from the Committee on Rules.

Giveback Deficit Reduction Act This bill requires appropriations for Member's Representational Allowances for the House of Representatives that remain at the end of a fiscal year to be deposited in the Treasury and used for deficit or debt reduction. (The Member's Representational Allowance is the budget authorized for each Member of Congress in support of the conduct of official and representational duties.) The bill also specifies that the House Administration Committee has the authority to prescribe regulations to carry out this bill.

Know Debt Resolution This resolution directs the Clerk of the House of Representatives to place a real-time display of the gross national debt in the main hearing rooms of the House Appropriations Committee and the House Budget Committee.

Bipartisan Congressional Budget Reform Act This bill makes several modifications to the federal budget process, including the procedures for considering congressional budget resolutions and adjusting the debt limit. Among other modifications, the bill includes provisions that * require biennial congressional budget resolutions, instead of the annual budget resolutions required under current law; * retain the existing annual appropriations process; * require a budget resolution to specify a target for the ratio of the debt held by the public to the gross domestic product (GDP) for each year covered by the resolution; * require the debt-to-GDP target to be enforced using a reconciliation process that requires deficit reduction legislation to be considered using expedited legislative procedures; * allow a budget resolution to include the amount of tax expenditures; * provide for automatic adjustments of the debt limit and statutory discretionary spending limits to conform to the levels in the budget resolution; * modify the procedures for considering budget resolutions in the Senate; * allow budget resolutions that have bipartisan support and meet specified requirements to be considered in the Senate using expedited procedures; * modify and establish budget points of order that may be raised against legislation; * rename the Committee on the Budget of the Senate as the Committee on Fiscal Control and the Budget of the Senate; and * expand reporting requirements for congressional committees, the Office of Management and Budget, the Congressional Budget Office, and the Government Accountability Office.

This concurrent resolution establishes the congressional budget for the federal government for FY2020 and sets forth budgetary levels for FY2021-FY2024. The resolution recommends levels and amounts for FY2020-FY2024 for * federal revenues, * new budget authority, * budget outlays, * deficits, * public debt, * debt held by the public, and * the major functional categories of spending. It also recommends levels and amounts for FY2020-FY2024 in the Senate for Social Security and Postal Service discretionary administrative expenses. The resolution includes reconciliation instructions that direct five Senate committees to report and submit to the Senate Budget Committee legislation to reduce the deficit over FY2020-FY2024 by specified amounts. The committees include * the Senate Agriculture, Nutrition, and Forestry Committee; * the Senate Banking, Housing, and Urban Affairs Committee; * the Senate Finance Committee; * the Senate Health, Education, Labor, and Pensions Committee; and * the Senate Homeland Security and Governmental Affairs Committee. (Under the Congressional Budget Act of 1974, reconciliation bills are considered by Congress using expedited legislative procedures that prevent a filibuster and restrict amendments in the Senate.) The resolution establishes several deficit-neutral reserve funds that provide flexibility in applying budget enforcement rules to legislation addressing a wide range of specified issues across the federal budget. It also sets forth budget enforcement procedures for legislation considered in the Senate.

This bill establishes the congressional budget for the federal government for FY2020 and sets forth budgetary levels for FY2021-FY2029. The bill recommends levels and amounts for FY2020-FY2029 for * federal revenues, * new budget authority, * budget outlays, * deficits, * public debt, * debt held by the public, and * the major functional categories of spending. It also recommends levels and amounts for FY2020-FY2029 in the Senate for Social Security and Postal Service discretionary administrative expenses. The bill includes reconciliation instructions that direct several Senate committees to report and submit to the Senate Budget Committee legislation to reduce the deficit by specified amounts over FY2020-FY2029. The committees include * the Senate Agriculture, Nutrition, and Forestry Committee; * the Senate Armed Services Committee; * the Senate Banking, Housing, and Urban Affairs Committee; * the Senate Energy and Natural Resources Committee; * the Senate Health, Education, Labor, and Pensions Committee; * the Senate Homeland Security and Governmental Affairs Committee; and * the Senate Veterans Affairs Committee. The Senate Finance Committee must report and submit legislation to reduce the deficit and revenues by specified amounts over FY2020-FY2029. (Under the Congressional Budget Act of 1974, reconciliation bills are considered by Congress using expedited legislative procedures that prevent a filibuster and restrict amendments in the Senate.) The bill establishes reserve funds that provide flexibility in applying budget enforcement rules to legislation relating to (1) efficiencies, consolidations, and other savings; or (2) health savings accounts. It also sets forth budget enforcement procedures for legislation considered in the Senate.

This concurrent resolution establishes the congressional budget for the federal government for FY2020 and sets forth budgetary levels for FY2021-FY2029. The resolution recommends levels and amounts for FY2020-FY2029 for * federal revenues, * new budget authority, * budget outlays, * deficits, * public debt, * debt held by the public, and * the major functional categories of spending. It also recommends levels and amounts for FY2020-FY2029 in the Senate for Social Security and Postal Service discretionary administrative expenses. The resolution includes reconciliation instructions that direct several Senate committees to report and submit to the Senate Budget Committee legislation to reduce the deficit by specified amounts over FY2020-FY2029. The committees include * the Senate Agriculture, Nutrition, and Forestry Committee; * the Senate Armed Services Committee; * the Senate Banking, Housing, and Urban Affairs Committee; * the Senate Energy and Natural Resources Committee; * the Senate Health, Education, Labor, and Pensions Committee; * the Senate Homeland Security and Governmental Affairs Committee; and * the Senate Veterans Affairs Committee. The Senate Finance Committee must report and submit legislation to reduce the deficit and revenues by specified amounts over FY2020-2029. (Under the Congressional Budget Act of 1974, reconciliation bills are considered by Congress using expedited legislative procedures that prevent a filibuster and restrict amendments in the Senate.) The resolution establishes reserve funds that provide flexibility in applying budget enforcement rules to legislation relating to (1) efficiencies, consolidations, and other savings; or (2) health savings accounts. It also sets forth budget enforcement procedures for legislation considered in the Senate.

This resolution opposes raising the debt ceiling without significant fiscal and spending reforms that would put the United States on a path to a balanced budget.

This bill prohibits increases in Federal National Mortgage Association (Fannie Mae) and Federal Home Loan Mortgage Corporation (Freddie Mac) guarantee fees from being used in the Senate to determine the budgetary impact of legislation to evaluate budget points of order. Fannie Mae and Freddie Mac purchase mortgages and charge the fees to guarantee the payment of principal and interest. This bill prevents the fee increases from being used to offset provisions that increase the deficit in determining whether a budget point of order applies to legislation.

Give it Back to the Taxpayers Act This bill requires appropriations for Member's Representational Allowances for the House of Representatives that remain at the end of the fiscal year to be deposited in the Treasury and used for deficit or debt reduction. The Member's Representational Allowance is the budget authorized for each Member of Congress in support of the conduct of official and representational duties.

Relief From Sequestration Act of 2019 This bill eliminates the sequestration, or automatic spending cuts, scheduled to occur because the Joint Select Committee on Deficit Reduction failed to recommend legislation to reduce the deficit by $1.2 trillion over 10 years, as required by the Budget Control Act of 2011.

Bipartisan Budget and Appropriations Reform Act of 2019 This bill modifies the federal budget process to require biennial congressional budget resolutions, instead of the annual budget resolutions required under current law. The bill retains the existing annual process for budget reconciliation and appropriations bills. The bill also modifies the budget process to * allow budget resolutions that have bipartisan support, establish a target for the ratio of the public debt to the gross domestic product, and meet other specified requirements to be considered in the Senate using expedited procedures; * require the congressional budget committees to hold joint hearings to hear testimony from the Comptroller General regarding the audited financial statements of the executive branch and the financial position and condition of the federal government; * allow budget resolutions to include the total combined outlays and revenues for tax expenditures; and * require the chairmen and ranking members of the Senate Appropriations Committee and the Senate Finance Committee to serve on the Senate Budget Committee.

Constitutional Amendment This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for that fiscal year unless (1) Congress authorizes the excess by a three-fifths vote of each chamber, and (2) total outlays do not exceed a specified percentage of the estimated gross domestic product of the United States. The prohibition excludes outlays for repayment of debt principal and receipts derived from borrowing. The amendment requires a three-fifths vote of each chamber of Congress to increase revenue or increase the limit on the debt of the United States. The President must submit an annual budget in which total outlays do not exceed total receipts and that includes justifications and specified details regarding funding proposed for departments and agencies. Congress may waive the requirements due to a declaration of war, a military conflict, an event that causes an imminent and serious military threat to national security, or a natural disaster.

Constitutional Amendment This joint resolution proposes a constitutional amendment prohibiting total expenditures from exceeding total receipts for a fiscal year. The prohibition excludes expenditures for repayment of debt principal and receipts derived from borrowing. For a national emergency, two-thirds of each chamber of Congress may authorize expenditures that exceed receipts for limited times. Debts incurred from the expenditures must be paid as soon as practicable. The amendment requires a two-thirds roll call vote of each chamber of Congress to increase the public debt limit. It also requires the President to submit a balanced budget to Congress annually. If the President does not submit a balanced budget for a fiscal year, any executive actions may be unilaterally overturned by a simple majority vote of each of chamber of Congress until the President submits a balanced budget.

National Guard and Reservists Debt Relief Extension Act of 2019 This bill extends for an additional four years the exemption from the means test under Chapter 7 bankruptcy for qualifying members of an Armed Forces reserve component or the National Guard. Specifically, members who, after September 11, 2001, are called to active duty or to perform a homeland defense activity for not less than 90 days qualify for this exemption. Currently, the exemption expires on December 19, 2019.

This resolution recognizes that (1) deficits are unsustainable, irresponsible, and dangerous; (2) the implementation of Modern Monetary Theory will lead to higher deficits and higher inflation; and (3) it is the duty of the Senate to condemn the theory.

This resolution recognizes that (1) deficits are unsustainable, irresponsible, and dangerous; (2) the implementation of Modern Monetary Theory will lead to higher deficits and higher inflation; and (3) it is the duty of the House of Representatives to condemn the theory.