RESCUE Act
- Last Action
- 3/17/2021
Actions
- 2021-03-17Referred to the House Committee on the Budget.
- 2021-03-17Introduced in House
- 2021-03-17Introduced in House
CRS Summary
As of 2021-03-17 (00)
Responsible and Effective Spending Cuts of Undesirable Expenditures Act or the RESCUE Act
This bill temporarily modifies the requirements for the sequestration process (i.e., automatic spending reductions) that is used to enforce the Statutory Pay-As-You-Go Act of 2010 (Statutory PAYGO Act), which generally prohibits revenue or direct spending legislation from increasing the deficit.
With respect to the first sequestration order issued under the Statutory PAYGO Act after the enactment of this bill, the bill modifies the requirements to (1) require additional reductions to certain programs that were funded in the American Rescue Plan Act of 2021, including programs that are unrelated to the direct health care treatment and prevention of COVID-19 in the United States; and (2) exempt Medicare from the process.
Cosponsors (5)
- Jim Banks (R-IN)
- Ralph Norman (R-SC)
- Tracey Mann (R-KS)
- Thomas Tiffany (R-WI)
- Diana Harshbarger (R-TN)
Subjects
- Appropriations
- Budget deficits and national debt
- Budget process
- Cardiovascular and respiratory health
- Emergency medical services and trauma care
- Employee benefits and pensions
- Foreign aid and international relief
- Infectious and parasitic diseases
- International organizations and cooperation
- Medicare
- Multilateral development programs
- State and local finance
- State and local government operations
- United Nations
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.