Sustainable Budget Act of 2023
- Last Action
- 3/9/2023
Actions
- 2023-03-09Read twice and referred to the Committee on the Budget.
- 2023-03-09Introduced in Senate
CRS Summary
As of 2023-03-09 (00)
Sustainable Budget Act of 2023
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.
Cosponsors (4)
- Mike Rounds (R-SD)
- Kevin Cramer (R-ND)
- Mike Braun (R-IN)
- Joseph Manchin (D-WV)
Subjects
- Advisory bodies
- Budget deficits and national debt
- Budget process
- Congressional operations and organization
- Congressional oversight
- Government information and archives
- Government studies and investigations
- House of Representatives
- Legislative rules and procedure
- Presidents and presidential powers, Vice Presidents
- Senate
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.