3.0.0 4060 2022-03-01T05:34:22Z 2022-03-01T05:34:22Z House H HR 2012-02-16 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. FLEISCHMANN:H.R. 4060.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, clause 1 & 18.[Page H902]]]> hsbu00 Budget Committee House Standing Referred to 2012-02-16T15:00:28Z 2012-02-16 Referred to the House Committee on the Budget. IntroReferral H11100 2 House floor actions hsbu00 Budget Committee 2012-02-16 Introduced in House IntroReferral Intro-H 9 Library of Congress 2012-02-16 Introduced in House IntroReferral 1000 9 Library of Congress F000459 Rep. Fleischmann, Charles J. "Chuck" [R-TN-3] Charles Fleischmann R TN J. "Chuck" 3 N B001243 Rep. Blackburn, Marsha [R-TN-7] Marsha Blackburn R TN 7 2012-02-28 False D000533 Rep. Duncan, John J., Jr. [R-TN-2] JOHN DUNCAN R TN J. 2 2012-02-28 False H001052 Rep. Harris, Andy [R-MD-1] Andy Harris R MD 1 2012-02-28 False A000369 Rep. Amodei, Mark E. [R-NV-2] Mark Amodei R NV E. 2 2012-02-28 False F000448 Rep. Franks, Trent [R-AZ-2] Trent Franks R AZ 2 2012-03-01 False W000811 Rep. Walsh, Joe [R-IL-8] Joe Walsh R IL 8 2012-03-01 False G000552 Rep. Gohmert, Louie [R-TX-1] Louie Gohmert R TX 1 2012-03-01 False R000593 Rep. Ross, Dennis A. [R-FL-12] Dennis Ross R FL A. 12 2012-03-01 False G000566 Rep. Gowdy, Trey [R-SC-4] Trey Gowdy R SC 4 2012-03-01 False L000564 Rep. Lamborn, Doug [R-CO-5] Doug Lamborn R CO 5 2012-03-20 False S001189 Rep. Scott, Austin [R-GA-8] Austin Scott R GA 8 2012-04-24 False Economics and Public Finance Appropriations Budget deficits and national debt Budget process Medicare Economics and Public Finance 00 2012-02-16 Introduced in House 2012-05-02T21:55:08Z Freeze Government Spending Act of 2012 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to establish discretionary spending limits (spending caps) at the same specified level for each of FY2013-FY2021.

Requires the Office of Management and Budget (OMB), on January 2, 2013, for FY2013, and in its sequestration preview reports for FY2014-FY2021, to state: (1) the net amount of reduction in nonexempt direct spending accounts as $18.333 billion for each of FY2013-FY2020 and $18.336 billion for FY2021; and (2) the sequestration percentage necessary to achieve that reduction in nonexempt direct spending accounts for the applicable fiscal year.

Requires OMB, on such date during each applicable year, to prepare and the President to issue a sequestration order of nonexempt direct spending to achieve such direct spending reduction.

Requires: (1) the percentage reduction for the Medicare programs specified in the Gramm-Rudman-Hollings Act to be not more than 2% for a fiscal year; and (2) if the reduction would exceed 2% in the absence of such requirement, OMB to increase the reduction for all other direct spending by a uniform percentage to a level sufficient to achieve the required reduction in nonexempt direct spending.

Requires OMB to report to Congress on information about the calculations required under this Act, a listing of the reductions required for each nonexempt direct spending account, and any other data and explanations that enhance public understanding of this Act and actions taken under it.

]]> Freeze Government Spending Act of 2012 Short Titles as Introduced Freeze Government Spending Act of 2012 Official Title as Introduced To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to cap the level of Federal spending at $949 billion for each of fiscal years 2013 through 2021, and for other purposes. Display Title Freeze Government Spending Act of 2012 Introduced in House 2012-02-16T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr4060ih/xml/BILLS-112hr4060ih.xml 2012-02-16 Referred to the House Committee on the Budget. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.