3.0.0 3 2023-01-11T13:20:44Z 2023-01-11T13:20:44Z Senate S S 2011-01-25 112 ssfi00 Finance Committee Senate Standing Referred to 2011-01-25T21:42:22Z 2011-01-25 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S128) IntroReferral 2011-01-25 Introduced in Senate IntroReferral 10000 9 Library of Congress R000146 Sen. Reid, Harry [D-NV] HARRY REID D NV M. N D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. 2011-01-25 True F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA 2011-01-25 True B000944 Sen. Brown, Sherrod [D-OH] Sherrod Brown D OH 2011-01-25 True K000148 Sen. Kerry, John F. [D-MA] JOHN KERRY D MA FORBES 2011-01-25 True B001267 Sen. Bennet, Michael F. [D-CO] Michael Bennet D CO 2011-01-25 True G000555 Sen. Gillibrand, Kirsten E. [D-NY] Kirsten Gillibrand D NY E. 2011-01-25 True C001088 Sen. Coons, Christopher A. [D-DE] Christopher Coons D DE A. 2011-01-25 True B000711 Sen. Boxer, Barbara [D-CA] BARBARA BOXER D CA 2011-01-25 True S001181 Sen. Shaheen, Jeanne [D-NH] Jeanne Shaheen D NH 2011-01-25 True J000177 Sen. Johnson, Tim [D-SD] TIM JOHNSON D SD 2011-03-02 False Economics and Public Finance Budget deficits and national debt Competitiveness, trade promotion, trade deficits Executive agency funding and structure Income tax rates Social security and elderly assistance Tax reform and tax simplification Economics and Public Finance

00 2011-01-25 Introduced in Senate 2011-03-17T21:47:03Z Fiscal Responsibility and Spending Control Act - Expresses the sense of the Senate that Congress should: (1) address the rising national debt and long-term fiscal challenges through a bipartisan agreement that significantly corrects our nation's long-term fiscal imbalances, closes the gap between projected revenues and expenditures, ensures U.S. economic security, and enhances future prosperity and growth; (2) reduce the deficit and stabilize the national debt without damaging the economic recovery; (3) consider deficit reduction proposals by leading budget experts and establish a plan that can attract broad bipartisan support; (4) ensure that any plan to address long-term fiscal problems is balanced and provides fundamental reform of the federal tax code along with prudent controls on spending; (5) eliminate tax expenditures that only serve special interests and take aggressive measures to close the tax gap and stop cheating; (6) ensure that the tax code fairly distributes the tax burden and helps American businesses compete in the global marketplace; (7) extend the solvency of Social Security and ensure that no savings are used to meet deficit reduction goals in the remainder of the budget; (8) achieve savings through the elimination or consolidation of duplicative programs and activities while modernizing government procurement practices to reduce waste and leverage better value; and (9) reject efforts to exempt tax breaks for millionaires and special interests from strong pay-as-you-go budgetary rules.

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Display Title Official Title as Introduced Introduced in Senate IS Short Titles as Introduced Introduced in Senate 2011-01-25T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112s3is/xml/BILLS-112s3is.xml 2011-01-25 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S128) 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.