3.0.0 2002 2022-11-01T13:50:51Z 2022-11-01T13:50:51Z Senate S 2019-06-27 116 ssbu00 Budget Committee Senate Standing Referred to 2019-06-27T15:18:06Z 2019-06-27 ssbu00 Budget Committee Senate Read twice and referred to the Committee on the Budget. IntroReferral 2019-06-27 Introduced in Senate IntroReferral 10000 9 Library of Congress P000449 Sen. Portman, Rob [R-OH] Rob Portman R OH N B001261 Sen. Barrasso, John [R-WY] John Barrasso R WY 2019-06-27 True I000055 Sen. Isakson, Johnny [R-GA] Johnny Isakson R GA 2019-06-27 True C001047 Sen. Capito, Shelley Moore [R-WV] Shelley Capito R WV Moore 2019-06-27 True T000461 Sen. Toomey, Patrick [R-PA] Patrick Toomey R PA J. 2019-06-27 True Economics and Public Finance Budget deficits and national debt Budget process Executive agency funding and structure Legislative rules and procedure Presidents and presidential powers, Vice Presidents Senate Economics and Public Finance 00 2019-06-27 Introduced in Senate 2022-04-19T16:29:58Z Dollar-for-Dollar Deficit Reduction Act

The bill establishes a framework to require legislation that increases or suspends the public debt limit to include spending reductions that are equal to or greater than the projected increase in debt that will occur under the legislation. The bill allows the spending reductions to be phased in over a 10-year period.

]]> Dollar-for-Dollar Deficit Reduction Act Display Title Dollar-for-Dollar Deficit Reduction Act Short Title(s) as Introduced Dollar-for-Dollar Deficit Reduction Act Introduced in Senate IS Official Title as Introduced A bill to require that any debt limit increase or suspension be balanced by equal spending cuts over the next decade. Introduced in Senate IS Introduced in Senate 2019-06-27T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s2002is/xml/BILLS-116s2002is.xml 2019-06-27 Read twice and referred to the 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.