3.0.0 2245 2022-11-01T13:50:25Z 2022-11-01T13:50:25Z Senate S 2019-07-24 116 ssbu00 Budget Committee Senate Standing Referred to 2019-07-24T15:42:36Z Maximizing America’s Prosperity Act of 2019 116 3930 HR 2019-07-24 Referred to the Committee on the Budget, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. Identical bill CRS 2019-07-24 ssbu00 Budget Committee Senate Read twice and referred to the Committee on the Budget. IntroReferral 2019-07-24 Introduced in Senate IntroReferral 10000 9 Library of Congress B001310 Sen. Braun, Mike [R-IN] Mike Braun R IN N Y000064 Sen. Young, Todd [R-IN] Todd Young R IN C. 2019-07-24 True B001243 Sen. Blackburn, Marsha [R-TN] Marsha Blackburn R TN 2019-07-30 False Economics and Public Finance Appropriations Budget deficits and national debt Budget process Economic performance and conditions Economics and Public Finance 00 2019-07-24 Introduced in Senate 2021-04-19T16:46:05Z Maximizing America's Prosperity Act of 2019

This bill establishes annual spending limits that are equal to specified percentages of potential gross domestic product (GDP). Potential GDP generally refers to the GDP that would occur if the economy were at full employment without inflation. The spending limits apply to all budget authority and outlays of the federal government excluding net interest.

]]> Maximizing America’s Prosperity Act of 2019 Display Title Maximizing America’s Prosperity Act of 2019 Short Title(s) as Introduced Maximizing America’s Prosperity Act of 2019 Introduced in Senate IS Official Title as Introduced A bill to cap noninterest Federal spending as a percentage of potential GDP to right-size the Government, grow the economy, and balance the budget. Introduced in Senate IS Introduced in Senate 2019-07-24T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s2245is/xml/BILLS-116s2245is.xml 2019-07-24 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.