Search Results: keywords:"balanced budget and emergency deficit control act"

  • H. R. 9519 — To establish a limit on increases in total Federal spending, and for other purposes.
    Status:Introduced in House
    Words:653

    H.R. 9519, known as the “Stop Bankrupting Our Country Act,” aims to limit the growth of total Federal spending in the U.S. starting from fiscal year 2025. It proposes that annual Federal expenditures cannot exceed the previous year's amount, adjusted only for inflation and...

    Simple Explanation

    The “Stop Bankrupting Our Country Act” is a plan to keep the U.S. from spending too much money by limiting the amount the government can spend each year, unless lots of people in charge say it's okay to spend more. If they spend too much, they have to find ways to save money, kind of like when mom and dad have to cut back on buying things if they spend too much.

  • H. R. 7217 — Making emergency supplemental appropriations to respond to the attacks in Israel for the fiscal year ending September 30, 2024, and for other purposes.
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    Status:Introduced in House
    Words:3,775

    H.R. 7217, titled the "Israel Security Supplemental Appropriations Act, 2024," is a bill to provide emergency supplemental funding for the United States' response to attacks in Israel. This bill allocates additional funds for the Department of Defense, the Department of State, and other...

    Simple Explanation

    H.R. 7217 is a plan from the government to send more money and help to Israel because of some attacks there, making sure the military and other helpers have what they need to get the job done quickly and safely.

  • H. R. 10446 — To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to reduce the fiscal year 2025 discretionary spending limit for revised nonsecurity category, to rescind funds appropriated for the Department of Commerce Nonrecurring Expenses Fund, and for other purposes.
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    Status:Introduced in House
    Words:480

    H.R. 10446 aims to modify the Balanced Budget and Emergency Deficit Control Act of 1985 by lowering the 2025 discretionary spending limit for the revised nonsecurity category to $597 billion. Additionally, it permanently rescinds unused funds that were allocated to the...

    Simple Explanation

    H.R. 10446 is a plan to change how much money the government can spend on certain things in 2025, setting a new limit of $597 billion, and it also takes back some money that wasn't used by a part of the government that deals with business stuff without very clear rules on how that's decided.

  • S. 3777 — To require Congress to budget in advance for disasters, and for other purposes.
    Status:Introduced in Senate
    Words:818

    S. 3777 aims to change how Congress plans for disasters by requiring them to allocate funds in advance. It eliminates certain budget exemptions starting in 2025 and changes the required congressional vote to declare emergency spending from three-fifths to two-thirds....

    Simple Explanation

    This bill wants Congress to save up money ahead of time for big emergencies, like storms or earthquakes, instead of deciding quickly when they happen. It also wants other people who check money stuff to see how well this plan works.

  • H. R. 9751 — To include certain executive and judicial actions in the baseline calculation by the Congressional Budget Office, and for other purposes.
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    Status:Introduced in House
    Words:419

    H.R. 9751, also known as the "Executive Action Cost Transparency Act," aims to improve how the Congressional Budget Office (CBO) calculates the budget baseline by including the financial impact of certain executive and judicial actions. The bill proposes amendments to the...

    Simple Explanation

    H.R. 9751, or the "Executive Action Cost Transparency Act," is a rule that wants to be sure the government counts the money impact of big decisions by the President and judges when making budget plans, especially if these decisions cost a lot, like $50 billion over ten years. This helps everyone see how these big choices can change how much the country spends and saves.