Search Results: keywords:"fiscal discipline"

  • 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.

  • — An Act to require the Director of the Office of Management and Budget to submit to Congress an annual report on projects that are over budget and behind schedule, and for other purposes.
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    Status:Engrossed Amendment House
    Words:783

    The bill, known as the "Billion Dollar Boondoggle Act of 2023," requires the Director of the Office of Management and Budget to provide Congress with an annual report on projects from specific federal agencies that are significantly over budget or behind schedule. A covered project is defined...

    Simple Explanation

    The "Billion Dollar Boondoggle Act of 2023" is a rule that says a special person in the government must tell Congress every year about big projects that are taking much longer or costing much more money than they were supposed to. If a project is taking more than five years extra or costing a billion dollars more than first planned, it gets looked at in this report.

  • H. R. 7463 — Making further continuing appropriations for fiscal year 2024, and for other purposes.
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    Status:Introduced in House
    Words:1,060

    H. R. 7463 extends funding for the U.S. government through March 8 and March 22, 2024, by amending the Continuing Appropriations Act, 2024. This bill also introduces modifications to the FAFSA process, specifically amending certain criteria related to student income and...

    Simple Explanation

    H.R. 7463 is a bill that keeps the U.S. government running by giving it money until March 2024 and also makes changes to help students get school money. It makes sure that the changes in spending won't cause automatic cuts later.

  • H. R. 7012 — To modify the public transportation emergency relief program, and for other purposes.
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    Status:Introduced in House
    Words:539

    H. R. 7012, known as the “Transit Emergency Relief Act,” aims to update the public transportation emergency relief program in the United States. The bill proposes that funds set aside for this program remain available until they are used up and can be applied to current or...

    Simple Explanation

    H. R. 7012 is a plan to make changes to a program that helps buses and trains when there's an emergency. It wants to give more money each year to help them be safe and ready for problems, like when someone spills their milk but much bigger!

  • H. J. RES. 10 — Proposing a balanced budget amendment to the Constitution of the United States.
    Status:Introduced in House
    Words:595

    H. J. RES. 10 proposes an amendment to the United States Constitution that would require the federal government to not spend more money than it receives in a fiscal year, unless three-fifths of both the House and the Senate agree to allow more spending. It also says that the...

    Simple Explanation

    H. J. RES. 10 is like a rule saying that the government can't spend more money than it earns, like how you can't buy more toys if you don't have enough allowance. They can only do this if most of the grown-ups in charge agree, and they have special rules for emergencies like a big battle.