S.640 - Second Look at Wasteful Spending Act of 2009
A bill to provide Congress a second look at wasteful spending by establishing enhanced rescission authority under fast-track procedures. view all titles (2)
All Bill Titles
- Official: A bill to provide Congress a second look at wasteful spending by establishing enhanced rescission authority under fast-track procedures. as introduced.
- Short: Second Look at Wasteful Spending Act of 2009 as introduced.
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Official Summary
3/19/2009--Introduced.Second Look at Wasteful Spending Act of 2009 - Amends the Congressional Budget and Impoundment Control Act of 1974 to authorize the President to transmit annually to Congress a maximum of four special messages that propose to rescind dollar amounts of discretionary buOfficial Summary
3/19/2009--Introduced.Second Look at Wasteful Spending Act of 2009 - Amends the Congressional Budget and Impoundment Control Act of 1974 to authorize the President to transmit annually to Congress a maximum of four special messages that propose to rescind dollar amounts of discretionary budget authority, items of direct spending, and targeted tax benefits. Requires an analysis by:(1) the Congressional Budget Office (CBO) of an estimated savings in budget authority or outlays resulting from any such rescission; and
(2) the Joint Committee on Taxation of an estimated savings resulting from repeal of targeted tax benefits. Requires any rescinded budget authority, items of direct spending, or targeted tax benefit to be dedicated only to deficit reduction, and not to be used as an offset for other spending increases or revenue reductions.Provides for adjustment of:
(1) committee allocations resulting from such rescission; and
(2) applicable limits, as appropriate, under this Act. Sets forth procedures for expedited congressional consideration of a proposed rescission.
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Recent Blog Coverage
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S.640: Furthering International Nuclear Safety Act of 2011 - U.S. ...
A bill to underscore the importance of international nuclear safety cooperation for operating power reactors, encouraging the efforts of the Convention on Nuclear Safety, supporting progress in improving nuclear safety, and enhancing the public availabilit
» Dem Party Switches Increase GOP's Midterm Gains - Big Government
Are you talking about S.640? Looking4Sanity - November 30th, 2010 at 10:47 am. Not sure of the Senate bill number, but it was attached as an amendment to the Food Safety Modernization Act. My position is that I don't care whether they ...
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Il Presidente D'Orsi ha parlato dei numerosi impegni che riguardano l'ammodernamento della nostra rete viaria tra cui la S. 640 Agrigento-Caltanisetta, i 33 milioni di euro che saranno a breve cantierati per ammodernare la viabilità ...
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U.S. Congress - S.640 Second Look at Wasteful Spending Act of 2009



