S.897 - Limitation on Government Spending Act of 2009

A bill to limit Federal spending to 20 percent of GDP. view all titles (2)

All Bill Titles

  • Official: A bill to limit Federal spending to 20 percent of GDP. as introduced.
  • Short: Limitation on Government Spending Act of 2009 as introduced.

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Bill's Views

  • Today: 3
  • Past Seven Days: 7
  • All-Time: 1,326
 
Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
04/23/09
 
 
 
 
 
 
 

Official Summary

4/24/2009--Introduced.Limitation on Government Spending Act of 2009 - Amends the Congressional Budget Act of 1974 to define GDP as the gross domestic product for the relevant fiscal year as most recently estimated by the Congressional Budget Office (CBO). Defines federal spending limits fo

Official Summary

4/24/2009--Introduced.Limitation on Government Spending Act of 2009 - Amends the Congressional Budget Act of 1974 to define GDP as the gross domestic product for the relevant fiscal year as most recently estimated by the Congressional Budget Office (CBO). Defines federal spending limits for:
(1) FY2011, as outlays not exceeding 22% of the GDP;
(2) FY2012, as outlays not exceeding 21% of the GDP; and
(3) FY2013 and fiscal years thereafter, as outlays not exceeding 20% of the GDP. Makes it out of order in the Senate to consider any legislation that includes any provision that would result in a deficit for a fiscal year that exceeds the maximum deficit amount or federal spending limit, as applicable, for such fiscal year. Permits waiver or suspension of such prohibition, or successful appeals from rulings of the Chair, only by an affirmative vote of three-fifths
(60) of the Senate.

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Recent Blog Coverage

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05/04/11
S.897: A bill to amend the Surface Mining Control and Reclamation ...

Official government data, breaking news and blog coverage, public comments and user community for S.897 A bill to amend the Surface Mining Control and Reclamation Act of 1977 to clarify that uncertified States and Indian tribes have the authority to use...

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11/22/10
elder law: Alzheimer's on the Rise

Kit Bond (R-MO), has introduce The Alzheimer's Breakthrough Act of 2007 (S. 898), which doubles funding for Alzheimer's research, and The Family Assistance Act of 2007 (S. 897), which creates a $3000 tax credit for families caring for a ...

Source: elder law
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11/03/10
Alzheimer's on the Rise | Probate Attorneys

Kit Bond (R-MO), has introduce The Alzheimer's Breakthrough Act of 2007 (S. 898), which doubles funding for Alzheimer's research, and The Family Assistance Act of 2007 (S. 897), which creates a $3000 tax credit for families caring for a ...

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