S.3 - Fiscal Responsibility and Spending Control Act

A bill to promote fiscal responsibility and control spending. view all titles (2)

All Bill Titles

  • Short: Fiscal Responsibility and Spending Control Act as introduced.
  • Official: A bill to promote fiscal responsibility and control spending. as introduced.

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Bill's Views

  • Today: 1
  • Past Seven Days: 11
  • All-Time: 1,979
 
Introduced
 
Senate
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House
Passes
 
President
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01/24/11
 
 
 
 
 
 
 

Official Summary

1/25/2011--Introduced.Fiscal Responsibility and Spending Control Act - Expresses the sense of the Senate that Congress should: (1) address the rising national debt and long-term fiscal challenges through a bipartisan agreement that significantly corrects our nation's long-term fiscal

Official Summary

1/25/2011--Introduced.Fiscal Responsibility and Spending Control Act - Expresses the sense of the Senate that Congress should:
(1) address the rising national debt and long-term fiscal challenges through a bipartisan agreement that significantly corrects our nation's long-term fiscal imbalances, closes the gap between projected revenues and expenditures, ensures U.S. economic security, and enhances future prosperity and growth;
(2) reduce the deficit and stabilize the national debt without damaging the economic recovery;
(3) consider deficit reduction proposals by leading budget experts and establish a plan that can attract broad bipartisan support;
(4) ensure that any plan to address long-term fiscal problems is balanced and provides fundamental reform of the federal tax code along with prudent controls on spending;
(5) eliminate tax expenditures that only serve special interests and take aggressive measures to close the tax gap and stop cheating;
(6) ensure that the tax code fairly distributes the tax burden and helps American businesses compete in the global marketplace;
(7) extend the solvency of Social Security and ensure that no savings are used to meet deficit reduction goals in the remainder of the budget;
(8) achieve savings through the elimination or consolidation of duplicative programs and activities while modernizing government procurement practices to reduce waste and leverage better value; and
(9) reject efforts to exempt tax breaks for millionaires and special interests from strong pay-as-you-go budgetary rules.

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Recent News Coverage

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05/30/12
Toliver’s 3 at the buzzer gives Sparks 76-75 win over Shock

LOS ANGELES — Kristi Toliver’s 3-pointer at the buzzer gave the Los Angeles Sparks a 76-75 victory over the Tulsa Shock on Tuesday night. Temeka Johnson made two free throws with 7.4 seconds left to give Tulsa a 75-71 lead. Toliver made a ...

Source: Washington Post
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05/29/12
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Source: Christian Post
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05/28/12
Jose Lopez’s 3 RBIs help Indians beat Royals 8-5, stop losing streak at 3

CLEVELAND — Jose Lopez had three RBIs and Jason Kipnis drove in two runs to help the Cleveland Indians beat the Kansas City Royals 8-5 Monday. Josh Tomlin (2-2) gave up four runs and four hits in five innings as Cleveland broke a three-game ...

Source: Washington Post
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Recent Blog Coverage

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09/21/11
What to Watch Tonight: Modern Family S.3 Premiere, The Hour S.1 ...

What to Watch Tonight: Modern Family S.3 Premiere, The Hour S.1 Finale, Revenge Series Premiere & More. by Jason the TVaholic on September 21, 2011. in Tonight on the Tube ... -

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01/25/11
S. 3: Fiscal Responsibility and Spending Control Act - GovTrack.us

112th Congress, 2011–2012. A bill to promote fiscal responsibility and control spending. Sponsor: Sen. Harry Reid [D-NV]; Status: Introduced This bill or resolution is in the first stage of the legislative process. It was introduced into Congress ...

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01/25/11
S. 3: Fiscal Responsibility and Spending Control Act - GovTrack.us

112th Congress, 2011–2012. A bill to promote fiscal responsibility and control spending. Sponsor: Sen. Harry Reid [D-NV]; Status: Introduced This bill or resolution is in the first stage of the legislative process. It was introduced into Congress ...

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