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Politiparty

118th Congress Economics and Public Finance

S. 743: Sustainable Budget Act of 2023

Introduced

  1. Introduced (completed)Mar 9, 2023
  2. Passed Senate (not reached)
  3. Passed House (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in Senate, Mar 9, 2023

This bill establishes the National Commission on Fiscal Responsibility and Reform within the legislative branch to identify policies to improve the fiscal situation in the medium term and achieve fiscal sustainability over the long term.

The commission must propose recommendations that (1) are designed to balance the budget, excluding interest payments on the debt, within 10 years; and (2) meaningfully improve the long-term fiscal outlook, including changes to address the growth of entitlement spending and the gap between projected federal revenues and expenditures.

Congress must consider the commission's recommendations using specified expedited legislative procedures.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

4

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1Cynthia Lummis R-WY SponsorIntroduced, drew cross-party cosponsors2 events+6
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Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Cynthia Lummis

History

  1. Mar 9, 2023Introduced in the Senate by Cynthia Lummis.
Show the full action history (2 actions)
  1. Mar 9, 2023Introduced in Senate
  2. Mar 9, 2023Read twice and referred to the Committee on the Budget.