S 3026 · 111th Congress · Economics and Public Finance

Fiscal Freeze Act of 2010

Introduced 2010-02-23· Sponsored by Sen. Bayh, Evan [D-IN]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on the Budget.(2010-02-23)

Plain Language Summary

[AI summary unavailable — showing source text] Fiscal Freeze Act of 2010 - Congressional Accountability and Line Item Veto Act of 2010 - Amends the Congressional Budget and Impoundment Control Act of 1974 to authorize the President to propose the repeal of any congressional earmark or the cancellation (line item veto) of any limited tariff or targeted tax benefit. Dedicates any such repeal or cancellation solely to deficit reduction or increase of a surplus. Prescribes procedures for expedited consideration in each chamber for such proposals. Authorizes the President temporarily to withhold congressional earmarks from obligation or suspend a limited tariff or targeted tax benefit. Expresses the sense of Congress on abuse of proposed repeals and cancellations. Makes it out of order in both chambers to consider legislation containing a congressional earmark or an earmark attributable to the President for any fiscal year in which there is or will be a deficit as determined by the Congressional Budget Office (CBO). 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. Directs the chairs of the congressional budget committees…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Republican