HCONRES 34 · 112th Congress · Economics and Public Finance
Establishing the budget for the United States Government for fiscal year 2012 and setting forth appropriate budgetary levels for fiscal years 2013 through 2021.
Bill Progress
1
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Motion to proceed to consideration of measure rejected in Senate by Yea-Nay Vote. 40 - 57. Record Vote Number: 77. (consideration: CR S3331-3332)(2011-05-25)
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Plain Language Summary
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Sets forth the congressional budget for the federal government for FY2012, including the appropriate budgetary levels for FY2013-FY2021. Lists recommended budgetary levels and amounts for FY2012-FY2021 with respect to: (1) federal revenues, (2) new budget authority, (3) budget outlays, (4) deficits (on-budget), (5) debt subject to limit, and (6) debt held by the public. Lists the appropriate levels of new budget authority and outlays for specified major functional categories for FY2012-FY2021. Lists recommended budgetary levels and amounts for FY2030, FY2040, and FY2050 as a percent of the federal gross domestic product (GDP) with respect to: (1) federal revenues, (2) budget outlays, (3) deficits, and (4) debt held by the public. Authorizes adjustment of allocations to the House Committee on Appropriations for the costs of the global war on terrorism and other activities for FY2012 if legislation makes appropriations for such costs and it is designated under this resolution. Authorizes certain reserve funds for legislation for health care reform and the sustainable growth rate of the Medicare program. Authorizes certain deficit-neutral reserve funds for revenue measures and for rur…
Summarized by Claude AI · Non-partisan · For informational purposes only