HCONRES 37 · 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 year 2011 and fiscal years 2013 through 2021.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on the Budget.(2011-04-12)
Plain Language Summary
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Sets forth the congressional budget for the federal government for FY2012, including the appropriate budgetary levels for FY2011, and FY2013-FY2021. Lists recommended budgetary levels and amounts for FY2011-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 FY2011-FY2021. Sets forth reconciliation instructions for the House Committees on: (1) Agriculture, (2) Education and the Workforce, (3) Energy and Commerce, (4) Financial Services, (5) Natural Resources, (6) Oversight and Government Reform, and (7) Ways and Means. Requires the House Committee on the Budget to report a reconciliation bill that slows the growth in mandatory spending and achieves deficit reduction. Requires each House Committees to identify savings amounting to 1% of total mandatory spending under its jurisdiction from activities determined to be wasteful, unnecessary, or lower-priority. Prohibits House legislation that would require advance appropriations, except for certain FY20…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (13)
13 Republicans