SRES 331 · 112th Congress · Economics and Public Finance
A resolution expressing the sense of the Senate that Congress should "Go Big" in its attempts toward deficit reduction.
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to the Committee on Finance. (text of measure as introduced: CR S7620)(2011-11-16)
Plain Language Summary
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Expresses the sense of the Senate that Congress should pass a deficit reduction measure that: (1) includes enough deficit reduction to stabilize the federal debt as a share of the economy, put the debt on a downward path, and provide fiscal certainty; (2) reduces the deficit by at least $4 trillion over 10 years in order to reassure financial markets; (3) uses established, bipartisan debt and deficit reduction frameworks as a starting point for discussions; (4) focuses on the major parts of the budget and includes long-term entitlement reforms and pro-growth tax reform; (5) is structured to grow the economy in the short, medium, and long terms to create jobs in the United States; and (6) includes tax reform that guarantees deficit reduction and economic growth to rebuild America.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (10)
8 Democrats1 Republican1 Independent