HR 4988 · 117th Congress · Economics and Public Finance
To amend the Congressional Budget Act of 1974 to establish that reconciliation directives in a budget resolution may not cause a net increase in the deficit for the period of fiscal years covered by that resolution.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Committee on Rules, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.(2021-08-10)
Plain Language Summary
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This bill prohibits congressional budget resolutions from including reconciliation instructions that would cause a net increase in the deficit for the period of fiscal years covered by the resolution. (Reconciliation instructions generally direct congressional committees to report legislation to achieve certain budgetary goals by changing laws that affect spending, revenue, or the debt limit. The legislation is then considered by Congress using expedited legislative procedures, which limit debate and amendments.)…
Summarized by Claude AI · Non-partisan · For informational purposes only