HR 2811 · 118th Congress · Economics and Public Finance
Limit, Save, Grow Act of 2023
Bill Progress
1
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Committee on the Budget. Hearings held. Hearings printed: S.Hrg. 118-76.(2023-05-04)
Recorded Votes
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Plain Language Summary
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Limit, Save, Grow Act of 2023 This bill increases the federal debt limit and decreases spending. It also repeals several energy tax credits, modifies the permitting process and other requirements for energy projects, expands work requirements for the Supplemental Nutrition Assistance Program (SNAP) and other programs, and nullifies regulations for the cancellation of federal student loan debt. Specifically, the bill suspends the debt limit through March 31, 2024, or until the debt increases by $1.5 trillion, whichever occurs first; establishes discretionary spending limits for FY2024-FY2033 that include decreases in discretionary spending; rescinds certain unobligated funds that were provided to address COVID-19 and to the Internal Revenue Service; nullifies certain executive actions and regulations for cancelling federal student loan debt and implementing an income-driven repayment plan for student loans; repeals or modifies tax credits for renewable and clean energy, energy efficient property, alternative fuels, and electric vehicles; establishes new work requirements for Medicaid and expands the work requirements for SNAP and the Temporary Assistance for Needy Families (TANF) pr…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeCBO’s Estimate of the Budgetary Effects of H.R. 2811, the Limit, Save, Grow Act of 2023
Apr 25, 2023As posted on the website of the House Committee on Rules on April 19, 2023
Full CBO report ↗CBO’s Estimate of the Budgetary Effects of Amendment 22 to H.R. 2811, the Limit, Save, Grow Act of 2022
Apr 26, 2023As adopted by the House Committee on Rules on April 26, 2023
Full CBO report ↗CBO’s Estimate of the Budgetary Effects of Amendment 22 to H.R. 2811, the Limit, Save, Grow Act of 2023
Apr 26, 2023As adopted by the House Committee on Rules on April 26, 2023
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (19)
19 Republicans