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Fiscal Responsibility Commission: Planning for US Budget Stability

This act establishes a new commission tasked with finding ways to improve the US government's financial situation. Its goal is to balance the budget and stabilize debt, which could impact future public spending and taxes. Citizens can expect recommendations concerning government expenditures and revenues.
Key points
Establishment of an independent, bipartisan commission to analyze government finances.
The commission's duty is to develop plans to balance the budget within 10 years, excluding interest payments on debt.
The commission will also propose changes to entitlement spending and other areas to improve the country's long-term financial outlook.
The commission's recommendations will be public and may form the basis for future Congressional and Presidential budget decisions.
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Expired
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Additional Information
Print number: 117_HR_974
Sponsor: Rep. Case, Ed [D-HI-1]
Process start date: 2021-02-11
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Sustainable Budget Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_974.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-02-11.

What are the main provisions?

Key points include:

  • Establishment of an independent, bipartisan commission to analyze government finances.
  • The commission's duty is to develop plans to balance the budget within 10 years, excluding interest payments on debt.
  • The commission will also propose changes to entitlement spending and other areas to improve the country's long-term financial outlook.
  • The commission's recommendations will be public and may form the basis for future Congressional and Presidential budget decisions.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Case, Ed [D-HI-1].

What is the latest detailed status?

The latest detailed status is: Introduced in House

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

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