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Stricter Budget Spending Rules for US Senate

This act introduces new rules for approving budget expenditures in the US Senate. The goal is to increase control over how public money is spent, which could impact the nation's financial stability and future investments. Citizens may experience this through more responsible budget management.
Key points
Emergency spending will require a two-thirds Senate vote for approval.
Large budget projects exceeding $5 billion will need a two-thirds Senate vote.
Minor budget violations, up to $500,000, will not trigger special procedural blocks.
Increasing short-term deficits by over $10 billion will be harder to approve.
Increasing long-term deficits by over $10 billion will be harder to approve.
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Additional Information
Print number: 117_S_3005
Sponsor: Sen. Braun, Mike [R-IN]
Process start date: 2021-10-20