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Extension of Discretionary Spending Limits

This bill amends the Balanced Budget and Emergency Deficit Control Act of 1985 to extend discretionary spending limits. It establishes specific new budget authority amounts for revised security and nonsecurity categories for fiscal years 2022 and 2023.
Key points
Specific limits on new budget authority are set for fiscal years 2022 and 2023 for revised security and nonsecurity categories.
For fiscal year 2024 and thereafter, spending limits will be based on baseline amounts estimated by the Office of Management and Budget (OMB).
This legislation directly amends Section 251(c) of the 1985 Act regarding deficit control.
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Additional Information
Print number: 117_S_3007
Sponsor: Sen. Braun, Mike [R-IN]
Process start date: 2021-10-20