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New Government Spending Rules: Inflation and Deficit Protection.

This bill aims to curb public debt growth during periods of high inflation. It introduces a special rule making it harder to approve new non-defense government spending if it would increase the budget deficit while inflation is high. This is intended to protect citizens' purchasing power and national financial stability.
Key points
Makes it harder to approve new government spending that increases public debt when inflation exceeds 3%.
Applies to non-defense spending, affecting budgets across many public sectors.
The rule can only be waived with a two-thirds vote in the Senate, highlighting its significance.
Aims to protect citizens from the negative effects of rising debt and inflation, impacting prices and savings.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_4249
Sponsor: Sen. Scott, Rick [R-FL]
Process start date: 2022-05-18
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

A bill to create a point of order against legislation making nondefense discretionary appropriations that would increase the deficit during a period of high inflation.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_4249.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-05-18.

What are the main provisions?

Key points include:

  • Makes it harder to approve new government spending that increases public debt when inflation exceeds 3%.
  • Applies to non-defense spending, affecting budgets across many public sectors.
  • The rule can only be waived with a two-thirds vote in the Senate, highlighting its significance.
  • Aims to protect citizens from the negative effects of rising debt and inflation, impacting prices and savings.
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 Sen. Scott, Rick [R-FL].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Economy Public Investments