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New Rules for Government Spending During High Inflation

This proposed law aims to limit the ability to increase the budget deficit through non-defense spending when inflation is high. This means the government will find it harder to spend money on non-defense areas if prices are rising rapidly, potentially affecting the availability of some public programs.
Key points
Introduces a rule making it harder to pass laws that increase the budget deficit in non-defense areas when inflation exceeds 8%.
This rule aims to control public spending during periods of rapid price increases, potentially impacting the nation's financial stability.
These restrictions can only be waived by a two-thirds vote in the Senate.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_4250
Sponsor: Sen. Scott, Rick [R-FL]
Process start date: 2022-05-18
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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

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_4250.

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:

  • Introduces a rule making it harder to pass laws that increase the budget deficit in non-defense areas when inflation exceeds 8%.
  • This rule aims to control public spending during periods of rapid price increases, potentially impacting the nation's financial stability.
  • These restrictions can only be waived by a two-thirds vote in the Senate.
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