New Federal Program Funding Rules: Less Spending, More Control.
This proposed bill aims to limit the introduction of new federal programs requiring funding. For a new program to be established, Congress would need to simultaneously reduce funding for at least two existing programs by an equal or greater amount. This is intended to ensure new spending is offset by savings, potentially impacting the availability and scope of public services.
Key points
Introducing a new federal program would require cutting funding from other programs.
Any new expenditure would need to be offset by savings in other areas.
Members of Congress would have to publicly certify how their proposals meet these new requirements.
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