Congressional Salaries Held in Escrow for Budget Delays
This bill aims to ensure that members of Congress pass appropriation bills on time. If they fail to do so, their salaries will be held in an escrow account until the bills are passed or until the end of the congressional term. This is intended to encourage timely action on public finances.
Key points
If Congress fails to pass appropriation bills by the first day of a fiscal year (starting 2024), salaries of members of that House will be held in escrow.
Escrowed salaries will only be released once all appropriation bills are passed or at the end of the congressional term.
The act seeks to promote accountability and timeliness in the national budget process.
Expired
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