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Spending Limits Act: Federal Budget Caps Through 2029

This act sets new federal spending limits for fiscal years 2026-2029. This means the government will need to more strictly control how much it spends on various programs and services, potentially impacting the availability and quality of some public benefits in the future.
Key points
Establishes upper limits for government spending for fiscal years 2026, 2027, 2028, and 2029.
Aims to control public debt and ensure financial stability, which may affect future investments and social programs.
article Official text account_balance Process page
Expired
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Additional Information
Print number: 118_HR_4245
Sponsor: Rep. Grothman, Glenn [R-WI-6]
Process start date: 2023-06-21
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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

Enforce the Caps Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_4245.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-06-21.

What are the main provisions?

Key points include:

  • Establishes upper limits for government spending for fiscal years 2026, 2027, 2028, and 2029.
  • Aims to control public debt and ensure financial stability, which may affect future investments and social programs.
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 Rep. Grothman, Glenn [R-WI-6].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on the Budget.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

CATEGORIES

Economy Public Investments