arrow_back Back to App

Comprehensive Congressional Budget 2024: Enhanced Fiscal Control

This bill aims to streamline the US Congressional budget process by introducing a single, comprehensive budget act covering all federal spending and revenue. The goal is to increase transparency and control over public finances, potentially leading to better debt and deficit management, indirectly impacting economic stability and future tax burdens on citizens.
Key points
Establishes a single, annual budget act combining all federal spending and revenue, replacing the current fragmented system.
Sets a clear budget timetable, with the House of Representatives approving the budget by the end of June to prevent delays.
Increases involvement of all Congressional committees in the budget process for a more comprehensive financial planning approach.
Repeals the reconciliation process, which often contributed to increased deficits and debt.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HR_6953
Sponsor: Rep. Moore, Blake D. [R-UT-1]
Process start date: 2024-01-11