arrow_back Back to App

Fiscal Responsibility Commission: Sustainable Budget Plan

This act establishes a new commission tasked with finding ways to improve the nation's financial situation and ensure long-term budget stability. Its recommendations could impact government spending and taxes, indirectly affecting every citizen through changes in public services or financial burdens.
Key points
Establishment of the National Commission on Fiscal Responsibility and Reform, composed of 18 members, including politicians and experts.
The commission's duty is to develop recommendations to balance the national budget within 10 years and stabilize public debt.
The commission will also propose changes to address entitlement spending growth and the gap between projected government revenues and expenditures.
The President will submit a bill to Congress based on the commission's recommendations, which will undergo expedited consideration without amendments.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 118_HR_710
Sponsor: Rep. Case, Ed [D-HI-1]
Process start date: 2023-02-01