Strengthening Congressional Oversight of the Administrative PAYGO Act.
This bill strengthens congressional oversight of the Administrative Pay-As-You-Go Act of 2023. It requires the submission of detailed explanations and budgetary effect estimates to Congress when waivers or exemptions are applied. The bill repeals the sunset provision, making the regulations permanent, and mandates reporting the number of waiver determinations in the annual budget. The purpose is to establish a budget-neutral requirement for discretionary administrative actions.
Key points
Repeals the sunset provision of the Administrative Pay-As-You-Go Act of 2023, making the rules permanent.
Requires detailed explanations and cost estimates be submitted to Congress whenever budget rules are waived.
Mandates reporting the number of waiver determinations in the President's annual budget submission.
Expired
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