New Budget Rules and Congressional Accountability for Public Funds.
This act changes how the national budget is planned, removing automatic inflation-based spending increases. It also aims to increase accountability for members of Congress and budget officials by linking their salaries to timely budget approval.
Key points
No more automatic budget increases for inflation – spending will be planned more precisely.
Congressional members' salaries will be withheld if they don't pass the budget on time, encouraging faster work.
High-ranking officials responsible for the President's budget will lose pay if they fail to submit it to Congress on schedule.
Status:
Introduced
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