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Bipartisan Budget Act Of 2013
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Book Synopsis Bipartisan Budget Act of 2013 by : United States. Congress. House. Committee on the Budget
Download or read book Bipartisan Budget Act of 2013 written by United States. Congress. House. Committee on the Budget and published by . This book was released on 2014 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Provisions in the Bipartisan Budget Act of 2013 as an Alternative to a Traditional Budget Resolution by : Megan Suzanne Lynch
Download or read book Provisions in the Bipartisan Budget Act of 2013 as an Alternative to a Traditional Budget Resolution written by Megan Suzanne Lynch and published by . This book was released on 2014 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Budget Control Act by : Grant Driessen
Download or read book The Budget Control Act written by Grant Driessen and published by Createspace Independent Publishing Platform. This book was released on 2017-07-19 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: When there is concern with deficit or debt levels, Congress will sometimes implement budget enforcement mechanisms to mandate specific budgetary policies or fiscal outcomes. The Budget Control Act of 2011(BCA; P.L. 112-25), which was signed into law on August 2, 2011, includes several such mechanisms. The BCA as amended has three main components that currently affect the annual budget. One component imposes annual statutory discretionary spending limits for defense and non-defense spending. A second component requires annual reductions to the initial discretionary spending limits triggered by the absence of a deficit reduction agreement from a committee formed by the BCA. Third are annual automatic mandatory spending reductions triggered by the same absence of a deficit reduction agreement. Each of those components is described in further detail in this report. The discretionary spending limits (and annual reductions) are currently scheduled to remain in effect through FY2021, while the mandatory spending reductions are scheduled to remain in effect through FY2025. Congress may modify or repeal any aspect of the BCA procedures, but such changes require the enactment of legislation. Several pieces of legislation have changed the spending limits or enforcement procedures included in the BCA with respect to each year from FY2013 through FY2017. These include the American Taxpayer Relief Act of 2012 (ATRA/P.L. 112-240), the Bipartisan Budget Act of 2013 (BBA 2013/P.L. 113-67, also referred to as the Murray-Ryan agreement), and the Bipartisan Budget Act of 2015 (BBA 2015/P.L. 114-74). Those laws included changes to the discretionary limits imposed by the BCA that increased deficits in each year from FY2013-FY2017. No change has been enacted for FY2018 and beyond, so the discretionary spending limits for FY2018 through FY2021 remain at the level prescribed by the BCA. The discretionary caps in FY2018 are scheduled to be approximately $549 billion for defense activities and $516 billion for nondefense activities This report addresses several frequently asked questions related to the BCA and the annual budget.
Book Synopsis Activities and Summary Report of the Committee on the Budget, U.S. House of Representatives by : United States. Congress. House. Committee on the Budget
Download or read book Activities and Summary Report of the Committee on the Budget, U.S. House of Representatives written by United States. Congress. House. Committee on the Budget and published by . This book was released on 2014 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis 2013 Sequestrian Selected Federal Agencies Reduced Some Services and Investments, While Taking Short-Term Actions to Mitigate Effects by : United States Government Accountability
Download or read book 2013 Sequestrian Selected Federal Agencies Reduced Some Services and Investments, While Taking Short-Term Actions to Mitigate Effects written by United States Government Accountability and published by CreateSpace. This book was released on 2015-01-01 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Balanced Budget and Emergency Deficit Control Act of 1985 (BBEDCA) established sequestration to enforce discretionary spending limits and control the deficit. In August 2011, Congress and the President enacted the Budget Control Act of 2011 (BCA), amending BBEDCA. Among other things, the BCA established the Joint Select Committee on Deficit Reduction (Joint Committee), which was tasked with proposing legislation to reduce the deficit by $1.2 trillion or more through fiscal year 2021. The absence of such legislation triggered the sequestration process in section 251A of BBEDCA, known as the Joint Committee sequestration, which is the subject of this report.7 6Pub. L. No. 112-25, 125 Stat. 240 (Aug. 2, 2011). BBEDCA has been amended many times, including by the Budget Enforcement Act of 1990, the Statutory Pay-As-You-Go Act of 2010, the Budget Control Act of 2011, the American Taxpayer Relief Act of 2012, and the Bipartisan Budget Act of 2013. This body of law is classified in sections 900 through 907d in title 2 of the United States Code. During fiscal year 2013, several laws changed the timing and amount of sequestration.
Author :Congressional Research Congressional Research Service Publisher :CreateSpace ISBN 13 :9781503177147 Total Pages :26 pages Book Rating :4.1/5 (771 download)
Book Synopsis The Federal Budget by : Congressional Research Congressional Research Service
Download or read book The Federal Budget written by Congressional Research Congressional Research Service and published by CreateSpace. This book was released on 2014-11-04 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The federal budget is central to Congress's ability to exercise its "power of the purse." Each fiscal year Congress and the President undertake a variety of steps intended to set levels of spending and revenue and to make policy decisions. The purpose of this report is to provide an overview and background on the current budget debate. This report will track legislative events related to the federal budget and will be updated as budgetary legislation moves through Congress. In recent years, policies enacted to restrain spending, along with a stronger economy, have led to reductions in the budget deficit. On August 2, 2011, the President signed into law the Budget Control Act of 2011 (P.L. 112-25). The BCA contained a variety of measures intended to reduce the deficit by at least $2.1 trillion over the FY2012-FY2021 period, along with a mechanism to increase the debt limit. Two subsequent pieces of legislation have modified the BCA since it was enacted-the American Taxpayer Relief Act of 2012 (ATRA; P.L. 112-240) and the Bipartisan Budget Act of 2013 (BBA; P.L. 113-67). Both pieces of legislation allow for more discretionary spending than was provided under the BCA for FY2013, FY2014, and FY2015. Various deficit reduction measures were included to offset the costs of the changes to spending levels in both ATRA and the BBA. The BCA and the BBA will continue to affect spending levels in FY2015 and beyond as Congress may debate whether or not to enact further changes. The Obama Administration released its FY2015 budget in two parts-the first on March 4, 2014, and the second on March 10, 2014. In his budget, President Obama proposes an "Opportunity, Growth, and Security Initiative" to provide additional funding for unspecified discretionary programs in FY2015. The budget also proposes to eliminate the BCA sequester on mandatory programs in FY2015. These proposals yield a deficit for FY2015 that is slightly higher than what is currently projected in the CBO baseline. Congressional consideration of FY2015 budget and appropriations legislation has already begun. The BBA contained a provision directing the House and Senate Budget Committee chairmen to file spending and revenue levels in the Congressional Record that would be enforceable in the same manner as a concurrent budget resolution for FY2015 if an agreement on a budget resolution could not be reached by April 15, 2014. However, nothing would preclude Congress from acting on a budget resolution for FY2015 even after those levels have been filed. It has been reported that Senate Budget Committee Chairman Patty Murray has signaled that the provisions contained in the BBA make a budget resolution for FY2015 unnecessary. On April 10, 2014, the House agreed to a budget resolution (H.Con.Res. 96, 113th Congress) by a vote of 219 to 205.
Book Synopsis The Pig Book by : Citizens Against Government Waste
Download or read book The Pig Book written by Citizens Against Government Waste and published by St. Martin's Griffin. This book was released on 2013-09-17 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: The federal government wastes your tax dollars worse than a drunken sailor on shore leave. The 1984 Grace Commission uncovered that the Department of Defense spent $640 for a toilet seat and $436 for a hammer. Twenty years later things weren't much better. In 2004, Congress spent a record-breaking $22.9 billion dollars of your money on 10,656 of their pork-barrel projects. The war on terror has a lot to do with the record $413 billion in deficit spending, but it's also the result of pork over the last 18 years the likes of: - $50 million for an indoor rain forest in Iowa - $102 million to study screwworms which were long ago eradicated from American soil - $273,000 to combat goth culture in Missouri - $2.2 million to renovate the North Pole (Lucky for Santa!) - $50,000 for a tattoo removal program in California - $1 million for ornamental fish research Funny in some instances and jaw-droppingly stupid and wasteful in others, The Pig Book proves one thing about Capitol Hill: pork is king!
Book Synopsis Federal Election Campaign Laws by : United States
Download or read book Federal Election Campaign Laws written by United States and published by . This book was released on 1997 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis How Our Laws are Made by : John V. Sullivan
Download or read book How Our Laws are Made written by John V. Sullivan and published by . This book was released on 2007 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Contract with America by : Newt Gingrich
Download or read book Contract with America written by Newt Gingrich and published by Three Rivers Press. This book was released on 1994 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: The November 1994 midterm elections were a watershed event, making possible a Repbulican majority in Congress for the first time in forty years. Contract with America, by Newt Gingrich, the new Speaker of the House, Dick Armey, the new Majority Leader, and the House Republicans, charts a bold new political strategy for the entire country. The ten-point program, which forms the basis of this book, was announced in late September. It received the signed support of more than 300 GOP canditates. Their pledge: "If we break this contract, throw us out". Contract with America fleshes out the vision and provides the details of the program that swept the GOP to victory. Among the pressing issues addressed in this important book are: balancing the budget, stopping crime, reforming welfare, reinforcing families, enhancing fairness for seniors, strengthening national defense, cutting government regulations, promoting legal reform, considering term limits, and reducing taxes.
Book Synopsis Budget of the United States Government by : United States. Office of Management and Budget
Download or read book Budget of the United States Government written by United States. Office of Management and Budget and published by . This book was released on 2005 with total page 420 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Congressional Record by : United States. Congress
Download or read book Congressional Record written by United States. Congress and published by . This book was released on 1919 with total page 1084 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Federal Budget Process, V.2 by : Bill Heniff Jr.
Download or read book The Federal Budget Process, V.2 written by Bill Heniff Jr. and published by The Capitol Net Inc. This book was released on 2018-06-20 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: Budgeting for the federal government is an enormously complex process. It entails dozens of subprocesses, countless rules and procedures, the efforts of tens of thousands of staff persons in the executive and legislative branches, and the active participation of the President, congressional leaders, Members of Congress, and members of the executive branch. This analysis shows the various elements of the federal budget process including the President's budget submission, framework, timetable, the budget resolution, reconciliation, the "Byrd Rule," appropriations, authorizations, and budget execution. Congress is distinguished from nearly every other legislature in the world by the control it exercises over fashioning the government's budgetary policies. This power, referred to as "the power of the purse," ensures Congress' primary role in setting revenue and borrowing policies for the federal government and in determining how these resources are spent. The congressional power of the purse derives from several key provisions in the Constitution. Article I, Section 8, Clause 1 (Power to tax and spend) declares in part that Congress shall have the power to raise (that is, "to lay and collect") revenues of various types, including taxes and duties, among other things. Article I, Section 8, Clause 2 (Borrowing power) declares that the power to borrow funds "on the credit of the United States" belongs to Congress. In addition to its powers regarding revenues and borrowing, Congress exerts control over the expenditure of funds. Article I, Section 9, Clause 7 declares in part that funds can be withdrawn from the Treasury only pursuant to laws that make appropriations. Under the Constitution, revenue measures must originate in the House of Representatives. Beyond this requirement, however, the Constitution does not prescribe how the House and Senate should organize themselves, or the procedures they should use, to conduct budgeting. Over the years, however, both chambers have developed an extensive set of rules (some set forth in statute) and precedents that lay out complicated, multiple processes for making budgetary decisions. The House and Senate have also created an intricate committee system to support these processes. As American society has grown and become ever more complex, and as the role of the federal government in the national economy has steadily expanded, Congress also has increasingly shared power over budgetary matters with the president and the executive branch. It has refashioned the president’s role in budgeting by requiring him to submit to Congress each year a budget for the entire federal government and giving him responsibilities for monitoring agencies’ implementation of spending and revenue laws. Accordingly, the president also exercises considerable influence over key budget decisions. Table of Contents 1. "Introduction to the Federal Budget Process," CRS Report 98-721, December 3, 2012 (38-page PDF) 2. "The Executive Budget Process: An Overview," CRS Report R42633, July 27, 2012 3. "The Executive Budget Process Timetable," CRS Report RS20152, December 5, 2012 (8-page PDF) 4. "The Congressional Budget Process: A Brief Overview," CRS Report RS20095, August 22, 2011 5. "Budget Resolution Enforcement," CRS Report 98-815, August 12, 2008 6. "Deeming Resolutions: Budget Enforcement in the Absence of a Budget Resolution," CRS Report R44296, June 26, 2017 7. "Legislating in Congress: Federal Budget Process," Contributing Author Bill Heniff Jr., with updates by Robert Keith and Megan Lynch 8. "The Budget Reconciliation Process: Stages of Consideration," CRS Report R44058, January 4, 2017 9. "The Budget Reconciliation Process: The Senate's 'Byrd Rule'," CRS Report RL30862, November 22, 2016 (44-page PDF) 10. "The Congressional Appropriations Process: An Introduction," CRS Report R42388, November 30, 2016 (28-page PDF) 11. "Allocations and Subdivisions in the Congressional Budget Process," CRS Report RS20144, November 29, 2010 12. "Omnibus Appropriations Acts: Overview of Recent Practices," CRS Report RL32473, January 14, 2016 13. "Appropriations Report Language: Overview of Development, Components, and Issues for Congress," CRS Report R44124 July 28, 2015 14. "Overview of the Authorization-Appropriations Process," CRS Report RS20371, November 26, 2012 (5-page PDF) 15. "Points of Order in the Congressional Budget Process," CRS Report 97-865, October 20, 2015 (21-page PDF) 16. "The Budget Control Act: Frequently Asked Questions," CRS Report R44874, February 23, 2018 17. "Budget 'Sequestration' and Selected Program Exemptions and Special Rules," CRS Report R42050, June 13, 2013 (35-page PDF) 18. "Continuing Resolutions: Overview of Components and Recent Practices," CRS Report R42647, January 14, 2016 19. Additional Resources Federal Budget Links and Research Tools Laws, web sites, and books TCNBudget.com Custom On-Site Training Understanding Congressional Budgeting and Appropriations, TCNUCBA.com Advanced Federal Budget Process, TCNAFBP.com Congressional Dynamics and the Legislative Process, TCNCDLP.com Capitol Learning Audio Courses TM Appropriations Process in a Nutshell with James Saturno, ISBN 1-58733-043-1 Authorizations and Appropriations in a Nutshell with James Saturno, ISBN 1-58733-029-6 The Federal Budget Process with Philip Joyce, ISBN 1-58733-083-0 IndexFederalBudgetProcess.com
Book Synopsis United States of America Congressional Record, Proceedings and Debates of the 113th Congress Second Session Volume 160 - Part 6 by :
Download or read book United States of America Congressional Record, Proceedings and Debates of the 113th Congress Second Session Volume 160 - Part 6 written by and published by . This book was released on with total page 1504 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Congressional Record by : United States. Congress
Download or read book Congressional Record written by United States. Congress and published by . This book was released on 2012 with total page 1478 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Restoring America's Fiscal Constitution by : John D. Merrifield
Download or read book Restoring America's Fiscal Constitution written by John D. Merrifield and published by Lexington Books. This book was released on 2017-09-28 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book proposes new fiscal rules to address the debt crisis, including a balanced budget amendment and a deficit-debt brake. It estimates the impact of the proposed rules on the economy over the next two decades.
Download or read book Debt Limit written by D. Andrew Austin and published by DIANE Publishing. This book was released on 2010-06 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contents: (1) Introduction: The Debt Limit and the Treasury; Why Have a Debt Limit?; (2) A Brief History of the Federal Debt Limit: Origins of the Federal Debt Limit; World War II and After; (3) The Debt Ceiling in the Last Decade: The Debt Limit Issue in 2002: Resolving the Debt Limit Issue in 2002; The Debt Limit Issue in 2003; The Debt Limit Issue in 2004; The Debt Limit Issue in 2005, 2006, and 2007; The Economic Slowdown and Federal Debt; Fiscal Policy Considerations; Raising the Debt Ceiling in 2008 and 2009; Revised Deficit Estimates; (4) Concluding Comments; (5) Further Reading. Charts and tables.
