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[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4060 Introduced in House (IH)]

112th CONGRESS
  2d Session
                                H. R. 4060

To amend the Balanced Budget and Emergency Deficit Control Act of 1985 
to cap the level of Federal spending at $949 billion for each of fiscal 
            years 2013 through 2021, and for other purposes.

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                           February 16, 2012

 Mr. Fleischmann introduced the following bill; which was referred to 
                      the Committee on the Budget

_______________________________________________________________________

                                 A BILL

 
To amend the Balanced Budget and Emergency Deficit Control Act of 1985 
to cap the level of Federal spending at $949 billion for each of fiscal 
            years 2013 through 2021, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Freeze Government Spending Act of 
2012''.

SEC. 2. DISCRETIONARY SPENDING LIMITS.

    Section 251(c) of the Balanced Budget and Emergency Deficit Control 
Act of 1985 is amended to read as follows:
    ``(c) Discretionary Spending Limit.--As used in this part, the term 
`discretionary spending limit' means, with respect to each of fiscal 
years 2013 through 2021, for the discretionary category, 
$949,000,000,000 in new budget authority, as adjusted in strict 
conformance with subsection (b).''.

SEC. 3. SECTION 251A DIRECT SPENDING SEQUESTRATION.

    (a) In General.--Section 251A of the Balanced Budget and Emergency 
Deficit Control Act of 1985 is amended to read as follows:

``SEC. 251A. DIRECT SPENDING ENFORCEMENT OF BUDGET GOAL.

    ``(a) Direct Spending Sequestration.--On January 2, 2013, for 
fiscal year 2013 and in its sequestration preview reports for fiscal 
years 2014 through 2021 pursuant to section 254(c), OMB shall state 
that the net amount of reduction in nonexempt direct spending accounts 
shall be $18,333,000,000 for each of fiscal years 2013 through 2020 and 
$18,336,000,000 for fiscal year 2021 and the sequestration percentage 
necessary to achieve that reduction in nonexempt direct spending 
accounts for the applicable fiscal year.
    ``(b) Implementing Direct Spending Reductions.--On the date 
specified in subsection (a) during each applicable year, OMB shall 
prepare and the President shall order a sequestration, effective upon 
issuance, of nonexempt direct spending to achieve the direct spending 
reduction set forth in that subsection. When implementing the 
sequestration of direct spending pursuant to this subsection, OMB shall 
follow the procedures specified in section 6 of the Statutory Pay-As-
You-Go Act of 2010, the exemptions specified in section 255, and the 
special rules specified in section 256, except that the percentage 
reduction for the Medicare programs specified in section 256(d) shall 
not be more than 2 percent for a fiscal year.
    ``(c) Adjustment for Medicare.--If the percentage reduction for the 
Medicare programs would exceed 2 percent for a fiscal year in the 
absence of subsection (b), OMB shall increase the reduction for all 
other direct spending by a uniform percentage to a level sufficient to 
achieve the reduction required by subsection (a).
    ``(d) Implementation of Reductions.--Any reductions imposed under 
this section shall be implemented in accordance with section 256(k).
    ``(e) Report.--On the dates specified in subsection (a), OMB shall 
submit a report to Congress containing information about the 
calculations required under this section, a listing of the reductions 
required for each nonexempt direct spending account, and any other data 
and explanations that enhance public understanding of this title and 
actions taken under it.''.
    (b) Conforming Amendment.--The item relating to section 251A in the 
table of contents set forth in section 250(a) of the Balanced Budget 
and Emergency Deficit Control Act of 1985 is amended to read as 
follows:

``Sec. 251A. Direct spending enforcement of budget goal.''.
                                 <all>
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