Title: A bill to amend the Balanced Budget and Emergency Deficit Control Act of 1985 to extend the discretionary spending limits.
Policy area: Economics and Public Finance

Summary:
This bill establishes annual discretionary spending limits for FY2022-FY2024. (Discretionary spending is spending that is controlled through the appropriations process.)

[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[S. 3007 Placed on Calendar Senate (PCS)]

<DOC>





                                                       Calendar No. 148
117th CONGRESS
  1st Session
                                S. 3007

To amend the Balanced Budget and Emergency Deficit Control Act of 1985 
              to extend the discretionary spending limits.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            October 19, 2021

 Mr. Braun introduced the following bill; which was read the first time

                            October 20, 2021

            Read the second time and placed on the calendar

_______________________________________________________________________

                                 A BILL


 
To amend the Balanced Budget and Emergency Deficit Control Act of 1985 
              to extend the discretionary spending limits.

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

SECTION 1. EXTENSION OF DISCRETIONARY SPENDING LIMITS.

    Section 251(c) of the Balanced Budget and Emergency Deficit Control 
Act of 1985 (2 U.S.C. 901(c)) is amended--
            (1) in paragraph (7)(B), by striking ``and'' at the end; 
        and
            (2) by inserting after paragraph (8) the following:
            ``(9) for fiscal year 2022--
                    ``(A) for the revised security category, 
                $684,930,000,000 in new budget authority; and
                    ``(B) for the revised nonsecurity category, 
                $639,030,000,000 in new budget authority;
            ``(10) for fiscal year 2023--
                    ``(A) for the revised security category, 
                $698,628,600,000 in new budget authority; and
                    ``(B) for the revised nonsecurity category, 
                $651,810,600,000 in new budget authority; and
            ``(11) for fiscal year 2024, and each fiscal year 
        thereafter--
                    ``(A) for the revised security category, the 
                baseline amount of new budget authority estimated for 
                the revised security category for such fiscal year by 
                the Office of Management and Budget in accordance with 
                section 257; and
                    ``(B) for the revised nonsecurity category, the 
                baseline amount of new budget authority estimated for 
                the revised nonsecurity category for such fiscal year 
                by the Office of Management and Budget in accordance 
                with section 257;''.
                                                       Calendar No. 148

117th CONGRESS

  1st Session

                                S. 3007

_______________________________________________________________________

                                 A BILL

To amend the Balanced Budget and Emergency Deficit Control Act of 1985 
              to extend the discretionary spending limits.

_______________________________________________________________________

                            October 20, 2021

            Read the second time and placed on the calendar