To amend the Congressional Budget Act of 1974 to establish that reconciliation directives in a budget resolution may not cause a net increase in the deficit for the period of fiscal years covered by that resolution.

Bill: 117-hr-4988
Sponsor: full_name: Rep. Case, Ed [D-HI-1]
Introduced: 2021-08-10
Policy area: Economics and Public Finance
Latest action: action_date: 2021-08-10
text: Referred to the Committee on Rules, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Summaries:
action_date: 2021-08-10
action_desc: Introduced in House
text: <p>This bill prohibits congressional budget resolutions from including reconciliation instructions that would cause a net increase in the deficit for the period of fiscal years covered by the resolution. </p> <p>(Reconciliation instructions generally direct congressional committees to report legislation to achieve certain budgetary goals by changing laws that affect spending, revenue, or the debt limit. The legislation is then considered by Congress using expedited legislative procedures, which limit debate and amendments.)</p>

tv_txt: I 117th CONGRESS 1st Session H. R. 4988 IN THE HOUSE OF REPRESENTATIVES August 10, 2021 Mr. Case introduced the following bill; which was referred to the Committee on Rules , and in addition to the Committee on the Budget , for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned A BILL To amend the Congressional Budget Act of 1974 to establish that reconciliation directives in a budget resolution may not cause a net increase in the deficit for the period of fiscal years covered by that resolution.

1. Increase in deficit prohibited under reconciliation directives Section 310(a) of the Congressional Budget Act of 1974 is amended— (1) in paragraph (3) by striking or at the end; (2) in paragraph (4) by striking the period at the end and inserting ; or ; and (3) by adding the following new paragraph at the end: (5) not specify in paragraphs (1) and (2), when taken together, amounts that would have the effect of increasing the deficit for the period of fiscal years covered by such resolution. .