lcalvobartolome/proxann_data huggingface dataset:
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-09-08 00:00:00

Debt Management and Fiscal Responsibility Act of 2015 

(Sec. 2) This bill requires the Secretary of the Treasury to provide a report to Congress prior to any date on which the Secretary anticipates the public debt will reach the statutory limit.

The Secretary must appear before the House Ways and Means Committee and the Senate Finance Committee to submit a report including:

 historic, current, and projected levels of debt; historic levels of revenue; the drivers and composition of future debt; how the United States will meet debt obligations if the debt limit is raised; reduction measures Treasury intends to take to fund obligations if the debt limit is not raised; and the President's recommendation regarding a balanced budget amendment to the U.S. Constitution. The Secretary must also provide a detailed explanation of:

 proposals to reduce the debt and a progress report on implementing them; the impact an increased debt limit will have on future spending, debt service, and the position of the U.S. dollar as the international reserve currency; projections of the fiscal health and sustainability of major entitlement programs (including Social Security, Medicare, and Medicaid); measures Treasury is taking or intends to take to avoid default, including a plan to publicly disclose the details; and Treasury's capability to pay only principal and interest on the debt if the limit is reached. Treasury must make the information required by this bill available to the public on its website.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-09-10 00:00:00

Prevent a Government Shutdown Act of 2015 

This bill requires the congressional leadership of both parties to appoint an equal number of individuals to negotiate legislation to: (1) increase the security and nonsecurity discretionary spending limits equally for both FY2016 and FY2017, and (2) reduce the deficit by the amount deemed appropriate.

 If a majority of the appointees approve the measure, Congress must consider the legislation using expedited legislative procedures included in the Budget Control Act of 2011.

If the legislation is not enacted prior to October 1, 2015, the bill amends the Balanced Budget and Emergency Deficit Control Act of 1985 to increase the discretionary spending limits by specified amounts and eliminate the automatic spending cuts required in FY2016 and FY2017 by sequestration under current law.
Topic: Macroeconomics — National Budget
Subject: Government operations and politics
Date: 2015-09-17 00:00:00

Audit U.S. Departments to Insulate Taxpayers Act of 2015 or the AUDIT Act 

This bill directs the Government Accountability Office (GAO) to submit to Congress within 90 days the required annual report identifying programs, agencies, offices, and initiatives with duplicative goals and activities. The report includes the cost of the duplication and recommendations for consolidation and elimination to reduce the duplication.The GAO must also include with the report a legislative proposal that implements the recommendations. The bill establishes expedited procedures for congressional consideration of legislation based on the report.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-10-08 00:00:00

Prevent a December Government Shutdown Act of 2015 

This bill requires the congressional leadership of both parties to appoint an equal number of individuals to negotiate legislation to: (1) increase the security and nonsecurity discretionary spending limits equally for FY2016, and (2) reduce the deficit by the amount deemed appropriate.

 If a majority of the appointees approve the measure, Congress must consider the legislation using expedited legislative procedures included in the Budget Control Act of 2011.

If the legislation is not enacted prior to November 17, 2015, the bill amends the Balanced Budget and Emergency Deficit Control Act of 1985 to increase the FY2016 discretionary spending limits by specified amounts and eliminate the automatic spending cuts required in FY2016 by sequestration under current law.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-10-09 00:00:00

Responsibly Paying Our Nation's Bills Act 

 This bill suspends the public debt limit until January 1, 2017. On January 1, 2017, the debt limit is increased to accommodate obligations issued during the suspension period.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-10-09 00:00:00

Debt Ceiling Alternative Act 

This bill establishes requirements for prioritizing obligations and selling federal assets if the federal debt reaches the statutory limit.

If the Department of the Treasury estimates that the debt will reach the limit during a quarter, the President must ensure that the amount deposited in the Treasury from selling federal assets, disposing of real property, and rescinding unobligated balances is sufficient to prevent the debt from reaching the limit.

To comply with this bill, the President may order the sale of assets, including:

 mortgages and real estate held by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), and mortgage-backed securities held by the Board of Governors of the Federal Reserve System or any federal reserve bank. The Office of the Management and Budget must establish a Federal Real Property Disposal Pilot Program, under which real property that is not meeting federal government needs may be disposed of using expedited procedures.

If a federal budget deficit exists in 2015 and no later than July 16, 2016, the President may rescind any unobligated balances of funds provided before FY2010.

If the debt reaches the statutory limit, the Department of the Treasury may issue additional obligations solely to pay the principal and interest on debt held by the public and the Social Security trust funds. Obligations issued under this authority are exempt from the debt limit.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-10-20 00:00:00

Protect America's Credit Act of 2015

This bill revises the statutory debt limit to: (1) apply the limit only to debt held by the public, and (2) require annual adjustments to the limit to account for increases in the gross domestic product.

(Under current law, the debt limit applies to debt held by the public and debt held by government accounts. Debt held by the public consists mainly of securities issued by the Treasury and held by investors. Debt held by the government is debt issued to the federal government's trust funds for programs such as Social Security, Medicare, and military and civil service retirement benefits.)
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-10-20 00:00:00

Pay Down the Debt Act of 2015 

This bill amends the Congressional Budget Act of 1974 to establish a legislative process to stabilize the debt using the prior year's ratio of debt held by the public to the estimated gross domestic product (GDP) as a target.

 The Congressional Budget Office (CBO) and the Office of Management and Budget (OMB) must report annually on whether the target will be exceeded in any of the five ensuing fiscal years.

If the OMB reports that the target will be exceeded in any year between FY2017-FY2025, the President's budget for that year must include legislative recommendations to achieve the target.

If the CBO reports that the target will be exceeded in any year between FY2017-FY2025:

 the congressional budget resolution for that year must include reconciliation instructions directing congressional committees to recommend legislation to achieve the target, or any Member of Congress may introduce a bill to reach the target, to be considered using expedited legislative procedures if Congress has not agreed to a budget resolution by June 15th that meets the requirements. If debt stabilization legislation is required, Congress may not consider legislation increasing mandatory budget authority or decreasing revenues until the debt legislation has been agreed to and sent to the President.

The requirements imposed by this bill are suspended if: (1) the Department of the Treasury estimates that real GDP for a year will grow by less than 1% compared to the prior year, or (2) a joint resolution is enacted stating that the debt stabilization legislation would cause or exacerbate an economic downturn.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-10-21 00:00:00

End Government Shutdowns Act 

This bill provides specified continuing appropriations to prevent a government shutdown if any appropriations measure for a fiscal year has not been enacted before the beginning of the fiscal year or a joint resolution making continuing appropriations is not in effect. The appropriations are provided to continue to fund programs, projects, and activities for which funds were provided in the preceding fiscal year.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-10-21 00:00:00

America First Act 

This bill increases discretionary spending limits, repeals sequestration for direct spending, and includes offsets that change direct spending programs and tax provisions.

The bill amends the Balanced Budget and Emergency Deficit Control Act of 1985 to increase the discretionary spending limits for FY2016-FY2025 and to eliminate the sequestration for direct spending that is required under current law.

The bill permanently extends two expansions of the Earned Income Tax Credit, limits tax deductions for high-income individuals, and repeals the medical device tax included in the Patient Protection and Affordable Care Act.

In the health care area, the bill expands means-testing for Medicare, changes certain Medicare cost-sharing requirements and benefits, reduces the Medicaid provider tax threshold, and changes procedures for medical malpractice cases.

The bill changes the measure of inflation that is used for tax provisions and benefits under spending programs such as Social Security to the Chained Consumer Price Index. It also indexes several user fees for inflation, including customs user fees and Transportation Security Administration fees.

The bill decreases the dividend payment that the Federal Reserve pays on stocks held by member banks to participate in the Federal Reserve System.

Federal Employees Retirement System contributions are increased for some current federal employees.

The Higher Education Act of 1965 is amended to consolidate and make several changes to income-based student loan repayment programs.

The Federal Crop Insurance Act is amended to reduce federal payments for crop insurance premium subsidies.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-10-22 00:00:00

Legally Binding Budget Act of 2015 

This bill amends the Congressional Budget Act of 1974 to replace the concurrent resolution on the budget required under current law with a legally binding joint resolution on the budget.

(Concurrent resolutions, which are currently used for congressional budget resolutions, address internal congressional matters, are not presented to the President for approval, and are not legally binding. A joint resolution is presented to the President after passing both chambers of Congress and has the force of law.)

At any time after the annual budget resolution has been enacted and before the end of the fiscal year, Congress and the President may enact a new budget resolution revising or reaffirming the most recently enacted budget resolution.

The contents of a budget resolution are limited to material that is permitted by the Congressional Budget Act of 1974. For purposes of congressional budget enforcement and the rules of the House and the Senate, the budget resolution is enforceable upon the earlier of enactment or 15 days following presentment to the President.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-10-22 00:00:00

Cost Estimates Reform Act of 2015 

This bill amends the Congressional Budget and Impoundment Control Act of 1974 to require any cost estimates prepared by the Congressional Budget Office or the Joint Committee on Taxation to include the cost of servicing the public debt.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-10-22 00:00:00

Pay Our Bills Act 

This bill permits the President to increase the statutory debt limit unless two-thirds of Congress votes to disapprove the increase.

If the President certifies to Congress that the debt is within $100 billion of the limit and a specified amount of further borrowing is necessary to meet existing commitments, the Department of the Treasury may borrow the specified amount unless a joint resolution of disapproval is enacted within 15 days after Congress receives the certification.

The debt limit is suspended from the date the President submits the certification to Congress until the earlier of: (1) 15 days after Congress receives the certification, or (2) enactment of a joint resolution of disapproval. After the suspension period ends, the limit is increased to accommodate obligations issued during the suspension period.

Congress must consider a joint resolution of disapproval using expedited legislative procedures specified in the bill. If the resolution is approved by Congress, the President may veto the resolution. If Congress votes to override the veto with a two-thirds vote of each chamber, the debt limit may not be increased, except as required during the suspension period.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-10-27 00:00:00

Protecting America's Solvency Act of 2015 

This bill increases the statutory debt limit by $1 trillion after Congress adopts a balanced budget Constitutional amendment and by an additional $1 trillion after the amendment is ratified by the states.

To comply with the requirements of this bill, the amendment must:

 prohibit total outlays for a year from exceeding receipts, excluding receipts derived from borrowing and outlays for repayment of debt principal; permit the deficit prohibition to be suspended by a majority of both houses of Congress in any year in which the United States is actively engaged in military conflict pursuant to a war declared by Congress or by a fourth-fifths vote in any other year; require the President to ensure that total outlays for a fiscal year do not exceed receipts and consider the failure to prevent a deficit to be an impeachable offense; permit any Member of Congress, governor, or attorney general to have standing and a cause of action to seek judicial enforcement of the amendment; prohibit the President, a court, or any state from ordering a tax increase or other revenue measures to enforce the requirements; and phase-in the requirements using a specified schedule of declining deficits.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2016-02-08 00:00:00

Funding Unpaid National Debt with Settlements Act or the FUNDS Act 

This bill requires funds collected by the federal government through legal settlements, fines, and penalties (excluding penalties or interest collected by the Internal Revenue Service under the Internal Revenue Code) to be deposited in the general fund of the Treasury for deficit reduction.

(Under current law, federal agencies are permitted to spend funds from certain settlements, fines, and penalties for specified purposes.)
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2016-02-09 00:00:00

Relief From Sequestration Act of 2016 

This bill amends the Balanced Budget and Emergency Deficit Control Act of 1985 to eliminate the sequestration, or automatic spending cuts, scheduled to occur because the Joint Select Committee on Deficit Reduction failed to recommend legislation to reduce the deficit by $1.2 trillion over 10 years, as required by the Budget Control Act of 2011.
Topic: Macroeconomics — National Budget
Subject: Science, technology, communications
Date: 2016-03-03 00:00:00

Help Americans Never Get Unwanted Phone Calls Act of 2016 or the HANGUP Act 

This bill amends the Communications Act of 1934 and the Bipartisan Budget Act of 2015 to repeal provisions that authorize the use of automated telephone equipment to call cellular telephones for the purpose of collecting debts owed to the U.S. government.
Topic: Macroeconomics — National Budget
Subject: Health
Date: 2016-03-10 00:00:00

Common Sense Savings Act of 2016

This bill amends title XIX (Medicaid) of the Social Security Act (SSAct) to specify how a state must treat qualified lottery winnings and lump sum income for purposes of determining an individual's income-based eligibility for a state Medicaid program. Specifically, a state shall include such winnings or income as income received: (1) in the month in which it was received, if the amount is less than $60,000; (2) over a period of two months, if the amount is at least $60,000 but less than $70,000; (3) over a period of three months, if the amount is at least $70,000 but less than $80,000; and (4) over an additional one-month period for each increment of $10,000 received, not to exceed 120 months.

Qualified lump sum income includes: (1) monetary winnings from gambling; (2) damages received in lump sums or periodic payments, excluding monthly payments, on account of causes of action other than those arising from personal physical injuries or sickness; and (3) income received as liquid assets from the estate of a deceased individual.

In addition, the bill eliminates the enhanced Federal Medical Assistance Percentage (FMAP) with respect to the coverage of individuals who are inmates in public institutions. Under current law, the enhanced FMAP applies to coverage of individuals who are newly eligible for Medicaid under the Patient Protection and Affordable Care Act (PPACA).

The bill also amends title XXI (Children's Health Insurance Program [CHIP]) of the SSAct to terminate increases to the enhanced FMAP as established by the PPACA with respect to CHIP.

Under current law, federal Medicaid reimbursement to states is reduced in proportion to any impermissible state taxes collected from health care providers. The bill lowers a percentage threshold used to determine whether such taxes are impermissible.

The bill terminates the Prevention and Public Health Fund.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2016-04-11 00:00:00

Risk Management and Homeowner Stability Act of 2016 

This bill amends the Congressional Budget Act of 1974 to prohibit the chairs of the congressional budget committees from counting increases to guarantee fees as offsets for budget enforcement purposes. The bill includes an exception for legislation that increases guarantee fees to finance reforms to the secondary mortgage market.

(Guarantee fees are charged by enterprises, such as the Federal National Mortgage Association [Fannie Mae] and the Federal Home Loan Mortgage Corporation [Freddie Mac], to guarantee the payment of principal and interest on loans. This bill prevents the fees from being used to offset provisions that increase the deficit in determining whether a budget point of order applies to legislation.)
Topic: Macroeconomics — National Budget
Subject: Labor and employment
Date: 2016-04-15 00:00:00

Pension and Budget Integrity Act of 2016 

This bill amends the Employee Retirement Income Security Act of 1974 (ERISA) to exclude the receipts and disbursements of the Pension Benefit Guaranty Corporation (PBGC) from the federal budget.

(The PBGC is a federal agency that insures the benefits of private sector, defined benefit pension plans. The PBGC receives no federal funds and is financed by insurance premiums paid by sponsors of the plans, investment income, assets from pension plans taken over by the PBGC, and recoveries from the companies formerly responsible for the plans.)
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2016-05-24 00:00:00

Article I Regulatory Budget Act 

This bill amends the Congressional Budget Act of 1974 and other laws to establish and enforce a federal regulatory budget.

The President's annual budget submission must include an analysis of the cost of compliance with current and proposed federal regulations and proposals for complying with the levels and allocations established pursuant to this bill.

The bill amends the Regulatory Flexibility Act to require agencies to provide additional analysis of the private sector costs for compliance with new regulations.

An agency may not issue certain guidance documents setting forth policies or interpretations regarding statutory, regulatory, or technical issues unless it has provided notice and an opportunity for comment.

A concurrent resolution on the budget must include levels for the federal regulatory cost for at least five years. The bill establishes a process for allocating the totals among congressional committees, agencies, programs, and major functional categories.

The bill establishes procedures for enforcing the requirements, including:

 points of order which may be raised against legislation to enforce the allocations, subject to a waiver by Congress; private rights of action in federal court; and a requirement for appropriations legislation to include enforcement provisions. The Congressional Budget Office (CBO) must submit: (1) a baseline projecting the federal regulatory cost over at least five years, (2) analysis of the federal regulatory cost of legislation reported by congressional committees, and (3) look-back reviews comparing CBO estimates with actual costs.

The Office of Management and Budget (OMB) and the CBO must submit jointly to the President and Congress an analysis of the cost and economic effects of federal regulations, including recommendations for improvements to the regulatory budgeting process.

Federal agencies and the Government Accountability Office must provide reports and cost estimates for specified regulations.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2016-07-06 00:00:00

One Percent Spending Reduction Act of 2016 

This bill amends the Balanced Budget and Emergency Deficit Control Act of 1985 to establish and enforce new spending caps.

The bill establishes an outlay cap (less net interest payments) for FY2017 of $3.645 trillion, less 1%. For each year from FY2018-FY2021, the bill reduces the outlay cap by 1% of the previous year's outlay cap.

For FY2022 and subsequent years, total outlays may not exceed 18% of the gross domestic product (GDP) for that year as estimated by the Office of Management and Budget (OMB). Beginning in FY2023, total projected outlays may not be less than the total projected outlays for the preceding year.

The OMB must enforce the spending caps using a sequestration to eliminate any excess spending through automatic cuts. The bill eliminates most of the existing exemptions from sequestration, with the exception of interest payments on the debt.

If the OMB projects a sequestration, the congressional budget committees may report a resolution directing congressional committees to change existing law to achieve the spending reductions necessary to meet the outlay limits.

The bill amends the Congressional Budget Act of 1974 to establish procedures for Congress to enforce the outlay caps established by this bill.