lcalvobartolome/proxann_data huggingface dataset:
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2013-12-17 00:00:00

Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to prohibit the Office of Management and Budget (OMB) from implementing the otherwise required 50% sequestrations for FY2014 and FY2015 of discretionary appropriations and direct spending accounts within function 050 (defense function) under the Act.

Requires OMB instead to reduce such discretionary appropriations and direct spending amounts by $15 billion for FY2014 and $30 billion for FY2015.

Requires OMB for each of FY2016-FY2021 to increase the otherwise applicable amount of the reduction to such discretionary appropriations and direct spending accounts by different specified amounts. (Thus implements the originally required cuts, in their entirety, over the duration of sequestration.)

Requires:

 OMB to issue a revised sequestration preview report for FY2014 and a revised report on the Joint Committee reductions for FY2014 to reflect the amendments made by this Act, and the President to issue a revised sequestration order of direct spending budgetary reductions for FY2014.
Topic: Macroeconomics — National Budget
Subject: Armed forces and national security
Date: 2014-01-27 00:00:00

Repeals a provision of the Bipartisan Budget Act of 2013 that reduces the cost-of-living adjustment to the retirement pay of members of the Armed Forces under age 62.
Topic: Macroeconomics — National Budget
Subject: Health
Date: 2014-03-06 00:00:00

Medicare Protection Act - Expresses the sense of the Senate that: (1) the eligibility age under title XVIII (Medicare) of the Social Security Act should not be increased, and (2) the Medicare program should not be privatized or turned into a voucher system.

Amends the Congressional Budget and Impoundment Control Act of 1974, with respect to extraneous matter in reconciliation legislation, to require a provision to be considered extraneous if it eliminates or reduces guaranteed benefits for individuals entitled to, or enrolled for, benefits under Medicare or restricts the eligibility for such program. (Thus subjects such a provision to a point of order and stricken from the bill.)
Topic: Macroeconomics — National Budget
Subject: Public lands and natural resources
Date: 2014-03-11 00:00:00

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

National Park Access Act - Requires the National Park Service to refund to each state all of the funds that it used to reopen and temporarily operate a unit of the National Park System during the government shutdown in October 2013 in which there was a lapse in appropriations for that unit.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2014-05-21 00:00:00

Accurate Budgeting Act - Amends the Congressional Budget Act of 1974 to require the Joint Committee on Taxation to prepare for each major revenue bill or resolution, reported by specified congressional tax committees or considered on the floor of either chamber, as a supplement to Congressional Budget Office (CBO) cost estimates, a macroeconomic impact analysis of the budgetary effects of the legislation for: (1) the 10-fiscal year period beginning with the first fiscal year for which such estimate was prepared, and (2) each of the next three 10-fiscal year periods.

Defines "major revenue bill or resolution" as a bill, resolution, or conference report for which either:

 the sum of the positive changes in revenues resulting from such measure (not including the impact of any timing shifts for the due date for estimated corporate income tax payments) for any fiscal year in the period for which a CBO cost estimate is prepared, or the absolute value of the sum of the negative changes in revenues resulting from such measure, is greater than 0.25% of the current projected U.S. gross domestic product (GDP) for that fiscal year.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2014-06-03 00:00:00

Budget and Accounting Transparency Act of 2014 - Amends the Federal Credit Reform Act of 1990 (FCRA) (title V of the Congressional Budget Act of 1974) to revise the budgetary treatment of federal direct loans and loan guarantees to account for them on a fair value basis. 

 Requires the President's budget to reflect the costs of direct loan and loan guarantee programs by including the planned level of new direct loan obligations or loan guarantee commitments associated with each appropriations request. Requires agency estimates with and without a risk component that reflects the impact of using a fair value estimate to account for market risk.

Requires new budget authority and funding limitations for the cost of new direct loan obligations or loan guarantee commitments to be provided in advance. Prohibits modifications that increase costs unless budget authority has been provided in advance. Defines "cost" to include the risk component. Includes exemptions. 







Amends the Balanced Budget and Emergency Deficit Control Act of 1985 to permit adjustment of discretionary spending limits for this Act.



Changes the budgetary treatment of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac).
Topic: Macroeconomics — National Budget
Subject: Health
Date: 2014-06-18 00:00:00

Medicare Protection Act - Expresses the sense of the Senate that: (1) the eligibility age under title XVIII (Medicare) of the Social Security Act should not be increased, and (2) the Medicare program should not be privatized or turned into a voucher system.

Amends the Congressional Budget and Impoundment Control Act of 1974, with respect to extraneous matter in reconciliation legislation, to require a provision to be considered extraneous if it eliminates or reduces guaranteed benefits for individuals entitled to, or enrolled for, benefits under Medicare or restricts the eligibility for such program. (Thus subjects such a provision to a point of order and stricken from the bill.)
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2014-06-19 00:00:00

One Percent Spending Reduction Act of 2014 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to establish and enforce new spending caps. Establishes the aggregate outlay cap (less net interest payments) for FY2015 at $3.774 trillion, less 1%. Reduces the outlay cap for FY2016-FY2017 by 1% of the previous fiscal year's outlay cap.

Requires the outlay cap for FY2018 and subsequent fiscal years to be 18% of the gross domestic product (GDP) for that fiscal year as estimated by the Office of Management and Budget (OMB). Prohibits outlays from being less than those for the preceding fiscal year for any fiscal year beginning with FY2019.

Requires OMB to enforce the spending caps using a sequestration to eliminate any excess spending through automatic cuts. Eliminates most exemptions from sequestration.



Permits the budget committees to report a resolution directing the committees of their respective chambers to change existing law to achieve the spending reductions necessary to meet the outlay limits if a sequestration is projected.





Amends the Congressional Budget Act of 1974 to create procedures for the House and Senate to enforce the outlay caps established in this Act.
Topic: Macroeconomics — National Budget
Subject: Government operations and politics
Date: 2014-09-18 00:00:00

Federal Debt Management Act of 2014 - Limits the Department of the Treasury's authority to manage the debt of the United States by using extraordinary measures to prevent the public debt limit from being exceeded.

Limits the authority of the Secretary of the Treasury to suspend the investing of amounts or the issuance of obligations for the Civil Service Retirement and Disability Fund, the Thrift Savings Fund, the Exchange Stabilization Fund, or any other fund or account for the purposes of preventing the public debt of the United States from exceeding the public debt limit.

Requires the Secretary to submit to Congress additional information regarding the Daily Treasury Statement, including: (1) all cash flow and debt transaction information used in preparing the Daily Treasury Statement, and (2) forecasts for the cash flow and debt transactions of the federal government.
Topic: Macroeconomics — National Budget
Subject: Government operations and politics
Date: 2014-12-08 00:00:00

Regulatory Cost Assessment Act of 2014 - Amends the Congressional Budget Act of 1974 to establish and enforce a federal regulatory budget.

Requires the Office of Management and Budget (OMB) and the Congressional Budget Office (CBO) to 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.

Requires CBO to submit: (1) a baseline projecting the federal regulatory cost over at least five fiscal years, (2) analysis of the regulatory cost of legislation reported by congressional committees, and (3) look-back reviews comparing CBO estimates with actual costs.

Requires a concurrent resolution on the budget to include levels for the federal regulatory cost for at least five fiscal years. Establishes a process for allocating the totals among congressional committees and subcommittees, programs, and major functional categories. Establishes a point of order against legislation that would cause the allocations to be exceeded and specifies requirements for waiving the point of order.

Requires the President's budget to include an analysis of the cost of compliance with current and proposed federal regulations and proposals for complying with the levels and allocations established under this Act.

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

Requires federal agencies and the Government Accountability Office to provide reports and cost estimates for specified regulations.
Topic: Macroeconomics — National Budget
Subject: Congress
Date: 2014-05-08 00:00:00

Do Your Job Act - Prohibits either chamber from recessing or standing adjourned, between enactment of this Act and enactment of a concurrent budget resolution setting a deficit level of $0 or a surplus by FY2024, for a period that exceeds 24 hours.

Requires each Member of Congress to submit a budget for the fiscal year for official travel by the Member and the Member's employees to: (1) the Secretary of the Senate for a Senator, and (2) the Chief Administrative Officer of the House of Representative for a Member of the House.

Rescinds, effective on October 1 of each fiscal year, any unobligated amounts made available for official travel by a Member of Congress or his or her employee during the previous fiscal year. Requires rescinded funds to be used for deficit reduction.
Topic: Macroeconomics — National Budget
Subject: Public lands and natural resources
Date: 2014-05-13 00:00:00

Keeping Public Lands Open Act - Provides that if an appropriations measure for a covered account for a fiscal year is not enacted before the beginning of that fiscal year and a joint resolution making continuing appropriations for such account is not in effect, such sums as necessary shall be made available without further appropriation to continue any activity for which funds were provided from such account in the preceding fiscal year.

Defines "covered account" to mean specified appropriation accounts of: (1) the Department of the Interior for the U.S. Fish and Wildlife Service, including amounts for activities of the National Wildlife Refuge System, habitat conservation, the Migratory Bird Conservation Account, the North American Wetlands Conservation Fund, the National Fish and Wildlife Foundation, and land acquisition; (2) the Department of the Interior for the Bureau of Land Management (BLM), including amounts for the National Landscape Conservation System, land acquisition, and the activities of recreation management, resource protection, and maintenance; (3) the Department of the Interior for the National Park Service, including amounts for land acquisition and state assistance; and (3) the Department of Agriculture (USDA) for the Forest Service, including amounts for land acquisition, law enforcement operations, and the activities of recreation, heritage, and wilderness.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-01-06 00:00:00

This bill makes 1% across-the-board rescissions in discretionary spending for FY2015 and FY2016, excluding spending for defense, homeland security, and veterans affairs. It also requires the Office of Management and Budget to submit a report to Congress specifying the account and amount of each rescission made pursuant to this bill.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-01-06 00:00:00

This bill makes 2% across-the-board rescissions in discretionary spending for FY2015 and FY2016, excluding spending for defense, homeland security, and veterans affairs. It also requires the Office of Management and Budget to submit a report to Congress specifying the account and amount of each rescission made pursuant to this bill.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-01-06 00:00:00

This bill makes 5% across-the-board rescissions in discretionary spending for FY2015 and FY2016, excluding spending for defense, homeland security, and veterans affairs. It also requires the Office of Management and Budget to submit a report to Congress specifying the account and amount of each rescission made pursuant to this bill.
Topic: Macroeconomics — National Budget
Subject: Social welfare
Date: 2015-01-06 00:00:00

Prohibits disinvestment of the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, and the Federal Hospital Insurance Trust Fund amounts from public debt obligations, any refraining from making such investments, or any delay in making normal deposits in such Trust Funds for public debt limit-related purposes. Authorizes, with certain conditions, the sale of Trust Fund public debt obligations for the payment of cash benefits and administrative expenses.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-01-06 00:00:00

Budget and Accounting Transparency Act of 2015

This bill amends the Congressional Budget Act of 1974 to revise the budgetary treatment of federal loans and loan guarantees to account for them on a fair value basis. Under a fair value approach, costs are measured using market rates rather than the lower Treasury interest rates currently used.

Estimates for loan guarantees and direct loans in the President's budget are required to include a risk component that reflects the impact of using a fair value estimate to account for market risk. A risk component must also be included in estimates used for requirements under current law that appropriations be provided in advance for the costs of new direct loans, loan guarantees, or modifications that increase costs.

The bill amends the Balanced Budget and Emergency Deficit Control Act of 1985 to permit adjustments to discretionary spending limits for this Act.

The bill also changes the budgetary treatment of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac).

 Agency budget justification materials are required to be posted on the public website of the agency on the same day the materials are submitted to Congress.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-01-06 00:00:00

Ensuring the Full Faith and Credit of the United States and Protecting America's Soldiers and Seniors Act

 Requires the following to take equal priority over all other federally incurred obligations in the event that the public debt reaches the statutory limit: (1) the authority of the Department of the Treasury to pay with legal tender the principal and interest on debt held by the public; (2) the authority of the Commissioner of Social Security to pay monthly Old Age, Survivors and Disability Insurance benefits under title II of the Social Security Act; and (3) the payment of pay and allowances for members of the Armed Forces on active duty.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-01-06 00:00:00

Transparency on Prioritizing Spending Act 

This bill requires the President to submit a report to Congress detailing the priority of paying obligations of the federal government in the event that the statutory debt limit is reached. The report must be submitted no later than 30 days after enactment of this Act.
Topic: Macroeconomics — National Budget
Subject: Congress
Date: 2015-01-07 00:00:00

No Budget, No Pay Act

Prohibits the payment of any pay to any Member of Congress (excluding the Vice President): (1) if both houses of Congress have not approved a concurrent resolution on the budget for a fiscal year before October 1 of that fiscal year and have not passed all the regular appropriations bills for the next fiscal year by such date, or (2) until both houses of Congress approve such a budget resolution and pass all such appropriations bills. Prohibits any retroactive pay for such a period.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-01-08 00:00:00

Defending Veterans from Sequestration Act of 2015

Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to exempt administrative expenses of the Department of Veterans Affairs from any presidential sequestration order issued under that Act.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-01-12 00:00:00

Long-Term Studies of Comprehensive Outcomes and Returns for the Economy Act (Long-Term SCORE Act) 

This bill amends the Congressional Budget Act of 1974 to require the Congressional Budget Office (CBO) to prepare long-term cost estimates for legislation reported by congressional committees. It also establishes a long-term budget scoring division within CBO. The bill requires the long-term estimates to cover at least each of the next four ten-year periods. CBO currently provides cost estimates over a 5- or10-year period.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-02-02 00:00:00

This bill permits the President to delay the submission of the budget for a fiscal year if appropriations or continuing appropriations for any of the annual bills have only been provided for part of the current fiscal year. The President is permitted to delay the submission of the budget beyond the existing first Monday in February deadline until all full-year appropriations for the current fiscal year have been enacted.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-02-03 00:00:00

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Default Prevention Act 

(Sec. 2) This bill requires the Department of the Treasury to continue to borrow to pay the principal and interest on certain obligations if the debt of the United States exceeds the statutory limit.

 If the debt limit is exceeded, Treasury is required to issue obligations solely for the payment of the principal and interest on debt held by the public or the Social Security trust funds. The bill prohibits Treasury from using obligations issued under this bill to compensate Members of Congress.

If Treasury exercises authority provided by this bill, a report must be submitted to Congress including an accounting of: (1) the principal on mature obligations and interest that is due or accrued, and (2) obligations issued under this bill.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-02-05 00:00:00

Cancel the Sequester Act of 2015 

This bill repeals provisions of the Balanced Budget and Emergency Deficit Control Act of 1985 that authorize sequestration to enforce specified deficit reduction goals. Sequestration is a process of automatic, usually across-the-board spending reductions under which budgetary resources are permanently cancelled to enforce specific budget policy goals.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-02-12 00:00:00

Balanced Budget Accountability Act

 Requires each house of Congress to adopt a concurrent budget resolution for a fiscal year which provides that, for each fiscal year for which a budget is provided under the resolution (beginning by FY2025), total outlays do not exceed total receipts and are not more than 18% of the gross domestic product for such fiscal year.

Requires the Director of the Congressional Budget Office (CBO), upon the adoption by a chamber of a concurrent budget resolution for a fiscal year, to transmit to the Speaker of the House of Representatives or the President pro Tempore of the Senate (as the case may be) a certification as to whether or not that chamber has met the requirements of this Act with respect to the resolution.

Requires the appropriate payroll administrator of each chamber to deposit in an escrow account all mandatory payments for compensation of Members of Congress serving in that chamber if CBO does not certify that it has adopted a concurrent budget resolution for FY2016 before April 16, 2015.

Requires deposits to begin on such date and to be released to appropriate Members on the earlier of:

 the day on which CBO certifies that the chamber has met the requirements of this Act with respect to FY2016, or the last day of the 114th Congress. Sets forth the same requirements for FY2017 if CBO does not certify that a chamber has adopted a concurrent budget resolution for FY2017 before April 16, 2016.

Requires legislation in the House and Senate that increases revenue to be agreed upon only by an affirmative vote of three-fifths of the Members of that chamber.
Topic: Macroeconomics — National Budget
Subject: Government operations and politics
Date: 2015-02-24 00:00:00

DHS Employee Retroactive Pay Fairness Act

This bill requires federal employees furloughed due to a lapse in appropriations when funding for the Department of Homeland Security expires under current law on February 27, 2015, to be compensated after the lapse in appropriations ends.
Topic: Macroeconomics — National Budget
Subject: Congress
Date: 2015-02-24 00:00:00

No Homeland Security, No Pay Act

Requires the appropriate payroll administrator of each house of Congress to withhold a portion of the pay of a Member of Congress during a shutdown of the Department of Homeland Security (DHS) equal to the product of one day's worth of pay under the annual rate and the number of 24-hour periods during which the DHS shutdown is in effect.

Requires any amount of pay of a Member of Congress in the 114th Congress that is withheld due to a DHS shutdown to be held in escrow until the last day of the 114th Congress and released for payment to Members at that time.
Topic: Macroeconomics — National Budget
Subject: Finance and financial sector
Date: 2015-02-24 00:00:00

Makes any sequestration ordered by the President under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) inapplicable to funding of the standard setting body designated by the Securities and Exchange Commission to establish accounting principles "generally accepted" for securities laws.
Topic: Macroeconomics — National Budget
Subject: Finance and financial sector
Date: 2015-02-24 00:00:00

Makes any sequestration ordered by the President under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) inapplicable to funding of the Securities Investor Protection Corporation.