lcalvobartolome/proxann_data huggingface dataset:
Topic: Macroeconomics — National Budget
Subject: Congress
Date: 2016-07-14 00:00:00

Do Your Job Act 

This bill amends the rules of the Senate and the House of Representatives to prohibit a recess or adjournment longer than 24 hours until Congress agrees to a budget resolution that establishes a balanced budget no later than FY2026.

The bill also amends the Congressional Budget Act of 1974 to create points of order against resolutions providing for: (1) the adjournment of the House for more than three days during August until the House has approved all of the annual appropriation bills, or (2) the adjournment of either the House or the Senate for more than three days between October 1 and the duration of the session of Congress until all of the annual appropriation bills have been presented to the President.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2016-09-06 00:00:00

Returned Exclusively For Unpaid National Debt Act or the REFUND Act 

This bill rescinds federal funds identified by a state as unwanted and requires the funds to be used for debt reduction. The bill applies to federal funds required to be allocated by formula among all states that agree to use the funds for a specified purpose. To identify the funds as unwanted, a state legislature must pass a concurrent resolution, and the state must then notify the head of the federal agency responsible for allocating the funds. The Department of the Treasury must deposit the rescinded funds in the Gifts to the United States for Reduction of the Public Debt account, use the funds to reduce the debt, and submit an annual report to Congress identifying funds received.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2016-09-22 00:00:00

Accurate Accounting Act of 2016 

This bill amends the Congressional Budget Act of 1974 and the Budget Enforcement Act of 1990 to permit Social Security spending and revenues to be counted in the totals included in the congressional budget resolution and the President's budget.

The bill amends the Statutory Pay-As-You-Go Act of 2010 (PAYGO) to prohibit increases in Social Security revenues or decreases in Social Security spending from being counted as savings for the purpose of PAYGO rules that restrict legislation that increases the deficit.

(Under current law, the Social Security trust funds are off-budget and all budgetary effects are excluded from the budget totals and PAYGO calculations.)

The President must submit a budget for each department and agency that includes:

 a description of each activity for which funds were appropriated for the current year or requested for the budget year, the legal basis for each activity, three alternative funding levels and the priorities that could be accomplished with each, and measures of cost efficiency and effectiveness for each activity. The Office of Management and Budget must publish guidelines to require: (1) the baseline budget of each department or agency to be assumed to be zero, and (2) each proposed expenditure to be justified as if it were new.

The Government Accountability Office must revise a study of mandatory spending required under current law at least every five years.
Topic: Macroeconomics — National Budget
Subject: Government operations and politics
Date: 2015-01-06 00:00:00

Federal Debt Management Act of 2015 

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 Treasury's authority 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 Treasury 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: Economics and public finance
Date: 2015-01-07 00:00:00

Declares that, in the event the debt of the federal government reaches the statutory limit, the authority of the Department of the Treasury to pay with legal tender the principal and interest on debt held by the public, and 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, shall take priority over all other obligations incurred by the government.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-01-07 00:00:00

Prohibits the use of federal funds to purchase or guarantee obligations of, issue lines of credit to, or provide direct or indirect grants-and-aid to any state, municipal, local, or county government which, on or after January 26, 2011, has defaulted on its obligations, is at risk of defaulting, or is likely to default, without such federal assistance.

Prohibits the Secretary of the Treasury from using, directly or indirectly, general fund revenues or borrowed funds to purchase or guarantee any asset or obligation of any such state, municipal, local, or county government.

Prohibits the Board of Governors of the Federal Reserve System from: (1) providing or extending to, or authorizing with respect to, such a state, municipal, local, or county government, or other entity with taxing authority or bonding authority, any funds, loan guarantees, credits, or any other financial instrument or other authority, including bond purchases; or (2) otherwise assisting such a government entity under any Board authority.

Waives the application of this Act for federal assistance provided in response to a natural disaster.
Topic: Macroeconomics — National Budget
Subject: Armed forces and national security
Date: 2015-01-07 00:00:00

Ensuring Pay for Our Military Act

Requires the Secretary of the Treasury, during a funding gap impacting the Armed Forces, to make available to the Secretary of Defense (the Secretary), and the Secretary of Homeland Security in the case of the Coast Guard, out of any amounts in the general fund of the Treasury not otherwise appropriated, such amounts as necessary to continue to provide pay and allowances to members of the Army, Navy, Air Force, Marine Corps, and Coast Guard, including reserve components, who perform active service during the funding gap. Allows for the provision of such pay and allowances, at the discretion of the Secretary, to: (1) Department of Defense (DOD) civilian personnel providing support to such members, and (2) DOD contractor personnel providing direct support to such members.

 Defines "funding gap" as any period after the beginning of a fiscal year for which interim or full-year appropriations for the personnel accounts of the Armed Forces for that fiscal year have not been enacted.
Topic: Macroeconomics — National Budget
Subject: Public lands and natural resources
Date: 2015-01-12 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

 (Sec. 3) Requires the Director of 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 period in October 2013 in which there was a lapse in appropriations for that unit.

Funds of the National Park Service appropriated after the enactment of this Act shall be used to carry out this Act.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-01-13 00:00:00

Biennial Budgeting and Appropriations Act 

Amends the Congressional Budget Act of 1974 to require biennial (currently, annual) budget resolutions, biennial appropriations Acts, and biennial government strategic and performance plans.

States that budget biennium is the two consecutive fiscal years beginning on October 1 of any odd-numbered year.

Requires the Office of Management and Budget to report to Congress on the impact and feasibility of changing the definition of a fiscal year and the budget process based on that definition to a two-year fiscal period.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-01-21 00:00:00

Accurate Budgeting Act 

This bill amends the Congressional Budget Act of 1974 to require the Joint Committee on Taxation (JCT) to prepare a macroeconomic impact analysis for major revenue legislation. The estimates are required for revenue legislation considered on the floor of the House or Senate or reported by the House Ways and Means Committee or the Senate Finance Committee.

The macroeconomic impact analysis, commonly referred to as dynamic scoring, includes:

 the changes in economic output, employment, interest rates, capital stock, and tax revenues expected to result from the proposal; revenue feedback (changes in revenue resulting from changes in economic growth as a result of the proposal); and the assumptions and data used for the estimate. The bill requires JCT to prepare the analysis as a supplement to the revenue estimates currently required by the Congressional Budget Act of 1974.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-02-02 00:00:00

Dollar-for-Dollar Deficit Reduction Act 

This bill requires the Department of the Treasury to issue a debt limit warning to Congress if Treasury determines that the United States will reach the statutory debt limit within 60 days. The warning must include a determination of when extraordinary measures may be necessary to prolong the funding of the United States government in the absence of a debt limit increase.

Any formal Presidential request to increase the debt limit must include: (1) the amount of the proposed increase, and (2) proposed legislation to reduce spending over the sum of the current and following 10 years by at least the amount of the requested increase.

The bill amends the Congressional Budget Act of 1974 to create a point of order in the House and Senate against legislation increasing the debt limit, unless the legislation reduces spending over the sum of the current and following 10 years by at least the amount of the increase.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-02-02 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: 2015-02-05 00:00:00

Baseline Reform Act of 2015 

This bill amends the Balanced Budget and Emergency Deficit Control Act of 1985 and the Congressional Budget Act of 1974 to change the assumptions used in calculating the baseline for discretionary spending and to require budget estimates to be compared with the levels from the prior year.

The baseline is a projection of federal spending and receipts during the fiscal year under current law. This bill changes the assumptions used for the discretionary spending baseline to eliminate adjustments required under current law for inflation, expiring housing contracts, social insurance administrative expenses, pay adjustments, and changes to other personnel benefits. The bill prohibits adjustments for inflation or any other factor.

The President's budget must include: (1) comparisons of the proposed budgetary levels with the prior year's levels, (2) the sources of growth in direct spending under current law and as proposed in the budget, and (3) estimates of discretionary spending for current programs that assume compliance with discretionary spending limits under current law.

The congressional budget committees must use budgetary levels from the prior fiscal year as the basis for deliberations in developing the congressional budget resolution and include comparisons with the prior fiscal year in the report accompanying the resolution.

The Congressional Budget Office must include additional details in required reports to Congress, including comparisons to the prior year and the sources of growth in spending.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-02-05 00:00:00

Biennial Appropriations Act 

This bill amends the Congressional Budget Act of 1974 to change the annual appropriations process to a biennial process for nondefense spending. Congress must consider the defense appropriations bill annually and the remaining appropriations bills in either odd-numbered or even-numbered years. In each year that the appropriations bill for an agency is not considered, Congress must conduct oversight hearings.

The bill requires the congressional budget resolution to be accompanied by committee allocations for biennial appropriations and the President's budget to include details that reflect the biennial process.

It also creates a point of order against considering: (1) legislation authorizing appropriations for less than two years unless the program requires no further appropriations and will be completed after appropriations are expended, and (2) authorization or revenue legislation until Congress completes action on the budget resolution, appropriations bills, and reconciliation bills.

The Office of Management and Budget must report to Congress on the impact and feasibility of a biennial budget process.
Topic: Macroeconomics — National Budget
Subject: Commerce
Date: 2015-02-05 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. The President's budget is also required to include agency-by-agency estimates without the risk component. A risk component must 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: 2015-02-12 00:00:00

Sequestration Relief Act of 2015 

This bill amends the Balanced Budget and Emergency Deficit Control Act of 1985 to revise the discretionary spending limits for FY2016 and FY2017 and eliminate spending reductions required by sequestration. Current law requires a sequestration, or automatic across-the-board spending cuts, to enforce deficit reduction requirements.
Topic: Macroeconomics — National Budget
Subject: Government operations and politics
Date: 2015-02-24 00:00:00

Federal Employee Retroactive Pay Fairness Act of 2015 

This bill requires federal employees furloughed or required to work due to a lapse in appropriations beginning on February 28, 2015, to be compensated after the lapse in appropriations ends. Employees required to work during the lapse in appropriations are permitted to use leave. The bill addresses a lapse in appropriations scheduled to begin after continuing FY2015 appropriations for the Department of Homeland Security expire on February 27, 2015.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-03-16 00:00:00

Returned Exclusively For Unpaid National Debt Act or the REFUND Act 

This bill rescinds federal funds identified by a state as unwanted and requires the funds to be used for debt reduction. The bill applies to federal funds required to be allocated by formula among all states that agree to use the funds for a specified purpose. To identify the funds as unwanted, a state legislature must pass a concurrent resolution, and the state must then notify the head of the federal agency responsible for allocating the funds. The Department of the Treasury must deposit the rescinded funds in the Gifts to the United States for Reduction of the Public Debt account, use the funds to reduce the debt, and submit an annual report to Congress identifying funds received.
Topic: Macroeconomics — National Budget
Subject: Taxation
Date: 2015-03-16 00:00:00

National Debt and Taxation Transparency Act of 2015

This bill directs the Department of the Treasury, beginning not later than October 1, 2017, to provide each individual who has a valid social security number, who received a Form W-2 in the previous taxable year, and who has filed a tax return in any previous taxable year (eligible individual) with a taxpayer account statement. An initial statement must be provided to each eligible individual with a current mailing address not later than September 30, 2020.

The taxpayer account statement shall include: (1) a summary of the most recent Financial Report of the U.S. government, including the Statement of Long Term Fiscal Projections; (2) a calculation by Treasury of the eligible individual's share of the total obligations of the federal government; and (3) a 30-year calculation of the proportional increase in the federal income tax rates necessary to entirely finance the current fiscal path of the federal government, assuming there are no changes in current fiscal policy and no budget deficit.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-03-17 00:00:00

The Honest Scoring Act of 2015

This bill requires the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) to provide estimates of the macroeconomic effects of major legislation. These estimates are frequently referred to as dynamic scoring and include estimates of the budgetary effects from changes in economic output, employment, capital stock, interest rates, and other macroeconomic variables resulting from the legislation.

The CBO and the JCT must provide the estimates for legislation that has a budgetary effect exceeding $15 billion in any fiscal year before incorporating macroeconomic effects, or is designated as major legislation by either the Chairman of the House Budget Committee or the Chairman of the Senate Budget Committee. The CBO and the JCT must also continue to provide estimates of budgetary effects without macroeconomic effects.
Topic: Macroeconomics — National Budget
Subject: Armed forces and national security
Date: 2015-03-19 00:00:00

Military Sequester Flexibility Act 

This bill permits the Department of Defense (DOD) to transfer authorizations of funds made available to DOD. DOD may transfer amounts between authorizations for the same fiscal year if: (1) the transfer is necessary to mitigate the effects of spending reductions due to a reduction in the discretionary spending limit or a sequestration under the Balanced Budget and Emergency Deficit Control Act of 1985, and (2) it is in the national interest.

Transfers in a fiscal year are limited to a total of $50 billion, excluding transfers between military personnel authorizations. The transfers must be used for higher priority items, may not be used for an item that has been denied an authorization by Congress, and may not reduce an authorization by more than 50%.

DOD must notify Congress of each proposed transfer, and Congress may prohibit a transfer by enacting a joint resolution disapproving the transfer within 30 days of notification. The transfer authority expires on September 30, 2023.
Topic: Macroeconomics — National Budget
Subject: Crime and law enforcement
Date: 2015-04-30 00:00:00

Federal Law Enforcement Self-Defense and Protection Act of 2015

Grants covered federal law enforcement officers the same rights to carry a government-issued firearm during a covered furlough as they had before such furlough was in effect.

Defines: (1) "covered federal law enforcement officer" to mean any agency employee who has the authority to make arrests or apprehensions for or prosecute violations of federal law and who, on the day before the applicable covered furlough begins, is authorized by the agency to carry a firearm in the course of official duties; and (2) "covered furlough" to mean a planned event by an agency during which employees are involuntarily furloughed due to downsizing, reduced funding, lack of work, or any budget situation other than a lapse in appropriations, and an event during which agency employees are involuntarily furloughed due to a lapse in appropriations.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-10-19 00:00:00

Default Prevention Act 

This bill requires the following obligations to be granted priority over all other U.S. obligations if the public debt reaches the statutory limit:

 principal and interest on debt held by the public; compensations, allowances, and benefits for members of the Armed Forces on active duty; Social Security benefits; and Medicare benefits.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-10-19 00:00:00

Cut, Cap, and Balance Act of 2015 

This bill amends the Congressional Budget Act of 1974 to establish FY2016 spending limits of $2.832 trillion for new budget authority and $2.884 trillion for outlays. Spending for Social Security, Medicare, Veterans Benefits and Services, Net Interest, and Military Personnel is exempt from the limits.

The chairs of the congressional budget committees may make specified adjustments to the limits for legislation that designates amounts for Overseas Contingency Operations/ Global War on Terrorism.

The bill amends the Balanced Budget and Emergency Deficit Control Act of 1985 to limit total annual spending for FY2016-FY2025 to a specified percentage of projected annual gross domestic product (GDP), which begins at 19.9% for FY2016 and decreases each year until it reaches 18% for FY2021-FY2025.

The bill enforces the spending limits using automatic spending cuts known as sequestration and specifies exemptions.

The Department of the Treasury may not exercise additional borrowing authority in subsequent legislation until a balanced budget amendment to the Constitution is submitted to the states that: (1) requires that total outlays not exceed total receipts, (2) contains a spending limitation as a percentage of GDP, and (3) requires tax increases be approved by a two-thirds vote in both houses of Congress.
Topic: Macroeconomics — National Budget
Subject: Economics and public finance
Date: 2015-11-09 00:00:00

Long-Term Studies of Comprehensive Outcomes and Returns for the Economy Act or the 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. 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- or 10-year period.