Congress Keeps Proposing This Fiscal Fix but Never Votes on It
- A Republican bill called the Dollar-for-Dollar Deficit Reduction Act has been introduced in six of the seven Congresses since 2013 to require spending cuts equal to any increase in the debt limit.
- The bill has never reached a vote as standalone legislation; it is referred to committee and then not advanced to a vote.
- The bill's enforcement is based on a point of order that can be waived in the Senate with 60 votes and in the House by a majority.
- The main idea of the bill is that any increase in the debt limit must be matched by an equal cut in projected spending.
27 Articles
27 Articles
Congress keeps proposing this fiscal fix but never votes on it
(The Center Square) – A Republican bill to force spending cuts alongside any debt-limit increase has been introduced in six of the seven Congresses since 2013. As standalone legislation, it has never once reached a vote.
Congress keeps proposing dollar-for-dollar debt-limit bill but never votes on it
Congress keeps proposing dollar-for-dollar debt-limit bill but never votes on it Click this link for the original source of this article. Author: The Center Square This content is courtesy of, and owned and copyrighted by, https://www.offthepress.com and its author. This content is made available by use of the public RSS feed offered by the host...
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