VotedBy VotedBy ⌕
Election Day · Tue, Nov 3See how your members of Congress voted →

H.R. 5323 · 111th Congress

Save America's Future Economy Act of 2010

Key: what the circles and colors mean

Each circle is a bill. The ring fills as it moves through Congress:

IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

Under the number: the Yea · Nay count of its final (or latest) recorded vote. On a member's page, the small badge is how that member voted: Y Yea / Aye, N Nay / No, P Present, – Not voting.

Gold and violet are only for Yea and Nay; they never mean a party. A member's party is the letter on their photo.

Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

LSR SmithSponsor
65 cosponsors · 65 R
WAR Akin BBR Bilbray DBR Burton MBR Burgess RBR Bishop MBR Bachmann JCR Culberson JCR Carter KCR Conaway JCR Chaffetz TFR Franks JFR Fleming PGR Gingrey WHR Herger JHR Hensarling DIR Issa JJR Jordan SKR King JKR Kline DLR Lungren DLR Lamborn RLR Latta KMR Marchant TMR McClintock RNR Neugebauer POR Olson JPR Pitts TPR Price JSR Shadegg JSR Schmidt TTR Tiahrt JWR Wilson DYR Young KCR Calvert CSR Stearns TMR McCotter RBR Bartlett JBR Barton JCR Campbell JFR Forbes EGR Gallegly LGR Gohmert LJR Jenkins JKR Kingston BMR McKeon DMR Manzullo GMR Miller TPR Petri TPR Poe PRR Roe JSR Shimkus FUR Upton JBR Boozman HRR Rogers BGR Goodlatte ASR Smith JGR Gresham Barrett MBR Blackburn GBR Brown-Waite CLR Lummis HBR Brown HCR Coble WJR Jones FSR Sensenbrenner SSR Scalise

33 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Save America's Future Economy Act of 2010 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to require the Office of Management and Budget (OMB) to calculate the uniform percentage by which nonexempt spending accounts are to be sequestered such that total government spending for a budget year, compared to the…

What it does: CRS summary · Introduced in House · May 18, 2010

Save America's Future Economy Act of 2010 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to require the Office of Management and Budget (OMB) to calculate the uniform percentage by which nonexempt spending accounts are to be sequestered such that total government spending for a budget year, compared to the preceding fiscal year, does not increase at a rate greater than the percentage point change in the Consumer Price Index (CPI) plus the percentage point change in annual population growth.

Requires OMB to prepare annually a report to be included in the President's budget for each fiscal year setting forth: (1) the projected level of total federal spending for the current year; (2) the percentage point increase in the CPI over the fiscal year before the current year; (3) the total percentage point increase in population from July 1 of the second preceding fiscal year before the current year and July 1 of the fiscal year before the current year; (4) the sum of such total percentage point increases; and (5) the projected level of total federal spending for the budget year and the amount, if any, by which that spending would exceed the projected level of total federal spending for the current year, as adjusted by the such sum of the total percentage point increases.

Prescribes requirements for OMB Preview Reports and OMB Final Sequestration Reports.

Requires the President to issue a sequestration order, effective on issuance, if OMB in its Final Sequestration Report estimates that any sequestration is required.

Prohibits OMB from including the budgetary effects of an emergency requirement in its estimates.

Exempts from any sequestration reduction order: (1) payments for net interest; and (2) federal obligations required to be paid under the U.S. Constitution or legally contractual obligations.

Extends indefinitely certain Pay-As-You-Go (PAYGO) enforcement mechanisms.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Save America's Future Economy Act of 2010

Latest action (May 18, 2010): Referred to the House Committee on the Budget.

Policy area: Economics and Public Finance · Origin: House · Introduced: May 18, 2010

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.