S. 2965 · 111th Congress
Commission for Fiscal Sustainability Act of 2010
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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.
R
EnsignSponsorNo cosponsors.
Commission for Fiscal Sustainability Act of 2010 - Amends the Congressional Budget Act of 1974 to establish in the legislative branch the Commission for Fiscal Sustainability to address, and report to the President, the Vice President, the Speaker of the House of Representatives, and the Majority and Minority Leaders of both chambers on, the nation's…
What it does: CRS summary · Introduced in Senate · Jan 28, 2010
Commission for Fiscal Sustainability Act of 2010 - Amends the Congressional Budget Act of 1974 to establish in the legislative branch the Commission for Fiscal Sustainability to address, and report to the President, the Vice President, the Speaker of the House of Representatives, and the Majority and Minority Leaders of both chambers on, the nation's long-term fiscal imbalances, including federal expenditures and revenues and the current and long-term actuarial financial condition of the federal government.
Provides for expedited legislative consideration of the Commission's recommendations.
Requires the Commission to make recommendations that: (1) shall significantly improve the long-term fiscal imbalance of the federal governent solely through reductions in federal expenditures; and (2) shall not increase federal revenues through increased taxes.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Commission for Fiscal Sustainability Act of 2010
Latest action (Jan 28, 2010): Read twice and referred to the Committee on the Budget.
Policy area: Economics and Public Finance · Origin: Senate · Introduced: Jan 28, 2010
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.