H.R. 4060 · 112th Congress
Freeze Government Spending Act of 2012
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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FleischmannSponsor11 cosponsors · 11 R
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Amodei
MB
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Blackburn
JD
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Duncan
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Harris
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Franks
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Gohmert
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Gowdy
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Ross
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Walsh
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Lamborn
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Scott0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Freeze Government Spending Act of 2012 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to establish discretionary spending limits (spending caps) at the same specified level for each of FY2013-FY2021.
What it does: CRS summary · Introduced in House · Feb 16, 2012
Freeze Government Spending Act of 2012 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to establish discretionary spending limits (spending caps) at the same specified level for each of FY2013-FY2021.
Requires the Office of Management and Budget (OMB), on January 2, 2013, for FY2013, and in its sequestration preview reports for FY2014-FY2021, to state: (1) the net amount of reduction in nonexempt direct spending accounts as $18.333 billion for each of FY2013-FY2020 and $18.336 billion for FY2021; and (2) the sequestration percentage necessary to achieve that reduction in nonexempt direct spending accounts for the applicable fiscal year.
Requires OMB, on such date during each applicable year, to prepare and the President to issue a sequestration order of nonexempt direct spending to achieve such direct spending reduction.
Requires: (1) the percentage reduction for the Medicare programs specified in the Gramm-Rudman-Hollings Act to be not more than 2% for a fiscal year; and (2) if the reduction would exceed 2% in the absence of such requirement, OMB to increase the reduction for all other direct spending by a uniform percentage to a level sufficient to achieve the required reduction in nonexempt direct spending.
Requires OMB to report to Congress on information about the calculations required under this Act, a listing of the reductions required for each nonexempt direct spending account, and any other data and explanations that enhance public understanding of this Act and actions taken under it.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Freeze Government Spending Act of 2012
Latest action (Feb 16, 2012): Referred to the House Committee on the Budget.
Policy area: Economics and Public Finance · Origin: House · Introduced: Feb 16, 2012
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.