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S. 2245 · 116th Congress

Maximizing America’s Prosperity Act of 2019

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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

MBR BraunSponsor
2 cosponsors · 2 R

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

This bill establishes annual spending limits that are equal to specified percentages of potential gross domestic product (GDP). Potential GDP generally refers to the GDP that would occur if the economy were at full employment without inflation. The spending limits apply to all budget authority and outlays of the federal government excluding net interest.

What it does: CRS summary · Introduced in Senate · Jul 24, 2019

Maximizing America's Prosperity Act of 2019

This bill establishes annual spending limits that are equal to specified percentages of potential gross domestic product (GDP). Potential GDP generally refers to the GDP that would occur if the economy were at full employment without inflation. The spending limits apply to all budget authority and outlays of the federal government excluding net interest.

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

About this bill and sources

Official title: Maximizing America’s Prosperity Act of 2019

Latest action (Jul 24, 2019): Read twice and referred to the Committee on the Budget.

Policy area: Economics and Public Finance · Origin: Senate · Introduced: Jul 24, 2019

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

No recorded floor vote found.