H.J.Res. 41 · 117th Congress
National Committee on Fiscal Responsibility and Reform Act of 2021
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
KinzingerSponsor1 cosponsor · 1 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
National Committee on Fiscal Responsibility and Reform Act of 2021
What it does: CRS summary · Introduced in House · Apr 16, 2021
National Committee on Fiscal Responsibility and Reform Act of 2021
This bill establishes the National Committee on Fiscal Responsibility and Reform to make recommendations to reduce the budget deficit by at least $3.25 trillion over FY2021-FY2031.
The committee must be established as a joint select committee of Congress and consist of 12 Members of Congress appointed by specified members of the congressional leadership.
The specific functions of the committee are to
- investigate policies to improve the fiscal situation in the medium term;
- achieve fiscal sustainability over the long run;
- propose legislation designed to balance the budget, excluding interest payments on the debt, by 2031; and
- issue a final report to Congress.
Congress must use specified expedited legislative procedures to consider legislation that is approved by at least eight members of the committee.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: National Committee on Fiscal Responsibility and Reform Act of 2021
Latest action (Apr 16, 2021): Referred to the House Committee on Rules.
Policy area: Economics and Public Finance · Origin: House · Introduced: Apr 16, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.