Latest action: Read twice and referred to the Committee on the Budget. (text: CR S1582-1583)
Referred to one or more standing committees for review, hearings, and possible markup.
Specific committees not parsed from action data.
The committee may hold hearings, amend the bill, or let it die without action.
Next: Reported
Full chamber floor — Speaker / Majority Leader controls scheduling
Requires spending cuts equal to any deficit increase to balance the federal budget.
The problem
The federal government spends more money than it collects in taxes, creating a deficit that grows over time. Policymakers disagree on how to reduce this deficit.
The proposal
Establishes a rule requiring dollar-for-dollar spending reductions whenever the deficit grows, forcing automatic budget cuts to match any increases in government shortfalls.
The impact
Affects federal agencies, benefit recipients, and taxpayers by potentially reducing government services and programs whenever the deficit increases.
Creates a automatic mechanism to prevent deficit growth without requiring repeated Congressional votes. This removes politics from deficit decisions and enforces fiscal discipline consistently.
Agencies and beneficiaries would know the spending rule in advance. This transparency could help with long-term planning and budget stability.
Forces trade-offs between different programs, making it harder to increase spending on one area without cutting another. Lawmakers must prioritize and justify their choices.
During recessions or emergencies, automatic cuts could worsen economic problems. The rule prevents flexible responses to sudden national needs like natural disasters or pandemics.
Agencies cannot plan ahead because cuts trigger automatically based on deficit changes. This uncertainty could disrupt essential services and make program management difficult.
The rule only cuts spending, not tax breaks or revenue policies. This could unfairly burden program recipients while leaving tax benefits unchanged.
Repeated automatic cuts across many programs could eliminate important services. Programs might be cut too much rather than adjusted strategically based on priorities.
Generated by AI from the bill text. Not a prediction and not legal or policy advice. The percentage is the model's own rating of each item — self-reported, and not a measure of how accurate it is.
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Individual contributions, grouped by employer · FEC
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Itemized individual contributions via FEC, grouped by the employer each contributor self-reported. Companies and unions cannot contribute to federal candidates from their treasuries, so these totals are money from people who work at an employer — never from the organization itself. They are campaign contributions covering a full election cycle and are not connected to this bill.
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