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H.R. 2319, The Maximizing America's Prosperity Act of 2011
- This item is from the 112th Congress (2011-2012) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.
Comparing original version (created by webmaster) with revision saved on July 7, 2011, 06:31:00 (webmaster):
H.R. 2319 would cap noninterest Federal spending as a percentage of full employment GDP, to require that budgets and budget resolutions adhere to these caps, to enforce these caps, to increase financial transparency for mandatory programs, to provide for a line-item adjustment, to require the parings of significant spending increases and adjustments to the debt ceiling, and to provide for a Federal Sunset commission to assist Congress in eliminating Federal agencies and programs that no longer serve a public need or reforming those that are inefficient or ineffective in serving a public need.
== Detailed Summary ==
<summary>
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</summary>
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== Status of the Legislation ==
<status>
(Log inLatest Major Action: 6/30/2011: Referred to House subcommittee. Status: Referred to edit the wikiSubcommittee on Government Organization, Efficiency, and be the first to update the status of the bill!)Financial Management .
</status>
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== Points in Favor ==
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== Points Against ==
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Costs: $ per
and increases their $ share of the national debt by $.
(source: National Taxpayers Union Foundation)
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Visitor Comments
Dan
November 30, 2011, 3:01pm (report abuse)The National Taxpayer's Union Foundation highlighted this bill in the November 29th Taxpayer's Tab: http://www.ntu.org/ntuf/taxpayerstab/2-42.html