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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  • This item is from the 112th Congress (2011-2012) and is no longer current.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.

Version saved on June 24, 2011, 06:30:19, by 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

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Status of the Legislation

Latest Major Action: 6/23/2011: Referred to House committee. Status: Referred to the Committee on the Budget, and in addition to the Committees on Rules, Ways and Means, Appropriations, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

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Points Against

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    Costs: $1,099.10 per
    and increases their $162,301.27 share of the national debt by $1,099.10.
    (source info)

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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

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