Review Every Dollar Act of 2015
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jan 20, 2015)
Review Every Dollar Act of 2015
This bill prohibits Congress from considering legislation authorizing or reauthorizing a federal program for more than seven years. Congressional committees are required to consider specified criteria to determine whether direct spending programs should be modified, terminated, or reauthorized.
The bill amends the Congressional Budget Act of 1974 to create deficit reduction accounts for savings from legislation intended for deficit reduction. The Chairmen of the House and Senate Budget Committees are required to adjust spending allocations to reflect balances in the accounts. This creates procedural obstacles for considering legislation that spends savings intended for deficit reduction.
The bill requires transfers of funds from the general fund of the Treasury to the Highway Trust Fund to be counted as new budget authority and outlays.
The bill prohibits certain rules requiring at least $100 million in new budget authority from taking effect unless: (1) the President notifies Congress that the rule is necessary for an emergency, the enforcement of criminal laws, national security, or the implementation of an international trade agreement; or (2) budget authority to carry out the rule is provided by law.
What just happenedFeb 5, 2015
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Who’s behind it
- Introduced in HouseJan 20, 2015
- Feb 5, 2015Committee
Referred to the Subcommittee on Regulatory Reform, Commercial And Antitrust Law.
Administrative State, Regulatory Reform, and Antitrust Subcommittee - Jan 20, 2015IntroReferralH11100
Referred to the Committee on the Budget, and in addition to the Committees on Rules, and the Judiciary, 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.
Judiciary Committee - Jan 20, 2015IntroReferralH11100
Referred to the Committee on the Budget, and in addition to the Committees on Rules, and the Judiciary, 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.
Rules Committee - Jan 20, 2015IntroReferralH11100-A
Referred to the Committee on the Budget, and in addition to the Committees on Rules, and the Judiciary, 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.
- Jan 20, 2015IntroReferralH11100
Referred to the Committee on the Budget, and in addition to the Committees on Rules, and the Judiciary, 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.
Budget Committee - Jan 20, 2015IntroReferralIntro-H
Introduced in House
- Jan 20, 2015IntroReferral1000
Introduced in House