Bill116th CongressFiled Jun 27, 2019Economics and Public Finance
S. 2002
Dollar-for-Dollar Deficit Reduction Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jun 27, 2019)
Dollar-for-Dollar Deficit Reduction Act
The bill establishes a framework to require legislation that increases or suspends the public debt limit to include spending reductions that are equal to or greater than the projected increase in debt that will occur under the legislation. The bill allows the spending reductions to be phased in over a 10-year period.
What just happenedJun 27, 2019
Read twice and referred to the Committee on the Budget.
Who’s behind it
Sen. Portman, Rob [R-OH](R-OH)Sponsor
4 cosponsors4 R
4cosponsors1committees2actions6subjects
- Introduced in SenateJun 27, 2019
- Jun 27, 2019IntroReferral
Read twice and referred to the Committee on the Budget.
Budget Committee - Jun 27, 2019IntroReferral10000
Introduced in Senate