Bill 118 s 5483, also known as the "Across-the-Board Rescissions of Nonsecurity Discretionary Spending Act," is a proposed piece of legislation in the US Congress. The main objective of this bill is to reduce nonsecurity disc...
retionary spending by 5 percent across the board.
Nonsecurity discretionary spending refers to government expenditures that are not related to national security, such as education, healthcare, and infrastructure. The bill aims to cut these expenses in order to reduce overall government spending and address budget deficits.
If passed, the bill would require all government agencies to make cuts to their nonsecurity discretionary budgets by 5 percent. This would impact a wide range of programs and services that rely on government funding.
Supporters of the bill argue that reducing spending is necessary to address the country's growing debt and deficits. They believe that across-the-board cuts are a fair and efficient way to achieve this goal.
Opponents, however, are concerned that such cuts could have negative consequences on important programs and services that benefit the American people. They argue that a more targeted approach to budget reductions would be more effective and less harmful.
Overall, Bill 118 s 5483 is a controversial piece of legislation that seeks to address government spending through across-the-board cuts to nonsecurity discretionary spending. Its impact on the economy and public services remains a topic of debate among lawmakers and the public.