Finding Federal Savings Committee Resolution

Finding Federal Savings Committee Resolution

This resolution establishes the House Committee on the Elimination of Nonessential Federal Programs to analyze underperforming or nonessential federal programs and recommend actions to modify or eliminate those programs. The resolution also establishes expedited procedures for legislation reported by the committee to eliminate programs or rescind funding.

The committee shall cease to exist at the end of the 120th Congress.

Bill 118 H.Res. 29, also known as the Finding Federal Savings Committee Resolution, was introduced in the US Congress with the aim of establishing a committee to identify potential areas for cost savings within the federal government. The resolution calls for the creation of a bipartisan committee composed of members from both the House of Representatives and the Senate.

The committee would be tasked with conducting a thorough review of federal spending and programs in order to identify inefficiencies, redundancies, and areas where cost savings could be achieved. The goal of the committee is to help reduce the federal deficit and ensure that taxpayer dollars are being spent wisely.

The resolution outlines the specific duties of the committee, including conducting hearings, gathering input from experts and stakeholders, and submitting a report to Congress with recommendations for cost-saving measures. The committee would have a specified timeframe to complete its work and present its findings to Congress. Overall, Bill 118 H.Res. 29 aims to promote fiscal responsibility and accountability within the federal government by identifying opportunities for cost savings and efficiency improvements. It reflects a bipartisan effort to address the growing federal deficit and ensure that taxpayer dollars are being used effectively.