Biennial Budgeting and Appropriations Act

12/21/2023, 7:45 PM
Read twice and referred to the Committee on the Budget.
Bill 118 s 3208, also known as the Biennial Budgeting and Appropriations Act, is a piece of legislation introduced in the US Congress. The main purpose of this bill is to change the current annual budgeting process to a biennial (every two years) budgeting process for the federal government.

Under the current system, Congress must pass a budget every year, which can lead to inefficiencies and delays in the budgeting process. The Biennial Budgeting and Appropriations Act aims to streamline this process by requiring Congress to pass a budget every two years, allowing for more long-term planning and stability in government funding.

Additionally, the bill includes provisions for biennial appropriations, meaning that Congress would also pass appropriations bills every two years. This would provide agencies with more certainty in their funding and reduce the need for frequent budget negotiations. Overall, supporters of the Biennial Budgeting and Appropriations Act argue that it would lead to more efficient and effective budgeting processes, while opponents raise concerns about potential challenges in adjusting to a biennial budgeting cycle. The bill is currently being debated in Congress, with both supporters and opponents making their case for or against its passage.
Congress
118

Number
S - 3208

Introduced on
2023-11-02

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

11/2/2023

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Read twice and referred to the Committee on the Budget.
Bill 118 s 3208, also known as the Biennial Budgeting and Appropriations Act, is a piece of legislation introduced in the US Congress. The main purpose of this bill is to change the current annual budgeting process to a biennial (every two years) budgeting process for the federal government.

Under the current system, Congress must pass a budget every year, which can lead to inefficiencies and delays in the budgeting process. The Biennial Budgeting and Appropriations Act aims to streamline this process by requiring Congress to pass a budget every two years, allowing for more long-term planning and stability in government funding.

Additionally, the bill includes provisions for biennial appropriations, meaning that Congress would also pass appropriations bills every two years. This would provide agencies with more certainty in their funding and reduce the need for frequent budget negotiations. Overall, supporters of the Biennial Budgeting and Appropriations Act argue that it would lead to more efficient and effective budgeting processes, while opponents raise concerns about potential challenges in adjusting to a biennial budgeting cycle. The bill is currently being debated in Congress, with both supporters and opponents making their case for or against its passage.
Alternative Names
Official Title as IntroducedA bill to provide for a biennial budget process and a biennial appropriations process and to enhance oversight and the performance of the Federal Government.

Policy Areas
Economics and Public Finance

Comments

Recent Activity

Latest Action11/2/2023
Read twice and referred to the Committee on the Budget.