0
0

Sustainable Budget Act of 2023

3/13/2024, 10:43 AM

Congressional Summary of S 743

Sustainable Budget Act of 2023

This bill establishes the National Commission on Fiscal Responsibility and Reform within the legislative branch to identify policies to improve the fiscal situation in the medium term and achieve fiscal sustainability over the long term.

The commission must propose recommendations that (1) are designed to balance the budget, excluding interest payments on the debt, within 10 years; and (2) meaningfully improve the long-term fiscal outlook, including changes to address the growth of entitlement spending and the gap between projected federal revenues and expenditures.

Congress must consider the commission's recommendations using specified expedited legislative procedures.

Read the Full Bill

Formatted TextPDFFormatted XML

Current Status of Bill S 743

Bill S 743 is currently in the status of Bill Introduced since March 9, 2023. Bill S 743 was introduced during Congress 118 and was introduced to the Senate on March 9, 2023.  Bill S 743's most recent activity was Read twice and referred to the Committee on the Budget. as of March 9, 2023

Bipartisan Support of Bill S 743

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
4
Democrat Cosponsors
1
Republican Cosponsors
3
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 743

Primary Policy Focus

Economics and Public Finance

Potential Impact Areas

- Advisory bodies
- Budget deficits and national debt
- Budget process
- Congressional operations and organization
- Congressional oversight
- Government information and archives
- Government studies and investigations
- House of Representatives
- Legislative rules and procedure
- Presidents and presidential powers, Vice Presidents
- Senate

Alternate Title(s) of Bill S 743

Sustainable Budget Act of 2023
Sustainable Budget Act of 2023
A bill to establish a national commission on fiscal responsibility and reform, and for other purposes.

Comments

Sponsors and Cosponsors of S 743

Cynthia M. Lummis
Cynthia M. Lummis
WyomingRepublican
Mike Rounds
Mike Rounds
South DakotaRepublican
Joe Manchin III
Joe Manchin III
West VirginiaDemocrat
Kevin Cramer
Kevin Cramer
North DakotaRepublican
Mike Braun
Mike Braun
IndianaRepublican

Latest Bills

Southcentral Foundation Land Transfer Act of 2025
Bill HR 3620December 11, 2025
Affordable HOMES Act
Bill HR 5184December 11, 2025
To reauthorize the Junior Duck Stamp Conservation and Design Program Act of 1994.
Bill HR 1098December 11, 2025
A bill to provide for an extension of the legislative authority of the National Emergency Medical Services Memorial Foundation to establish a commemorative work in the District of Columbia and its environs.
Bill S 2546December 11, 2025
Moab UMTRA Project Transition Act of 2025
Bill S 1321December 11, 2025
Federal Mechanical Insulation Act
Bill HR 3474December 11, 2025
Providing for consideration of the bill (H.R. 2550) to nullify the Executive Order relating to Exclusions from Federal Labor-Management Relations Programs, and for other purposes.
Bill HRES 432December 11, 2025
Protecting Our Courts from Foreign Manipulation Act of 2025
Bill HR 2675December 11, 2025
Tipped Employee Protection Act
Bill HR 2312December 11, 2025
A bill to redesignate the National Historic Trails Interpretive Center in Casper, Wyoming, as the "Barbara L. Cubin National Historic Trails Interpretive Center".
Bill S 790December 11, 2025
Sustainable Budget Act of 2022
Bill HR 710December 16, 2023