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Responsible Budget Targets Act of 2022

3/13/2024, 3:30 AM

Congressional Summary of S 4016

Responsible Budget Targets Act of 2022

This bill modifies the federal budget process to establish new spending caps that are adjusted annually based on factors such as the amount of revenue and the growth of the gross domestic product.

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Current Status of Bill S 4016

Bill S 4016 is currently in the status of Bill Introduced since April 6, 2022. Bill S 4016 was introduced during Congress 117 and was introduced to the Senate on April 6, 2022.  Bill S 4016's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of April 6, 2022

Bipartisan Support of Bill S 4016

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

Policy Area and Potential Impact of Bill S 4016

Primary Policy Focus

Economics and Public Finance

Alternate Title(s) of Bill S 4016

Responsible Budget Targets Act of 2022
Responsible Budget Targets Act of 2022
A bill to amend the Congressional Budget Act of 1974 to set responsible budget targets.

Comments

Sponsors and Cosponsors of S 4016

Mike Braun
Mike Braun
IndianaRepublican

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