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Responsible Budget Targets Act of 2023

2/20/2024, 3:15 PM

Congressional Summary of S 772

Responsible Budget Targets Act of 2023

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.

Current Status of Bill S 772

Bill S 772 is currently in the status of Bill Introduced since March 9, 2023. Bill S 772 was introduced during Congress 118 and was introduced to the Senate on March 9, 2023.  Bill S 772'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 772

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 772

Primary Policy Focus

Economics and Public Finance

Alternate Title(s) of Bill S 772

Responsible Budget Targets Act of 2023
Responsible Budget Targets Act of 2023
A bill to amend the Congressional Budget Act of 1974 to set responsible budget targets.

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