Unauthorized Spending Accountability Act

Hozzl · 2025-01-31T16:54:56Z

Explore the details of House Bill 143 Unauthorized Spending Accountability Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Economics and Public Finance. Stay informed on legislative developments.

1/31/2025, 4:54 PM

Summary of Bill HR 143

Bill 119 HR 143, also known as the Budgetary Level Reduction Schedule Act, aims to establish a schedule for reducing budgetary levels in the United States Congress. The bill outlines a plan for gradually decreasing the amount of money allocated for various government programs and initiatives over a specified period of time.

The main goal of this legislation is to address concerns about the growing national debt and the need for fiscal responsibility in government spending. By implementing a reduction schedule, lawmakers hope to curb excessive spending and ensure that taxpayer dollars are being used efficiently and effectively.

In addition to establishing the reduction schedule, the bill also includes provisions for monitoring and evaluating the impact of these budget cuts on government programs and services. This will help lawmakers make informed decisions about future budget allocations and ensure that essential services are not compromised in the process. Overall, Bill 119 HR 143 seeks to promote responsible budgeting practices and ensure that the government is operating within its means. It is an important step towards addressing the fiscal challenges facing the country and ensuring a sustainable financial future for generations to come.

Congressional Summary of HR 143

Unauthorized Spending Accountability Act

This bill reduces budgetary levels for certain federal programs that are funded through the annual appropriations process and do not have an authorization of appropriations. The bill requires specified reductions to be implemented over a three-year period and terminates the unauthorized programs at the end of the third unauthorized year.

Under the bill, budgetary levels are spending allocations provided to the congressional appropriations committees by a congressional budget resolution or a deeming resolution. The allocations are provided under the Congressional Budget Act of 1974 and are often referred to as 302(a) allocations.

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Current Status of Bill HR 143

Bill HR 143 is currently in the status of Bill Introduced since January 3, 2025. Bill HR 143 was introduced during Congress 119 and was introduced to the House on January 3, 2025. Bill HR 143's most recent activity was Referred to the Committee on Oversight and Government Reform, and in addition to the Committees on the Budget, and Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of January 3, 2025