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Administrative Pay-As-You-Go Act of 2023
12/15/2023, 4:06 PM
Summary of Bill S 1052
The bill aims to promote fiscal responsibility and accountability within the government by ensuring that any new administrative costs are paid for in a fiscally responsible manner. This is intended to prevent unnecessary spending and help control the growth of the national debt.
If passed, the Administrative Pay-As-You-Go Act of 2023 would require government agencies to carefully consider the financial implications of any new administrative expenses and find ways to cover these costs without adding to the deficit. This would help to ensure that taxpayer dollars are being used efficiently and effectively. Overall, this bill represents an effort to promote responsible budgeting practices within the federal government and prevent the accumulation of unnecessary debt. It is aimed at improving the financial health of the government and ensuring that taxpayer dollars are being used in a responsible manner.
Congressional Summary of S 1052
Administrative Pay-As-You-Go Act of 2023
This bill provides statutory authority for the Office of Management and Budget (OMB) requirement that federal agencies must submit at least one proposal for reducing direct spending before taking a discretionary administrative action that increases direct spending (i.e., administrative pay-as-you-go procedures). The proposed reduction must be comparable to the increase in direct spending attributable to the administrative action.
Further, an agency must submit to the OMB its legal basis for concluding that a proposed administrative action is nondiscretionary and, therefore, not subject to this requirement.
The OMB may waive these requirements if a waiver is necessary for the delivery of essential services, effective program delivery, or the public interest.
