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A bill to make 1 percent across-the-board rescissions in non-defense, non-homeland-security, and non-veterans-affairs discretionary spending for each of fiscal years 2024 and 2025.

3/12/2024, 10:46 PM

Summary of Bill S 331

Bill 118 s 331, also known as the "1 percent across-the-board rescissions in non-defense, non-homeland-security, and non-veterans-affairs discretionary spending for fiscal years 2024 and 2025" bill, proposes to make cuts to government spending in specific areas. The bill aims to reduce spending by 1 percent in non-defense, non-homeland-security, and non-veterans-affairs discretionary spending for the fiscal years 2024 and 2025.

If passed, this bill would require government agencies to make cuts to their budgets in these specified areas. The goal of these cuts is to reduce overall government spending and potentially decrease the national deficit. The bill does not target defense, homeland security, or veterans affairs spending, focusing instead on other areas of discretionary spending.

Supporters of the bill argue that reducing government spending is necessary to ensure fiscal responsibility and prevent excessive government debt. Critics, however, may argue that across-the-board cuts could have negative impacts on important programs and services. Overall, Bill 118 s 331 proposes targeted cuts to non-defense, non-homeland-security, and non-veterans-affairs discretionary spending for the fiscal years 2024 and 2025. The bill is currently under consideration in Congress and its potential impacts are being debated by lawmakers and stakeholders.

Congressional Summary of S 331

This bill requires 1% across-the-board rescissions to FY2024 and FY2025 appropriations provided for any non-defense, non-homeland-security, and non-veterans-affairs discretionary account by any appropriations act.

For the purpose of this bill, a non-defense, non-homeland-security, and non-veterans-affairs discretionary account is a discretionary spending account other than any account

  • included in a Department of Defense Appropriations Act;
  • included in a Department of Homeland Security Appropriations Act;
  • of the Department of Defense or the Department of Veterans Affairs included in a Military Construction, Veterans Affairs, and Related Agencies Appropriations Act; or
  • for Department of Energy defense activities included in an Energy and Water Development and Related Agencies Appropriations Act.

Current Status of Bill S 331

Bill S 331 is currently in the status of Bill Introduced since February 9, 2023. Bill S 331 was introduced during Congress 118 and was introduced to the Senate on February 9, 2023.  Bill S 331's most recent activity was Read twice and referred to the Committee on Appropriations. as of February 9, 2023

Bipartisan Support of Bill S 331

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 331

Primary Policy Focus

Economics and Public Finance

Alternate Title(s) of Bill S 331

A bill to make 1 percent across-the-board rescissions in non-defense, non-homeland-security, and non-veterans-affairs discretionary spending for each of fiscal years 2024 and 2025.
A bill to make 1 percent across-the-board rescissions in non-defense, non-homeland-security, and non-veterans-affairs discretionary spending for each of fiscal years 2024 and 2025.

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