Text: H.R.2169 — 111th Congress (2009-2010)All Information (Except Text)

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Introduced in House (04/29/2009)


111th CONGRESS
1st Session
H. R. 2169


To limit Federal spending to a percentage of GDP.


IN THE HOUSE OF REPRESENTATIVES

April 29, 2009

Mr. Duncan introduced the following bill; which was referred to the Committee on the Budget, and in addition to the Committee on 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


A BILL

To limit Federal spending to a percentage of GDP.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Limitation on Government Spending Act of 2009”.

SEC. 2. Limit on Federal spending.

(a) Definition.—Section 3 of the Congressional Budget Act of 1974 (2 U.S.C. 622) is amended by inserting at the end the following:

“(11) FEDERAL SPENDING LIMIT.—The term ‘Federal spending limit’ means—

“(A) with respect to fiscal year 2011, outlays not exceeding 22 per cent of the GDP;

“(B) with respect to fiscal year 2012, outlays not exceeding 21 per cent of the GDP; and

“(C) with respect to fiscal year 2013 and fiscal years thereafter, outlays not exceeding 20 per cent of the GDP.

“(12) GDP.—The term ‘GDP’ means the gross domestic product for the relevant fiscal year as most recently estimated by CBO.”.

(b) Federal spending limit point of order.—Section 311 of the Congressional Budget Act of 1974 (2 U.S.C. 642) is amended by inserting at the end the following:

“(d) Federal spending limit point of order.—

“(1) IN GENERAL.—It shall not be in order in the Senate or the House of Representatives to consider any bill, joint resolution, amendment, or conference report that includes any provision that would result in a deficit for a fiscal year that exceeds the maximum deficit amount or Federal spending limit, as applicable, for such fiscal year.

“(2) WAIVER OR SUSPENSION.—This subsection may be waived or suspended in the Senate only by the affirmative roll call vote of three-fifths of the Members, duly chosen and sworn.

“(3) APPEALS.—Appeals in the Senate from the decisions of the Chair relating to any provision of this subsection shall be limited to 1 hour, to be equally divided between, and controlled by, the appellant and the manager of the bill or joint resolution. An affirmative vote of three-fifths of the Members of the Senate, duly chosen and sworn, shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under this subsection.”.