All Information (Except Text) for H.R.3140 - Reducing Barack Obama's Unsustainable Deficit Act111th Congress (2009-2010)
Bill
Hide Overview| Sponsor: | Rep. Price, Tom [R-GA-6] (Introduced 07/09/2009) |
|---|---|
| Committees: | House - Financial Services; Energy and Commerce; Appropriations; Ways and Means; Transportation and Infrastructure; Veterans' Affairs |
| Latest Action: | House - 07/10/2009 Referred to the Subcommittee on Water Resources and Environment. (All Actions) |
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This bill has the status Introduced
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- Introduced
Subject — Policy Area:
- Economics and Public Finance
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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries
Titles (2)
Short Titles
Short Titles - House of Representatives
Short Titles as Introduced
Reducing Barack Obama's Unsustainable Deficit Act
Actions Overview (1)
| Date | Actions Overview |
|---|---|
| 07/09/2009 | Introduced in House |
All Actions (16)
| Date | All Actions |
|---|---|
| 07/10/2009 | Referred to the Subcommittee on Water Resources and Environment. Action By: Committee on Transportation and Infrastructure |
| 07/10/2009 | Referred to the Subcommittee on Railroads, Pipelines, and Hazardous Materials. Action By: Committee on Transportation and Infrastructure |
| 07/10/2009 | Referred to the Subcommittee on Highways and Transit. Action By: Committee on Transportation and Infrastructure |
| 07/10/2009 | Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management. Action By: Committee on Transportation and Infrastructure |
| 07/10/2009 | Referred to the Subcommittee on Coast Guard and Maritime Transportation. Action By: Committee on Transportation and Infrastructure |
| 07/10/2009 | Referred to the Subcommittee on Aviation. Action By: Committee on Transportation and Infrastructure |
| 07/10/2009 | Referred to the Subcommittee on Communications, Technology, and the Internet. Action By: Committee on Energy and Commerce |
| 07/10/2009 | Referred to the Subcommittee on Health. Action By: Committee on Energy and Commerce |
| 07/09/2009 | Referred to House Veterans' Affairs Action By: House of Representatives |
| 07/09/2009 | Referred to House Transportation and Infrastructure Action By: House of Representatives |
| 07/09/2009 | Referred to House Ways and Means Action By: House of Representatives |
| 07/09/2009 | Referred to House Appropriations Action By: House of Representatives |
| 07/09/2009 | Referred to House Energy and Commerce Action By: House of Representatives |
| 07/09/2009 | Referred to House Financial Services Action By: House of Representatives |
| 07/09/2009 | Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, Appropriations, Ways and Means, Transportation and Infrastructure, and Veterans' Affairs, 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. Action By: House of Representatives |
| 07/09/2009 | Introduced in House Action By: House of Representatives |
Cosponsors (90)
Committees (6)
Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.
| Committee / Subcommittee | Date | Activity | Reports |
|---|---|---|---|
| House Financial Services | 07/09/2009 | Referred to | |
| House Energy and Commerce | 07/09/2009 | Referred to | |
| House Energy and Commerce Subcommittee on Health | 07/10/2009 | Referred to | |
| House Energy and Commerce Subcommittee on Communications, Technology, and the Internet | 07/10/2009 | Referred to | |
| House Appropriations | 07/09/2009 | Referred to | |
| House Ways and Means | 07/09/2009 | Referred to | |
| House Transportation and Infrastructure | 07/09/2009 | Referred to | |
| House Transportation and Infrastructure Subcommittee on Aviation | 07/10/2009 | Referred to | |
| House Transportation and Infrastructure Subcommittee on Coast Guard and Maritime Transportation | 07/10/2009 | Referred to | |
| House Transportation and Infrastructure Subcommittee on Economic Development, Public Buildings and Emergency Management | 07/10/2009 | Referred to | |
| House Transportation and Infrastructure Subcommittee on Highways and Transit | 07/10/2009 | Referred to | |
| House Transportation and Infrastructure Subcommittee on Railroads, Pipelines, and Hazardous Materials | 07/10/2009 | Referred to | |
| House Transportation and Infrastructure Subcommittee on Water Resources and Environment | 07/10/2009 | Referred to | |
| House Veterans' Affairs | 07/09/2009 | Referred to |
Subjects (20)
Subject — Policy Area:
One Policy Area term, which best describes an entire measure, is assigned to every public bill or resolution.
- Appropriations
- Bank accounts, deposits, capital
- Broadcasting, cable, digital technologies
- Budget deficits and national debt
- Computers and information technology
- Congressional oversight
- Corporate finance and management
- Financial crises and stabilization
- Health care costs and insurance
- Health information and medical records
- Health programs administration and funding
- Housing finance and home ownership
- Intergovernmental relations
- Medicaid
- Medicare
- Securities
- State and local finance
- Unemployment
- Wages and earnings
Latest Summary (1)
Shown Here:
Introduced in House (07/09/2009)
Reducing Barack Obama's Unsustainable Deficit Act - Rescinds all unobligated balances of the discretionary appropriations made available in division A of the American Recovery and Reinvestment Act of 2009 (ARRA).
Repeals subtitles B (Assistance for Vulnerable Individuals) and C (Economic Recovery Payments to Certain Individuals) of title II (the Assistance for Unemployed Workers and Struggling Families Act) and titles III (Premium Assistance for COBRA Benefits), IV (Medicare and Medicaid Health Information Technology; Miscellaneous Medicare Provisions), V (State Fiscal Relief), VI (Broadband Communications), and VII (Limits on Executive Compensation) of division B of ARRA.
Amends the Emergency Economic Stabilization Act of 2008 (EESA) to terminate upon enactment of this Act (currently, December 31, 2009) the Secretary of the Treasury's authority to establish the Troubled Asset Relief Program (TARP) and the program to guarantee troubled assets originated or issued before March 14, 2008, including mortgage-backed securities. Repeals the authorization for a two-year extension of such authority if the Secretary submits a specified certification to Congress.
Requires the Secretary, each time a financial institution makes a TARP repayment, to transfer such repayments to the special account established in the Treasury for reducing public debt.