Nonpartisan civic infrastructure
AllCiv·Legis1
·

S. 2245

BillFederalSenateIn Committee
A bill to cap noninterest Federal spending as a percentage of potential GDP to right-size the Government, grow the economy, and balance the budget.
About This Bill
Committee
Latest Action · July 24, 2019
Read twice and referred to the Committee on the Budget.
Congress
116th (2019–2021)
Introduced
July 24, 2019
Cosponsors (2)
0D 2R
View PDF ↗

Summary

Highlight any text to annotate
Maximizing America's Prosperity Act of 2019 This bill establishes annual spending limits that are equal to specified percentages of potential gross domestic product (GDP). Potential GDP generally refers to the GDP that would occur if the economy were at full employment without inflation. The spending limits apply to all budget authority and outlays of the federal government excluding net interest.

Take Action

Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.