To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to extend the discretionary spending limits through fiscal year 2032, and for other purposes.
About This Bill
Committee
Latest Action · September 29, 2022
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.
Controlling America's Perilous Spending Act
This bill establishes annual discretionary spending limits for FY2023-FY2032.
The bill also establishes a budget point of order that may be raised against legislation that prevents a sequestration order from taking effect, such as legislation that suspends or waives an order. (Sequestration is a process of automatic, usually across-the-board spending reductions under which budgetary resources are permanently cancelled to enforce specific budget policy goals.)
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