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S 2911 111th Congress Senate Economics and Public Finance Budget deficits and national debt Budget process Legislative rules and procedure

Common Sense Budgeting Act

Introduced: December 18, 2009 See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 18, 2009
Read twice and referred to the Committee on the Budget.
Dec 18, 2009
Introduced in Senate
 Plain-English summary Congressional Research Service

Common Sense Budgeting Act - Amends the Congressional Budget Act of 1974 to make it out of order to consider in either chamber any legislation that would exceed specified discretionary spending limits.

Sets discretionary spending limits for FY2010-FY2014.

Permits waiver or suspension of such prohibition, or successful appeals from rulings of the Chair in the Senate only: (1) by an affirmative vote of two-thirds (67) of the Senate; or (2) in the case of the defense budget authority, a declaration of war by Congress.

Makes it out of order in the Senate to consider any direct spending or revenue legislation that would increase the on-budget deficit or cause an on-budget deficit for: (1) the current fiscal year; (2) the budget year; or (3) 5 to 10 ensuing fiscal years after the current fiscal year.

What's happening now December 18, 2009

Read twice and referred to the Committee on the Budget.

 Committees of jurisdiction 1
 Cosponsors 2
All 2 Republican 2