HR 3883
112th Congress
House
Economics and Public Finance
Budget process
Government employee pay, benefits, personnel management
Members of Congress
Budget or Bust Act
Introduced: February 2, 2012
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 8, 2012
Sponsor introductory remarks on measure. (CR H590)
Feb 2, 2012
Referred to the Committee on the Budget, and in addition to the Committees on House Administration, Oversight and Government Reform, and 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.
Feb 2, 2012
Introduced in House
Plain-English summary
Budget or Bust Act - Repeals requirements that the President submits annual budgets, including supplemental budget estimates and changes to Congress.
Amends the Congressional Budget Act of 1974 to revise accordingly congressional procedures for considering budget resolutions.
Requires the Secretary of the Treasury to deposit all payments otherwise required to be made for Members of Congress' compensation in an escrow account to be released to the Members only upon the adoption of a budget resolution, if on or before April 1 of any year Congress does not adopt a budget resolution for the fiscal year that begins on October 1 of that year.
What's happening now
Sponsor introductory remarks on measure. (CR H590)
Committees of jurisdiction
4