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SRES 331 112th Congress Senate Economics and Public Finance Budget deficits and national debt Competitiveness, trade promotion, trade deficits Economic performance and conditions Financial services and investments Tax reform and tax simplification Unemployment

A resolution expressing the sense of the Senate that Congress should "Go Big" in its attempts toward deficit reduction.

Introduced: November 16, 2011 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 16, 2011
Referred to the Committee on Finance. (text of measure as introduced: CR S7620)
Nov 16, 2011
Introduced in Senate
 Plain-English summary Congressional Research Service

Expresses the sense of the Senate that Congress should pass a deficit reduction measure that: (1) includes enough deficit reduction to stabilize the federal debt as a share of the economy, put the debt on a downward path, and provide fiscal certainty; (2) reduces the deficit by at least $4 trillion over 10 years in order to reassure financial markets; (3) uses established, bipartisan debt and deficit reduction frameworks as a starting point for discussions; (4) focuses on the major parts of the budget and includes long-term entitlement reforms and pro-growth tax reform; (5) is structured to grow the economy in the short, medium, and long terms to create jobs in the United States; and (6) includes tax reform that guarantees deficit reduction and economic growth to rebuild America.

What's happening now November 16, 2011

Referred to the Committee on Finance. (text of measure as introduced: CR S7620)

 Committees of jurisdiction 1