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Dollar-for-Dollar Deficit Reduction Act

Introduced: June 27, 2019 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 27, 2019
Read twice and referred to the Committee on the Budget.
Jun 27, 2019
Introduced in Senate
 Plain-English summary Congressional Research Service

Dollar-for-Dollar Deficit Reduction Act

The bill establishes a framework to require legislation that increases or suspends the public debt limit to include spending reductions that are equal to or greater than the projected increase in debt that will occur under the legislation. The bill allows the spending reductions to be phased in over a 10-year period.

What's happening now June 27, 2019

Read twice and referred to the Committee on the Budget.

 Committees of jurisdiction 1