S 2245
116th Congress
Senate
Economics and Public Finance
Appropriations
Budget deficits and national debt
Budget process
Economic performance and conditions
Maximizing America’s Prosperity Act of 2019
Introduced: July 24, 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
Jul 24, 2019
Read twice and referred to the Committee on the Budget.
Jul 24, 2019
Introduced in Senate
Plain-English summary
Maximizing America's Prosperity Act of 2019
This bill establishes annual spending limits that are equal to specified percentages of potential gross domestic product (GDP). Potential GDP generally refers to the GDP that would occur if the economy were at full employment without inflation. The spending limits apply to all budget authority and outlays of the federal government excluding net interest.
What's happening now
Read twice and referred to the Committee on the Budget.
Committees of jurisdiction
1