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HR 1955 117th Congress House Economics and Public Finance Appropriations Budget deficits and national debt Budget process Cardiovascular and respiratory health Emergency medical services and trauma care Employee benefits and pensions Foreign aid and international relief Infectious and parasitic diseases International organizations and cooperation Medicare Multilateral development programs State and local finance State and local government operations United Nations

RESCUE Act

Introduced: March 17, 2021 Introduced by: Donalds, Byron Republican · Florida See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 17, 2021
Referred to the House Committee on the Budget.
Mar 17, 2021
Introduced in House
 Plain-English summary Congressional Research Service

Responsible and Effective Spending Cuts of Undesirable Expenditures Act or the RESCUE Act

This bill temporarily modifies the requirements for the sequestration process (i.e., automatic spending reductions) that is used to enforce the Statutory Pay-As-You-Go Act of 2010 (Statutory PAYGO Act), which generally prohibits revenue or direct spending legislation from increasing the deficit.

With respect to the first sequestration order issued under the Statutory PAYGO Act after the enactment of this bill, the bill modifies the requirements to (1) require additional reductions to certain programs that were funded in the American Rescue Plan Act of 2021, including programs that are unrelated to the direct health care treatment and prevention of COVID-19 in the United States; and (2) exempt Medicare from the process.

What's happening now March 17, 2021

Referred to the House Committee on the Budget.

 Committees of jurisdiction 1