S.Res. 331 (112th): A resolution expressing the sense of the Senate that Congress should “Go Big” in its attempts toward deficit reduction.

Introduced:
Nov 16, 2011 (112th Congress, 2011–2013)
Sponsor:
Sen. Mark Kirk [R-IL]
Status:
Died (Referred to Committee)

The resolution’s title was written by the resolution’s sponsor. S.Res. stands for Senate simple resolution.

GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


11/16/2011--Introduced.
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.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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