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H.R. 444: Require a PLAN Act
- Introduced:
- Feb 01, 2013 (113th Congress, 2013–2015)
- Sponsor:
- Rep. Tom Price [R-GA6]
- Status:
- Passed House
The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.
- Full Title
To require that, if the President's fiscal year 2014 budget does not achieve balance in a fiscal year covered by such budget, the President shall submit a supplemental unified budget by April 1, 2013, which identifies a fiscal year in which balance is achieved, and for other purposes.
- Summary
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No summaries available.
- Text
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Last updated Feb 07, 2013.
5 pages
- Primary Source
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View on THOMAS (The Library of Congress)
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- Citation
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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.
2/6/2013--Passed House amended.
Require Presidential Leadership and No Deficit Act or Require a PLAN Act - Directs the President, if his budget for FY2014, as submitted to Congress, results in a projected deficit in every fiscal year for which estimates are provided in it, to submit by April 1, 2013, a supplemental unified budget (the total level of outlays, total level of receipts, and the resulting deficit or surplus of the U.S. government for a fiscal year).
Requires a supplemental unified budget to include: the information required by law for the President's budget, an estimate of the earliest fiscal year in which the supplemental budget is not projected to result in a deficit, a detailed description of additional policies to be implemented in order to achieve such result (including an evaluation of duplicative agency functions and agency effectiveness, and proposals for consolidating duplicative functions and programs between agencies in the interests of cost-savings), an explanation of the differences between the President's original FY2014 budget and the supplemental unified budget, and an estimate of the cost per taxpayer of the annual deficit for each year in which the supplemental unified budget is projected to result in a deficit.
Requires the unified budget to include, under a separate heading entitled "Direct Spending," a category for "Means-Tested Direct Spending and a category for "Nonmeans-Tested Direct Spending" which specify: the average rate of growth for each category in the total amount of outlays during the 10-year period preceding the budget year, information on the budget proposals for reform of such programs, a description of programs which shall be considered means-tested direct spending and nonmeans-tested direct spending, and an annual estimate of the total amount of outlays for each such program for the period covered by the budget proposal.
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.
This summary can be found at http://www.gop.gov/bill/113/1/hr444.
Background
The Budget and Accounting Act of 1921 requires the President to submit a budget each year on the first Monday in February.[i] Despite this legal obligation, the President has failed to submit a timely budget four out of the last five years. The first and last timely budget submission occurred on February 1, 2010. Moreover, with respect to the FY 2014 budget, the President acknowledged on January 11, 2013 that he would not submit his budget as required by law and failed to identify a date for submission. [ii]
Contrary to pledges to cut the deficit in half during his first term, the President has run annual deficits that exceed one trillion dollars each of the last four years and increased the public debt by more than 50 percent. The President’s FY 2013 budget submission, which was made on February 13, 2012, set government spending at $47 trillion over ten years, a $1.5 trillion increase that was concealed through budget gimmicks.[iii] Despite receiving $620 billion in increased revenue in the American Taxpayer Relief Act of 2012, the President is calling for additional revenue to address the deficit rather than address the crux of the debt and deficit, which is the Administration’s out of control spending.[iv]
[i] See CRS: Introduction to the Federal Budget Process, December 3, 2012
Summary
H.R. 444 requires the President to submit a supplemental budget by April 1, 2013 in the event that the President’s initial 2014 budget submission does not achieve balance within a fiscal year covered by the initial budget. H.R. 444 requires the supplemental budget to identify when the President expects to achieve a balanced budget, the policies that will be implemented to achieve a balanced budget, and an explanation of how the policies in the supplemental differ from those in the initial budget.
House Democratic Caucus Summary
The House Democratic Caucus does not provide summaries of bills.
So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.
We’ll be looking for a source of summaries from the other side in the meanwhile.
The bill contains the following citations to other parts of U.S. law:
United States Code
The United States Code is the compilation of permanent laws enacted by Congress. Temporary and other non-permanent laws do not appear in the United States Code. (About half of the United States Code is the law itself, called positive law. The other half is merely a compilation of the laws but has no legal significance.)
- Title 31: MONEY AND FINANCE
- Subtitle II: THE BUDGET PROCESS
- Chapter 11: THE BUDGET AND FISCAL, BUDGET, AND PROGRAM INFORMATION
- Section 1105: Budget contents and submission to Congress