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H.R. 3043 (112th): To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to reduce the discretionary spending limit for fiscal year 2013 and 2014 to the fiscal year 2012 level.

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


9/23/2011--Introduced. Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to reduce the discretionary spending limits (spending caps) for security and nonsecurity categories for FY2013-FY2014 to the FY2012 spending level of $1.43 trillion.