S. 726 (112th): Decrease Spending Now Act

Introduced:
Apr 05, 2011 (112th Congress, 2011–2013)
Status:
Died (Referred to Committee)
Sponsor
Marco Rubio
Junior Senator from Florida
Party
Republican
Text
Read Text »
Last Updated
Apr 05, 2011
Length
2 pages
Related Bills
S. 379 (113th) was a re-introduction of this bill in a later Congress.

Referred to Committee
Last Action: Feb 26, 2013

H.R. 1111 (identical)

Referred to Committee
Last Action: Mar 16, 2011

 
Status

This bill was introduced on April 5, 2011, in a previous session of Congress, but was not enacted.

Progress
Introduced Apr 05, 2011
Referred to Committee Apr 05, 2011
 
Full Title

A bill to rescind $45 billion of unobligated discretionary appropriations, and for other purposes.

Summary

No summaries available.

Cosponsors
18 cosponsors (18R) (show)
Committees

Senate Budget

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

S. stands for Senate bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

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


4/5/2011--Introduced.
Decrease Spending Now Act - Rescinds $45 billion of unobligated balances of current discretionary appropriations.
Requires the Director of the Office of Management and Budget (OMB) to: (1) determine which appropriation accounts the rescission shall apply to and the amount that each such account shall be reduced, and (2) report to the Secretary of the Treasury and Congress a list of the accounts reduced by the rescission, including the amounts rescinded from each such account.
Exempts from such rescission the Department of Defense (DOD), the Department of Veterans Affairs (VA), and the Social Security Administration (SSA).

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

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.

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