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H.R. 1745: Relief From Sequestration Act of 2017

The text of the bill below is as of Mar 27, 2017 (Introduced).

Source: GPO

I

115th CONGRESS

1st Session

H. R. 1745

IN THE HOUSE OF REPRESENTATIVES

March 27, 2017

(for himself, Mr. Conyers, Ms. Michelle Lujan Grisham of New Mexico, Mr. McGovern, Ms. Jayapal, and Ms. DelBene) introduced the following bill; which was referred to the Committee on the Budget

A BILL

To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to eliminate the section 251A sequestrations.

1.

Short title

This Act may be cited as the Relief From Sequestration Act of 2017.

2.

Findings and purposes

(a)

Findings

Congress finds the following:

(1)

Sequestration was designed as a forcing mechanism for an agreement on a comprehensive, deficit reduction plan. It has failed to produce the intended results.

(2)

The Budget Control Act of 2011 was enacted to avert a default on Federal debt obligations.

(3)

Because the Joint Select Committee on Deficit Reduction failed to recommend legislation providing an additional $1.2 trillion in deficit reduction, Federal law mandates that the additional savings be sequestered.

(4)

Congress must enact a comprehensive, deficit reduction plan to solve the country’s fiscal challenges and to promote national security, economic stability, and the continued growth and prosperity of the United States.

(5)

It no longer makes sense to rely on sequestration as a forcing mechanism for a balanced solution. The costs to our Government and to the economy are too great.

(6)

Under sequestration, damaging cuts would be applied, through fiscal year 2021, to a wide variety of discretionary spending programs to achieve $1.2 trillion in savings, forestalling the sound planning needed for prudent and meaningful investments in national security, the workforce, transportation infrastructure, education, health care, public safety, housing, innovation, small business development, and many other facets of enduring national strength.

(7)

Even the prospect of sequestration is disruptive to regular order and to the congressional appropriations process, and it fosters damaging economic uncertainty, while short-term solutions only suspend the prospect and continue to undermine the certainty needed for economic recovery.

(b)

Purposes

The purposes of this Act are to—

(1)

eliminate sequestration resulting from the failure of the Joint Select Committee on Deficit Reduction; and

(2)

offer the Federal Government, industry, and the American people the predictability that economic recovery demands.

3.

Repeal of section 251A sequestrations

(a)

Repealer

Section 251A of the Balanced Budget and Emergency Deficit Control Act of 1985 is repealed.

(b)

Conforming amendment

The item relating to section 251A in the table of contents set forth in section 250(a) of the Balanced Budget and Emergency Deficit Control Act of 1985 is repealed.