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- H.R.5008
H.R.5008: Targeted Deficit Reduction Act of 2010
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about economics and public finance
- Introduced April 13, 2010
- Latest Major Action April 13, 2010
Bill Sponsor
Bill Cosponsors
43 (All Democrats)
Bill Summary
Targeted Deficit Reduction Act of 2010 - Amends the Congressional Budget Act of 1974 to require each budget resolution for FY2011-FY2020 to include reconciliation directives to reduce the deficit to achieve the following goals: (1) primary budget balance by FY2015; (2) full budget balance by FY2020; and (3) a debt-to-gross domestic product (GDP) ratio of 60% by FY2020. Requires any committee that receives such reconciliation directives to be...
(Source: Library of Congress)
Bill Actions
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Referred to the Committee on Rules, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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Referred to House Rules
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Referred to House Budget
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| April 13, 2010 |
Introduced in the House by Betsy Markey (D-Colo.) |