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- S.897
S.897: Limitation on Government Spending Act of 2009
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about economics and public finance
- Introduced April 24, 2009
- Latest Major Action April 24, 2009
Bill Sponsor
Bill Cosponsor
Bill Summary
Limitation on Government Spending Act of 2009 - Amends the Congressional Budget Act of 1974 to define GDP as the gross domestic product for the relevant fiscal year as most recently estimated by the Congressional Budget Office (CBO). Defines federal spending limits for: (1) FY2011, as outlays not exceeding 22% of the GDP; (2) FY2012, as outlays not exceeding 21% of the GDP; and (3) FY2013 and fiscal years thereafter, as outlays not exceeding...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on the Budget.
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| April 24, 2009 |
Introduced in the Senate by Orrin G. Hatch (R-Utah) |