H.R.6535: Save America's National Economy Act

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about taxation
  • Introduced Sept. 21, 2012
  • Latest Major Action Sept. 21, 2012

Bill Cosponsor

Bill Summary

Save America's National Economy Act - Repeals provisions of the Balanced Budget and Emergency Deficit Control Act of 1985, as added by the Budget Control Act of 2011, that require automatic reductions in discretionary spending (sequestration) between FY2013 and FY2021. Amends the Internal Revenue Code to: (1) increase individual income tax rates for taxpayers whose taxable income exceeds $1 million, and (2) provide for an adjustment in the...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the Committee on the Budget, and in addition to the Committee on Ways and Means, 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.
Referred to House Budget
Referred to House Ways and Means
Sept. 21, 2012

Introduced in the House by Jerrold Nadler (D-N.Y.)

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