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H.R.828: Decrease Spending Now Act
About this Bill
|This bill was introduced in the||113th Congress|
|This bill is primarily about||economics and public finance|
|You can||read the bill|
|Sponsor||Tom Price, R-Ga.|
|Total Cosponsors||44 (All Republicans)|
|Introduced||Feb. 26, 2013|
|Latest Major Action||Feb. 26, 2013|
|See it on||GovTrack|
|See it on||C-SPAN|
- Bill introduced in the House
- Bill passed in the House
- Bill passed in the Senate
- Bill signed into law
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to the Secretary of the Treasury and Congress a list of the accounts reduced by the rescission, including the amounts rescinded from each such account.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).
(Source: Congressional Research Service)
|Feb. 26, 2013||Referred to the House Committee on Appropriations.|