H.R.1955: RESCUE Act

About This Bill

  • Introduced March 17, 2021
  • Latest Major Action March 17, 2021

Bill Version

Bill Summary

Responsible and Effective Spending Cuts of Undesirable Expenditures Act or the RESCUE Act This bill temporarily modifies the requirements for the sequestration process (i.e., automatic spending reductions) that is used to enforce the Statutory Pay-As-You-Go Act of 2010 (Statutory PAYGO Act), which generally prohibits revenue or direct spending legislation from increasing the deficit. With respect to the first sequestration order issued under...

(Source: Library of Congress)

Bill Actions

Date Description
March 17, 2021
Referred to the House Committee on the Budget.
March 17, 2021

Introduced in the House by Byron Donalds (R-Fla.)

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