S 2765
Bipartisan Congressional Budget Reform Act
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Bill overview
The Bipartisan Congressional Budget Reform Act aims to modernize the federal budget process. It proposes requiring biennial congressional budget resolutions instead of annual ones, establishing a target for the debt-to-GDP ratio, and enforcing this target through reconciliation. The bill also seeks to streamline debt limit adjustments and discretionary spending limits, rename the Senate Budget Committee, and expand reporting requirements for various government bodies. It introduces changes to the timeline for budget submissions and consideration, and includes provisions for expedited consideration of bipartisan budget resolutions.
Sponsors
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Primary sponsor
Michael B. Enzi
Cosponsors
Angus S., Jr. King
David Perdue
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