HR 9519
Stop Bankrupting Our Country Act
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Bill overview
This bill, the Stop Bankrupting Our Country Act, aims to limit the growth of federal spending. It establishes a spending limit for each fiscal year, tied to inflation and population growth, with a potential exception requiring a two-thirds vote in Congress for increases. If federal spending exceeds the limit, a corresponding amount is automatically rescinded. The bill seeks to control government spending and prevent a potential national debt crisis.
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