United States · United States Congress · 30 July 2010
Directs the Speaker of the House of Representatives and the President pro tempore of the Senate to arrange for the presentation of a congressional gold medal to Dr. Balazs "Ernie" Bodai in recognition of his many outstanding contributions to the nation, including a tireless commitment to breast cancer research.
United States · United States Congress · 30 July 2010
COBRA Affordability Act of 2010 - Amends the Internal Revenue Code to allow: (1) the establishment of tax-exempt accounts for the payment of COBRA (health insurance continuation benefits under the Consolidated Omnibus Budget Reconciliation Act of 1985) premiums; (2) an income-based tax deduction, up to $2,500, for cash contributions to such a COBRA premium payment account; (3) tax-free distributions from such an account for payment of COBRA premiums; (4) the rollover of unused amounts in such an account into a tax-exempt retirement account; and (5) employees to elect to enroll in an alternative health plan offered by their employers, in lieu of COBRA coverage.
United States · United States Congress · 30 July 2010
Recognizes the service and sacrifice of the 60th Air Mobility Wing, the 349th Air Mobility Wing, the 15th Expeditionary Mobility Task Force, and the 615th Contingency Response Wing civilians and families serving at Travis Air Force Base, California. Offers condolences to the families of the men and women of Team Travis who lost their lives defending the United States. Commends the actions of private citizens and organizations in the Travis Air Force Base community for their steadfast support of members of the Armed Forces and their families.
United States · United States Congress · 30 July 2010
Calls for: (1) a restoration of American federalism and a decentralization of government power and policymaking from the federal government to states, local communities, neighborhoods, families, and individual citizens; and (2) policy reforms that will allow the states to prove the virtues of federalism and thereby build a new nationwide consensus for decentralizing political power in the United States.
United States · United States Congress · 30 July 2010
Declares that: (1) it is Congress's responsibility to determine the regulatory authority of the Federal Communications Commission (FCC) with respect to broadband Internet services; and (2) the FCC should suspend any further action on its proceeding to extend its traditional communications regulatory authority to include such services until Congress delegates such authority to the FCC.
United States · United States Congress · 29 July 2010
No Taxpayer Funding for Abortion Act - Prohibits: (1) the expenditure of funds authorized or appropriated by federal law or funds in any trust fund to which funds are authorized or appropriated by federal law for any abortion or for health benefits coverage that includes coverage of abortion; (2) any tax benefits for amounts paid or incurred for an abortion or for a health benefits plan (including premium assistance) that includes coverage of abortion; and (3) the inclusion of abortion in any health care service furnished by a federal health care facility or by any physician or other individual employed by the federal government. Exempts from such prohibitions an abortion if the pregnancy is the result of rape or incest with a minor, or if the woman suffers from a physical disorder, injury, or illness that would, as certified by a physician, place the women in danger of death unless an abortion is performed, including a life-endangering physical condition caused by or arising from the pregnancy itself. Makes such prohibitions applicable to federal funding within the budget of the District of Columbia. Prohibits federal agencies or programs and states and local governments that receive federal financial assistance from discriminating against any individual or institutional health care entity on the basis that such entity does not provide, pay for, provide coverage of, or refer for abortions. Designates the Office for Civil Rights of the Department of Health and Human Services (HHS) to receive, and coordinate the investigation of, discrimination complaints.
United States · United States Congress · 29 July 2010
Repeals provisions of the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010 that: (1) restrict payments from health savings accounts, medical savings accounts, and health flexible spending arrangements for medications to prescription drugs and insulin only; and (2) impose a $2,500 limitation on salary reduction contributions to a health flexible spending arrangement under a cafeteria plan.
United States · United States Congress · 28 July 2010
Prohibits until January 1, 2012, the expenditure of funds for the construction or lease of buildings or space in the District of Columbia for any federal branch or entity within it, unless: (1) a contract for the construction or lease was entered into before the enactment of this Act; or (2) the interests of national security require the expenditure of funds for such purposes.
United States · United States Congress · 27 July 2010
Declares that no funds are authorized to be appropriated to carry out the Patient Protection and Affordable Care Act, the Health Care and Education Reconciliation Act of 2010, and any amendments made by either such Act.
United States · United States Congress · 22 July 2010
White Clay Creek Wild and Scenic River Expansion Act of 2010 - Amends the Wild and Scenic Rivers Act to designate additional segments and tributaries of the White Clay Creek in Delaware and Pennsylvania as components of the National Wild and Scenic Rivers System. Applies the White Clay Creek Wild and Scenic Rivers System Act to such additional segments and tributiaries of White Clay Creek.
United States · United States Congress · 22 July 2010
Mandate Prevention Act of 2010 - Amends the Congressional Budget Act of 1974 (CBA) to make it out of order to consider in either chamber of Congress any legislation that would increase the direct costs of federal private sector mandates by an amount that causes the applicable thresholds to be exceeded, unless the legislation: (1) provides new budget or entitlement authority in the House of Representatives or direct spending authority in the Senate for each fiscal year for such mandates in an amount equal to or exceeding the direct costs of each such mandate; or (2) includes an authorization of appropriations in an amount equal to or exceeding the direct costs of such mandates and makes other specified arrangements for up to 10 years during which each mandate shall be in effect under the legislation. Applies such prohibition to any legislative provision increasing direct costs of a federal private sector mandate (currently, federal intergovernmental mandate only) in any legislation reported by a congressional appropriations committee. Amends Rule XVIII (The Committee of the Whole House on the state of the Union) of the Rules of the House to state that the Committee of the Whole may be precluded from considering an amendment proposing only to strike an unfunded federal private sector mandate from the portion of the bill then open to amendment only by specific terms of a special order of the House. Amends the CBA to equalize the threshold between private sector and intergovernmental mandates.
United States · United States Congress · 22 July 2010
End the Lame Duck Act - Considers the House of Representatives to be adjourned sine die if it stands adjourned on the date of the regularly scheduled general election for federal office during a Congress (beginning with the 110th Congress) pursuant to a concurrent resolution providing for the adjournment of the House. Authorizes the Speaker of the House and the Majority Leader of the Senate, or their respective designees, acting jointly after consultation with the Minority Leaders of both chambers, to notify the Members of the House and Senate to reassemble if they determine that the existence of a national emergency warrants it. Provides for automatic continuing appropriations if a regular appropriation bill for a fiscal year does not become law before the date of the regularly scheduled general election for federal office held during such fiscal year.
United States · United States Congress · 22 July 2010
Condemns the government of the Islamic Republic of Iran for its: (1) threats to annihilate the United States and Israel; (2) support of international terrorism; and (3) incitement of genocide of the Israeli people. Supports using all means to persuade the government of Iran to stop building and acquiring nuclear weapons. Reaffirms the U.S. bond with Israel and pledges to work with the government of Israel and the people of Israel to ensure that their nation receives critical economic and military assistance, including missile defense capabilities, needed to address the Iranian threat. Supports Israel's right to use all means necessary to confront and eliminate nuclear threats posed by Iran.
United States · United States Congress · 15 July 2010
Recognizes the historic milestone of the 50th anniversary of the publication of "To Kill a Mockingbird." Honors Nelle Harper Lee for her outstanding achievement in the field of American literature in authoring "To Kill a Mockingbird."
United States · United States Congress · 15 July 2010
Commends: (1) the peaceful conduct of the June 2010 referendum and hopes that the new constitutional order will promote greater democracy in the Republic of Kyrgyzstan; and (2) the government of Uzbekistan for cooperating with the United Nations High Commissioner for Refugees, the International Committee of the Red Cross, the United Nations Children's Fund (UNICEF), and other international nongovernmental organizations in meeting the needs of ethnic Uzbek refugees who fled Kyrgyzstan. Regrets the loss of life in the recent ethnic uprisings and expresses concern for the welfare of those displaced. Encourages the development of ties between members of the House of Representatives and the Senate with members of the Parliament of Kyrgyzstan. Calls upon the Organization for Security and Cooperation in Europe to take an active role in assisting the government of Kyrgyzstan. Expresses the sense of the House of Representatives concerning steps to be taken by the government of Kyrgyzstan to restore order, provide for transparent parliamentary elections, and address political, social, ethnic, and economic tensions.
United States · United States Congress · 1 July 2010
National All Schedules Prescription Electronic Reporting Reauthorization Act of 2010 - Amends the National All Schedules Prescription Electronic Reporting Act of 2005 to include as a purpose of such Act to foster the establishment of state-administered controlled substance monitoring systems in order to ensure that appropriate law enforcement, regulatory, and state professional licensing authorities have access to prescription history information for the purposes of investigating drug diversion and prescribing and dispensing practices of errant prescribers or pharmacists. Amends the Public Health Service Act to revise and update the controlled substance monitoring program, including to: (1) allow grants to be used to maintain and operate existing state controlled substance monitoring programs; (2) require the Secretary of Health and Human Services (HHS) to redistribute any funds that are returned among the remaining grantees; (3) require a state that is not in compliance with the requirements for such program to submit a plan for bringing the state into compliance; and (4) require a state to provide the Secretary with aggregate data and other information to enable the Secretary to evaluate the success of the state's program and to submit a progress report to Congress. Requires a state receiving a grant to: (1) facilitate prescriber use of the state's controlled substance monitoring system; and (2) educate prescribers on the benefits of the system both to them and society.
United States · United States Congress · 1 July 2010
Prohibits the withdrawal of public lands or National Forest System lands from location and entry under the Mining Law of 1872 pursuant to a notice published in the Federal Register on July 21, 2009. Prohibits segregation of such lands from location and entry under such Law as specified in the notice and bars such notice from having any other force or effect.
United States · United States Congress · 1 July 2010
Meaningful End to Defensive Medicine & Aimless Lawsuits (MedMal) Act of 2010 - Sets forth provisions regulating lawsuits for health care liability claims related to the provision of health care goods or services. Sets a statute of limitations of three years after the date of the manifestation of injury or one year after the claimant discovers the injury, with certain exceptions. Caps the amount of noneconomic damages at $350,000 if a claimant rejects a settlement that meets certain criteria. Prohibits a provider of collateral source benefits from recovering any amount from an award in a health care lawsuit involving injury or wrongful death. Makes a benevolent gesture or admission of fault that is made by a health care provider or employee to the claimant or the claimant's relative or representative inadmissible as evidence of an admission of liability or an admission against interest. Makes each party liable only for the amount of damages proportional to such party's percentage of responsibility. Authorizes the award of punitive damages only where: (1) it is otherwise permitted by applicable state or federal law; (2) it is proven by clear and convincing evidence that the defendant acted with malicious intent to injure the claimant or deliberately failed to avoid unnecessary injury the claimant was substantially certain to suffer; and (3) compensatory damages are awarded. Provides for periodic payment of future damages. Prohibits a health care provider from being named as a party to a product liability lawsuit for prescribing or dispensing a Food and Drug Administration (FDA)-approved medical product. Prescribes qualifications for expert witnesses.
United States · United States Congress · 1 July 2010
Amends Rule XXII (House and Senate Relations) to prohibit a conference report from including a modification of any congressional earmark or limited tax or tariff benefit committed to the conference committee by either or both chambers if that modification is beyond the scope of that specific matter as committed to such committee.
United States · United States Congress · 30 June 2010
Responsible COBRA, Unemployment, and Poverty Extension Act - Amends the Supplemental Appropriations Act, 2008 with respect to the state-established individual emergency unemployment compensation account (EUCA). Extends the final date for entering a federal-state agreement under the Emergency Unemployment Compensation (EUC) program through FY2010. Postpones the termination of the program until March 1, 2011. Amends the Assistance for Unemployed Workers and Struggling Families Act to extend through FY2010 requirements that federal payments to states cover 100% of EUC. Amends the American Recovery and Reinvestment Act of 2009 (ARRA) to extend through FY2010, premium assistance for COBRA benefits (health insurance continuation benefits under the Consolidated Omnibus Budget Reconciliation Act of 1985). Prescribes a special rule for an individual who experiences a qualifying event related to a termination of employment on or after June 1, 2010, and before the enactment of this Act. Applies to all COBRA continuation coverage, including state continuation coverage programs, with respect to such individual rules similar to those in the ARRA: (1) extending the election period for, and the effect on, COBRA continuation coverage; and (2) requiring a notice of such action by the administrator of a group health plan. Amends the Department of Defense Appropriations Act, 2010 to extend the use of 2009 poverty guidelines through FY2010. Prohibits the Secretary of Health and Human Services (HHS) from publishing updated poverty guidelines for 2010 until after such date. Rescinds pro rata the unobligated balance of each amount appropriated or made available under ARRA (except under title X: Military Construction and Veterans Affairs of division A), so that the aggregate amount of such rescissions equals $27 billion to offset the net increase in spending resulting from this Act.
United States · United States Congress · 29 June 2010
Expresses support for the designation of National Prostate Cancer Awareness Month. Declares that steps should be taken to: (1) raise awareness about prostate cancer screening and treatment; (2) support research so that the screening and treatment of prostate cancer may be improved and the causes of, and a cure for, prostate cancer may be discovered; and (3) improve access to, and the quality of, health care services for detecting and treating prostate cancer.
United States · United States Congress · 25 June 2010
Designates the facility of the United States Postal Service located at 47 East Fayette Street in Uniontown, Pennsylvania, as the "George C. Marshall Post Office."
United States · United States Congress · 25 June 2010
Designates the facility of the United States Postal Service located at 47 South 7th Street in Indiana, Pennsylvania, as the "James M. 'Jimmy' Stewart Post Office Building."
United States · United States Congress · 24 June 2010
Directs the Secretary of Health and Human Services (HHS) to establish a demonstration project under title XVIII (Medicare) of the Social Security Act (SSA) to evaluate the benefits of providing payment for items and services needed for the administration, within the homes of Medicare beneficiaries, of intravenous immune globin (IVIG) for the treatment of primary immune deficiency diseases. Amends SSA title XVIII to treat as durable medical equipment (DME) any disposable drug delivery systems, including elastomeric infusion pumps, for the treatment of colorectal cancer.
United States · United States Congress · 23 June 2010
Expresses the sense of the House of Representatives that: (1) state and local governments should only execute the power of eminent domain for the public good; (2) state and local governments must always justly compensate affected individuals in accordance with the Fifth Amendment; (3) eminent domain should never be used to advantage one private party over another; (4) no state or local government should construe Kelo v. City of New London (Kelo) as justification to abuse the power of eminent domain; and (5) Congress reserves the right to address, through legislation, any abuses of eminent domain by state and local governments in light of Kelo .
United States · United States Congress · 16 June 2010
Debt Buy-Down Act - Amends the Internal Revenue Code to allow individual taxpayers to designate up to 10% of their adjusted income tax liability for the reduction of the public debt. Establishes in the Treasury the Public Debt Reduction Trust Fund to hold tax revenues generated by this Act for the reduction of the public debt. Amends the Balanced Budget and Emergency Deficit Control Act of 1985 to require a sequestration of federal spending equivalent to the estimated aggregate amount designated by taxpayers under this Act to reduce the public debt. Prohibits any reduction in social security retirement benefits, veterans benefits, or interest payments on federal debt as a result of any such sequestration.
United States · United States Congress · 16 June 2010
Expresses support for the observance of Thyroid Cancer Awareness Month to enhance thyroid cancer awareness and encourage early detection. Recognizes the work of national and community thyroid cancer organizations.
United States · United States Congress · 15 June 2010
Declares without force or effect: (1) the moratorium on deepwater drilling issued by the Secretary of the Interior set forth in the Minerals Management Service Notice to Lessees No. 2010-N04, dated May 30, 2010; and (2) any suspension of deepwater drilling operations issued in connection with such moratorium.
United States · United States Congress · 15 June 2010
Commemorates the 60th anniversary of the National Institute of Diabetes and Digestive and Kidney Diseases and commends the Institute for its leadership in research, research training, and science-based education programs. Recognizes the Institute-supported scientists, the volunteers who participate in clinical studies, and the patient and professional health organizations who contribute to the shared research goals of preventing, treating, and curing the diseases within the Institute's mission. Reaffirms support for the Institute.
United States · United States Congress · 10 June 2010
Expresses support for the designation of Blood Cancer Awareness Month. Encourages participation in voluntary activities to support blood cancer research and education.
United States · United States Congress · 8 June 2010
Recognizes the amount of work it requires to be a special education teacher. Commends special education teachers for their sacrifice and dedication while providing the quality life skills to individuals with special needs.
United States · United States Congress · 28 May 2010
Protecting Against Indebting our Descendants through Fully Offset Relief (PAID FOR) Temporary Extension Act of 2010 - Amends the Supplemental Appropriations Act, 2008 with respect to the state-established individual emergency unemployment compensation account (EUCA). Extends the final date for entering a federal-state agreement under the Emergency Unemployment Compensation (EUC) program through July 7, 2010. Postpones the termination of the program until December 11, 2010. Amends the Assistance for Unemployed Workers and Struggling Families Act to extend until July 7, 2010: (1) federal-state agreements increasing regular unemployment compensation payments to individuals; and (2) requirements that federal payments to states cover 100% of EUC. Amends the Unemployment Compensation Extension Act of 2008 to exempt weeks of unemployment between enactment of this Act and December 11, 2010, from the prohibition in the Federal-State Extended Unemployment Compensation Act of 1970 against federal matching payments to a state for the first week in an individual's eligibility period for which extended compensation or sharable regular compensation is paid if the state law provides for payment of regular compensation to an individual for his or her first week of otherwise compensable unemployment. (Thus allows temporary federal matching for the first week of extended benefits for states with no waiting period.) Amends the American Recovery and Reinvestment Act of 2009 (ARRA) to extend through June 30, 2010, premium assistance for COBRA (health insurance continuation benefits under the Consolidated Omnibus Budget Reconciliation Act of 1985) benefits. Amends title XVIII (Medicare) of the Social Security Act to extend through June 30, 2010, the 0% update to the conversion factor in the Medicare physican payment computation. Amends the Department of Defense Appropriations Act, 2010 to extend the use of 2009 poverty guidelines through June 30, 2010. Prohibits the Secretary of Health and Human Services (HHS) from publishing updated poverty guidelines for 2010 until after such date. Amends the Continuing Appropriations Resolution, 2010 to extend through June 30, 2010, the national flood insurance program. Amends the ARRA to extend through June 30, 2010, the small business loan guarantee program. Makes appropriations for the program as well as for the cost of certain loan guarantee fee reductions and eliminations. Rescinds pro rata the unobligated balance of each amount appropriated or made available under ARRA (except under title X: Military Construction and Veterans Affairs of division A), so that the aggregate amount of such rescissions equals $13 billion to offset the net increase in spending resulting from this Act.
United States · United States Congress · 27 May 2010
Recognizes the exemplary service of members of the 111th Fighter Wing of the Pennsylvania Air National Guard (111th). Honors and thanks all members of the 111th, past and present, for their tremendous contributions to the defense and security of the United States.
United States · United States Congress · 27 May 2010
Congratulates the government of South Africa upon its first two successful convictions for human trafficking. Calls on the government of South Africa to: (1) adopt the Prevention and Combating of Trafficking in Persons Bill; (2) prioritize anti-trafficking law enforcement during the 2010 Federation Internationale de Football Association (FIFA) World Cup; and (3) adopt measures to protect vulnerable children from sexual and labor exploitation. Urges the government of South Africa to prosecute tourists participating in commercial sexual exploitation of women and children during the 2010 World Cup.
United States · United States Congress · 27 May 2010
Expresses support for: (1) the designation of National Brain Tumor Awareness Month; (2) research to develop improved treatment options resulting in increased life spans for those with brain tumors; and (3) those who are battling brain tumors and their families, friends, and caregivers. Encourages increased public awareness of brain tumors to honor individuals who are living with or who have lost their lives to brain tumors. Urges a collaborative public-private approach to brain tumor research.
United States · United States Congress · 26 May 2010
Sets forth the congressional budget for the federal government for FY2011, including the appropriate budgetary levels for FY2010, and FY2012-FY2020. Lists recommended budgetary levels and amounts for FY2010-FY2020 with respect to: (1) federal revenues; (2) new budget authority; (3) budget outlays; (4) deficits (on-budget); (5) debt subject to limit; and (6) debt held by the public. Lists the appropriate levels of new budget authority and outlays for specified major functional categories for FY2010-FY2020. Sets forth reconciliation instructions for the House Committees on: (1) Agriculture; (2) Education and Labor: (3) Energy and Commerce; (4) Financial Services; (5) the Judiciary; (6) Natural Resources; (7) Oversight and Government Reform; and (8) Ways and Means. Requires the House Committee on the Budget to report a reconciliation bill that slows the growth in mandatory spending and achieves deficit reduction. Requires each House Committees to identify savings amounting to 1% of total mandatory spending under its jurisdiction from activities determined to be wasteful, unnecessary, or lower-priority. Prohibits House legislation that would require advance appropriations, except for certain FY2012-FY2013 programs, projects, activities, or accounts. States that Rule XXVII (Disclosure by Members and Staff of Employment Negotiations) [ sic ] of the Rules of the House of Representatives shall not apply with respect to adoption by Congress of a budget resolution for FY2011. Prescribes requirements for legislation reported out of committee and designated as an emergency requirement. Requires the Joint Committee on Taxation to calculate the impact of any proposal to change federal revenues on Gross Domestic Product (GDP), total domestic employment, and other specified economic variables. Prohibits the chairman of the House Committee on the Budget from taking into account the provisions of any piece of legislation which propose to increase revenue or offsetting collections if the net effect of the bill is to increase the level of revenue or offsetting collections beyond the level assumed in this concurrent resolution. Makes it out of order in the House to consider direct spending legislation increasing a specified on-budget deficit or decreasing an on-budget surplus for any applicable time period. Requires the chairman of the House Committee on the Budget to maintain a Budget Protection Mandatory Account and a Budget Protection Discretionary Account. Requires the Majority Leader to introduce rescission bills quarterly. Prescribes legislative procedures for their floor consideration. Expresses the sense of the House regarding: (1) baseline revenue projections; and (2) long-term budget projections. Establishes an earmark moratorium for FY2011 for legislation providing or authorizing discretionary budget authority, credit or other spending authority, providing a federal tax deduction, credit, or exclusion, or modifying the Harmonized Tariff Schedule in FY2011. Prohibits the House Committee on Rules from reporting a rule or order waiving such moratorium. Declares it is the policy of this resolution that: (1) the Patient Protection and Affordable Care Act (P.L. 111-148) and the Health Care and Education Reconciliation Act of 2010 (P.L. 111-152) should be repealed; and (2) in their place, health care reform that empowers patients should be enacted.
United States · United States Congress · 25 May 2010
Green Energy Efficient Roofs and Job Creation Act of 2010 - Amends the Internal Revenue Code to classify as 20-year property for depreciation purposes a roof replacement on a commercial building during 2010 or 2011 with a roof assembly which has the new insulation installed entirely above the roof deck and which meets or exceeds the minimum R-value for the appropriate climate zone as specified in the International Energy Conservation Code.
United States · United States Congress · 25 May 2010
Commends the millions of fathers who serve as wonderful, caring parents for their children. Calls on fathers across the United States to use Father's Day to: (1) reconnect and rededicate themselves to their children's lives; (2) spend Father's Day with their children; and (3) express their love and support for their children. Urges men to understand the level of responsibility fathering a child requires, especially in the encouragement of children's moral, mental, social, academic, emotional, physical, and spiritual development. Encourages active involvement of fathers in the rearing and development of their children, including the devotion of time, energy, and resources.
United States · United States Congress · 20 May 2010
Federal Workforce Reduction Act of 2010 - Prohibits the head of an executive agency from appointing any individual to a position in the agency in any fiscal year for which the Director of the Office of Management and Budget (OMB) projects a federal budget deficit. Makes an exception if: (1) there is a position available in the federal workforce hiring pool (to be established by the President); and (2) the President approves an agency head's request for the allocation of a position in the pool to the agency. Sets the number of positions in the hiring pool at zero as of the first day of FY2011, after which the number shall: (1) increase by .50 for each full time-equivalent position in any agency which subsequently becomes vacant; and (2) decrease by 1.0 for each request for a full time-equivalent position that is approved by the President. Authorizes the President to waive this limitation upon determining that such waiver is required by the existence of a state of war, other national security concern, or an extraordinary emergency threatening life, health, safety, or property. Exempts the Department of Defense (DOD), the Department of Homeland Security (DHS), and the Department of Veterans Affairs (VA).
United States · United States Congress · 18 May 2010
Foreign-Held Debt Transparency and Threat Assessment Act - Expresses the sense of Congress about the growing federal debt of the United States, the increasing U.S. dependence on foreign creditors like its largest foreign creditor, the People's Republic of China, whose holdings could give China a tool with which to manipulate U.S. policymaking (including with respect to Taiwan) and pose a direct threat to the national economy and national security. Directs the President to report quarterly to certain congressional committees on the risks posed by foreign holdings of U.S. debt instruments, and make such report public on the Internet. Directs the Comptroller General to report annually to certain congressional committees on such risks. Directs the President to formulate, report to the appropriate congressional committees, and implement a plan of action to reduce an unsustainable level of risk to an acceptable and sustainable level, in a manner that results in a reduction in federal spending, in any case in which the President or the Comptroller General makes specified determinations that a foreign country's holdings of U.S. debt instruments pose an unacceptable risk to long-term national security or economic stability, or that the levels of risk posed by the federal debt are unsustainable.
United States · United States Congress · 18 May 2010
Save America's Future Economy Act of 2010 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to require the Office of Management and Budget (OMB) to calculate the uniform percentage by which nonexempt spending accounts are to be sequestered such that total government spending for a budget year, compared to the preceding fiscal year, does not increase at a rate greater than the percentage point change in the Consumer Price Index (CPI) plus the percentage point change in annual population growth. Requires OMB to prepare annually a report to be included in the President's budget for each fiscal year setting forth: (1) the projected level of total federal spending for the current year; (2) the percentage point increase in the CPI over the fiscal year before the current year; (3) the total percentage point increase in population from July 1 of the second preceding fiscal year before the current year and July 1 of the fiscal year before the current year; (4) the sum of such total percentage point increases; and (5) the projected level of total federal spending for the budget year and the amount, if any, by which that spending would exceed the projected level of total federal spending for the current year, as adjusted by the such sum of the total percentage point increases. Prescribes requirements for OMB Preview Reports and OMB Final Sequestration Reports. Requires the President to issue a sequestration order, effective on issuance, if OMB in its Final Sequestration Report estimates that any sequestration is required. Prohibits OMB from including the budgetary effects of an emergency requirement in its estimates. Exempts from any sequestration reduction order: (1) payments for net interest; and (2) federal obligations required to be paid under the U.S. Constitution or legally contractual obligations. Extends indefinitely certain Pay-As-You-Go (PAYGO) enforcement mechanisms.
![Official portrait of Rep. Pitts, Joseph R. [R-PA-16]](https://www.congress.gov/img/member/p000373_200.jpg)