The world's political record
Records whose title is actually about this topic. Use a country filter if the list is still too broad.
1,401 records in US in 2009
United States · United States Congress · 14 January 2009
Amends the Internal Revenue Code to require excise taxes on recreational equipment to be due and payable on the date for filing the return for such taxes.
United States · United States Congress · 14 January 2009
Education Savings Modernization Act of 2009 - Amends the Internal Revenue Code to: (1) increase from $2,000 to $4,000 the annual contribution limit to Coverdell education savings accounts; and (2) adjust such contribution limit for inflation after 2009. Makes permanent provisions enacted by the Economic Growth and Tax Relief Reconciliation Act of 2001 relating to Coverdell education savings accounts and qualified tuition programs.
United States · United States Congress · 14 January 2009
Health Care Freedom of Choice Act - Amends the Internal Revenue Code to allow the tax deduction for medical expenses without the gross income percentage limitation.
United States · United States Congress · 13 January 2009
Community Revitalization Energy Conservation Act - Amends the Internal Revenue Code to increase to $3.6 billion the national limitation on the issuance of qualified energy conservation bonds. Expands the purposes of green community programs to include the reduction of energy consumption in privately owned buildings and the recruiting and training of local workers in green community program jobs. Requires the Secretary of the Treasury to submit to Congress and publish in the Federal Register an annual report on projects for which qualified energy conservation bonds are issued. Provides for offsets to the cost of this Act by prohibiting FY2009 expenditures (except for program windup costs) and repealing multiyear procurement authority for the F-22A Raptor fighter aircraft.
United States · United States Congress · 13 January 2009
Security through Termination Of Proliferation Act of 2009 or the STOP Act of 2009 - States that specified U.S. sanctions with respect to Iran, North Korea, or Syria shall remain in effect until the President certifies to the appropriate congressional committees that such country has verifiably dismantled its weapons of mass destruction programs. Amends the Iran, North Korea, and Syria Nonproliferation Act to include within the scope of such Act (including identification/reporting and sanction provisions) persons involved in the transshipment (as defined by this Act) of certain goods, services, or technology. Establishes restrictions on nuclear cooperation with a country that is assisting the nuclear program of, or transferring advanced conventional weapons or missiles to, Iran, North Korea, or Syria. Provides for exclusion from the United States (with a discretionary national security waiver by the President) of an alien who is a senior government official of a foreign government or a corporate principal or significant shareholder of a foreign person identified as involved in proliferation activities respecting Iran, North Korea, or Syria. Amends the Internal Revenue Code to: (1) deny a foreign tax credit to a taxpayer engaged in business activity with Iran that is prohibited by U.S. law; and (2) set forth income tax provisions respecting a foreign corporation engaged in business activity with Iran that is prohibited by U.S. law. Establishes the Compensation for Former United States Hostages in Iran Fund.
United States · United States Congress · 13 January 2009
More Children, More Choices Act of 2009 - Amends title XXI (State Children's Health Insurance) (SCHIP) of the Social Security Act (SSA) to require a state SCHIP plan to specify how it will achieve coverage for 90% of targeted low-income children. Prohibits SCHIP payment for children with family income above 250% of the applicable poverty line. Sets forth special rules for SCHIP payment for children with family income above 200% of the applicable poverty line. Provides for standardization of income determinations. Applies citizenship documentation requirements to SCHIP beneficiaries, and increases the federal matching rate for citizenship documentation enforcement under SSA title XIX (Medicaid) and SCHIP. Places limitations on SCHIP eligibility based on substantial net assets. Requires state SCHIP plans to describe how they will provide for targeted low-income children covered under a group health plan. Revises federal financial participation requirements for employer-sponsored insurance. Requires the offering of alternative coverage options under SCHIP. Changes the allotment distribution formula for allotments to the states and the District of Columbia, particularly for targeted low-income children and pregnant women. Prohibits redistribution of unused allotments. Reauthorizes the SCHIP program through FY2014 at increased levels. Directs the Secretary of Health and Human Services to make grants to eligible entities to improve outreach to and enrollment of eligible children. Amends the Internal Revenue Code to allow: (1) a limited tax credit for qualified health insurance for any dependent child; and (2) advance payment to insurance providers of health insurance credit for purchasers of such insurance. Directs the Secretary to establish a State Health Coverage Innovation Commission to make grants to states for innovative health reform projects. Directs the Secretary to implement administrative reforms with respect to the Medicare and Medicaid programs sufficient to result in projected reductions in the Medicare and Medicaid federal budget baselines for FY2010-2015 that exceed the projected revenue loss for the same period attributable to the tax credit provided for, and the increase in the federal budget baseline for SCHIP resulting from, this Act.
United States · United States Congress · 13 January 2009
Amends the Internal Revenue Code to make permanent: (1) the Indian employment tax credit; and (2) accelerated depreciation of business property used on Indian reservations.
United States · United States Congress · 13 January 2009
Amends the Internal Revenue Code to qualify low-income building units that provide housing for a student who previously was a homeless child or youth for the low-income housing tax credit.
United States · United States Congress · 13 January 2009
Amends the Internal Revenue Code to qualify corporations and partnerships created or organized as community development entities in American Samoa, the Commonwealth of the Northern Mariana Islands, Guam, Puerto Rico, or the Virgin Islands for the new markets tax credit.
United States · United States Congress · 13 January 2009
Strategic Communication Act of 2009 - Directs the Secretary of State to solicit from tax-exempt national security and foreign policy research organizations offers to establish a Center for Strategic Communication, and select one organization to establish such Center. Includes among Center duties: (1) provision of information and analysis to the Department of State, the Department of Defense (DOD), the Department of Justice, the Department of Homeland Security (DHS), and the Director of National Intelligence on U.S. security and foreign policy issues; (2) development of U.S. communications strategies and monitoring techniques; (3) support of government-wide strategic communication through services provided on a cost-recovery basis; (4) contracting with private sector and academic entities; and (5) mobilization of nongovernment initiatives.
United States · United States Congress · 13 January 2009
Economic Recovery and Middle-Class Tax Relief Act of 2009 - Makes permanent the reductions in the dividend and capital gain tax enacted by the Jobs and Growth Tax Relief Reconciliation Act of 2003. Amends the Internal Revenue Code to: (1) reduce individual and corporate income tax rates; (2) repeal the alternative minimum tax for individual taxpayers; (3) allow inflation adjustments to the basis of capital assets in determining gain or loss; (4) reduce the capital gains tax rate for corporations; (5) repeal limitations on the expensing allowance for depreciable business assets; (6) make permanent the tax credit for increasing research activities; (7) extend the carryback period for net operating losses to seven years; (8) increase the child tax credit; (9) exclude from gross income in 2009 distributions from an individual retirement plan (IRA) and exempt IRAs from mandatory distribution requirements after 2009; and (10) increase the tax deductions for tuition and related expenses and for the interest on qualified education loans. Makes 1% across-the-board rescissions in non-defense discretionary spending for FY2009.
United States · United States Congress · 13 January 2009
Right Start Child Care and Education Act of 2009 - Amends the Internal Revenue Code to: (1) increase the rates and maximum allowable amount of the tax credit for employer-provided child care facilities; (2) increase the eligibility threshold amount and rate of the household and dependent care tax credit and make such credit refundable; (3) allow a new $2,000 tax credit for child care providers who hold a bachelor's degree in early childhood education, child care, or a related degree and who provide at least 1,200 hours of child care services in a taxable year; and (4) increase the tax exclusion for employer-provided dependent care assistance.
United States · United States Congress · 13 January 2009
Children's Health Insurance Program Reauthorization Act of 2009 - Amends title XXI (State Children's Health Insurance Program) (SCHIP) of the Social Security Act (SSA) to reauthorize the program (referred to in this Act as CHIP) through FY2013 at increased levels. Revises requirements for: (1) CHIP allotments; (2) optional coverage of low-income pregnant women; (3) outreach and enrollment activities; (4) verification of U.S. citizenship or nationality for CHIP and Medicaid (SSA title XIX); (5) state option for providing premium assistance, including coordination with private coverage; (6) child health quality improvement activities; (7) access to dental and mental health benefits; and (8) program integrity and data collection, including the payment error rate measurement (PERM). Establishes in the Treasury the Child Enrollment Contingency Fund. Requires phase-out of CHIP coverage for nonpregnant childless adults. Limits the matching rate for states that propose to cover children with effective family income that exceeds 300% of the poverty line. Denies federal funding for illegal aliens. Prohibits initiation of new health opportunity account demonstration programs. Establishes a task force to conduct a nationwide campaign of education and outreach for small business concerns regarding the availability of coverage for children through private insurance options, the Medicaid program, and CHIP. Expresses the sense of the Senate affirming its intent to enact legislation this year that improves access to affordable and meaningful health insurance coverage for employees of small businesses and individuals. Prohibits any increase in physician ownership or investment in hospitals or any expansion of the physical capacity of such hospitals. Prescribes requirements for hospitals to qualify for the rural provider and hospital exception to such prohibition. Amends the Internal Revenue Code to increase the excise tax on tobacco products but allow a specified credit against tobacco floor stocks taxes. Directs the Secretary of the Treasury to study and make recommendations to Congress about the magnitude of tobacco smuggling in the United States. Amends the Tax Increase Prevention and Reconciliation Act of 2005 to increase the amount of any required installment of corporate estimated tax which is otherwise due in July, August, or September 2013.
United States · United States Congress · 12 January 2009
Children's Health Equity Technical Amendments Act of 2009 - Amends title XXI (State Children's Health Insurance Program) (SCHIP) of the Social Security Act, as amended by the Medicare, Medicaid, and SCHIP Extension Act of 2007, to permit qualifying states to use their SCHIP allotments without fiscal year or percentage limitations for certain Medicaid expenditures for individuals under age 19 whose family income exceeds 150% of the poverty line. Revises the eligibility requirements for such allowable expenditures to reduce the family income threshold from a minimum of 150% of the poverty line to a minimum of 125% of the poverty line.
United States · United States Congress · 12 January 2009
Amends the Internal Revenue Code to extend through 2010 the additional standard tax deduction for real property taxes for taxpayers who do not itemize their tax deductions.
United States · United States Congress · 12 January 2009
Health Insurance Tax Relief Act - Amends the Internal Revenue Code to allow individual taxpayers a tax deduction for the first $2,000 ($4,000 in the case of a married couple filing jointly) of premiums paid for health insurance. Allows such deduction to taxpayers whether or not they itemize their tax deductions. Reduces the amount of such deduction for a taxpayer whose adjusted gross income exceeds $75,000 ($150,000 in the case of a married couple filing jointly).
United States · United States Congress · 12 January 2009
Amends the Internal Revenue Code to: (1) extend through 2012 the alternative motor vehicles tax credit for advanced lean burn technology, hybrid, and new alternative fuel motor vehicles; (2) increase the amounts of such credit; (3) repeal limitations on the number of hybrid and advanced lean-burn technology vehicles eligible for such credit; and (4) deny such credit to a taxpayer whose adjusted gross income exceeds $100,000 ($200,000 in the case of married couples filing jointly).
United States · United States Congress · 12 January 2009
Right Start Child Care and Education Act of 2009 - Amends the Internal Revenue Code to: (1) increase the rates and maximum allowable amount of the tax credit for employer-provided child care facilities; (2) increase the eligibility threshold amount and rate of the household and dependent care tax credit and make such credit refundable; (3) allow a new $2,000 tax credit for child care providers who hold a bachelor's degree in early childhood education, child care, or a related degree and who provide at least 1,200 hours of child care services in a taxable year; and (4) increase the tax exclusion for employer-provided dependent care assistance.
United States · United States Congress · 9 January 2009
Responsible Highway Investment Act of 2009 - Amends the Internal Revenue Code to terminate the requirement that obligations held by the Highway Trust Fund be U.S. obligations that are not interest-bearing.
United States · United States Congress · 9 January 2009
College Learning Access Simplicity and Savings Act of 2009 or the CLASS Act of 2009 - Amends the Internal Revenue Code to replace the Hope Scholarship tax credit with the College Affordability Credit, which shall allow: (1) a partially refundable tax credit of up to $1,200 for qualified tuition and related expenses (including required course materials) at an institution of higher education; and (2) an additional 50% tax credit for such expenses exceeding $1,200 but not exceeding $4,800. Repeals the tax deduction for qualified tuition and related expenses.
United States · United States Congress · 9 January 2009
Renewable Energy Production Tax Credit Extension Act of 2009 - Amends the Internal Revenue Code to extend for five years the tax credit for producing electricity from certain facilities using renewable resources.
United States · United States Congress · 9 January 2009
Amends the Internal Revenue Code to extend for two years the tax credit for producing electricity from certain renewable resources (e.g., wind, biomass, solar, trash, and hydropower generating facilities).
United States · United States Congress · 9 January 2009
Protecting Senior's Nest Egg Act of 2009 - Amends the Internal Revenue Code to extend through 2010 the suspension of minimum distribution rules for tax-deferred retirement plans.
United States · United States Congress · 9 January 2009
Amends the Internal Revenue Code to eliminate tax-exempt interest earned on private activity bonds as an item of tax preference for purposes of calculating the alternative minimum tax.
United States · United States Congress · 9 January 2009
Stop the Congressional COLA Act - Declares that no automatic pay adjustment shall be considered to have taken effect in FY2010 in the rates of basic pay for Members of Congress under the General Schedule (thus eliminating the pay adjustment for Members for such fiscal year).
United States · United States Congress · 9 January 2009
Ready Employers Willing to Assist Reservists' Deployment Act of 2009 or the REWARD Act of 2009 - Amends the Internal Revenue Code to allow employers a tax credit for 50% of the wages paid to their employees on active military duty for more than 90 days as Ready Reserve or National Guard and for 50% of the wages paid to temporary replacement employees.
United States · United States Congress · 9 January 2009
Consumer Auto Relief Act of 2009 or the CAR Act of 2009 - Amends the Internal Revenue Code to allow individual taxpayers a tax deduction for: (1) up to $7,500 of the purchase price of a new passenger automobile or light truck that is purchased in 2009; (2) interest paid on any loan to purchase such vehicles; and (3) state and local sales taxes paid on a vehicle purchase. Excludes from the gross income of lenders 50% of the interest paid on any consumer loan for the purchase of a new passenger automobile or light truck.
United States · United States Congress · 9 January 2009
Makes 2% across-the-board rescissions in non-defense, non-homeland-security discretionary spending for FY2009.
United States · United States Congress · 9 January 2009
Makes 5% across-the-board rescissions in non-defense, non-homeland-security discretionary spending for FY2009.
United States · United States Congress · 9 January 2009
Amends the Internal Revenue Code to extend through 2009: (1) the increased ($250,000) expensing allowance for depreciable business assets; and (2) the additional 50% depreciation allowance for certain types of investment property (bonus depreciation).
United States · United States Congress · 9 January 2009
Expensing Property Expands our Nation's Strong Economy Act of 2009 or the EXPENSE Act of 2009 - Amends the Internal Revenue Code to: (1) repeal the limitations on the expensing of depreciable business assets; and (2) allow taxpayers to elect a two-year recovery period for depreciable property.
United States · United States Congress · 9 January 2009
Certain Estate Tax Relief Act of 2009 - Repeals provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) eliminating the tax on estates and generation-skipping transfers and the step-up in basis provisions for property acquired from a decedent for estates of decedents dying after 2009. Declares that the sunset provision (general terminating date of December 10, 2010) of EGTRRA shall not apply to title V of such Act ( Estate, Gift, and Generation-Skipping Transfer Tax Provisions). Amends the Internal Revenue Code to: (1) provide for an increase to $3.5 million of the estate tax exclusion (eliminating the phase-in period); (2) impose a maximum estate tax rate of 45% ; (3) restore the phaseout of graduated estate tax rates and the unified credit against the estate tax; (4) set forth estate valuation rules for certain transfers of nonbusiness assets; and (5) limit estate tax discounts for certain individuals with minority interests in a business acquired from a decedent.
United States · United States Congress · 9 January 2009
State and Local Sales Tax Deduction Expansion Act of 2009 - Amends the Internal Revenue Code to allow all individual taxpayers a tax deduction for state and local general sales taxes (current law allows taxpayers an election to deduct either state and local income taxes or sales taxes).
United States · United States Congress · 9 January 2009
Green Roofing Energy Efficiency Tax Act of 2009 or GREETA of 2009 - Amends the Internal Revenue Code to: (1) classify as 20-year property for depreciation purposes any roof system which meets the requirements of Standard 90.1-2004 of the American Society of Heating, Refrigerating, and Air Conditioning Engineers and is on nonresidential real property; and (2) require use of the straight line method for depreciation of such property.
United States · United States Congress · 9 January 2009
Senior Assets Verification Exemption (SAVE) from Capital Gains Tax Act of 2009 - Amends the Internal Revenue Code to allow a tax deduction for the qualified net capital gain of taxpayers age 65 and older. Defines "qualified net capital gain" as the lesser of: (1) net capital gain; or (2) net capital gain only from assets held for at least 15 years.
United States · United States Congress · 9 January 2009
Makes 1% across-the-board rescissions in non-defense, non-homeland-security discretionary spending for FY2009.
United States · United States Congress · 9 January 2009
Amends the Internal Revenue Code to provide for the refundability of the child tax credit in taxable years beginning in 2009 through 2013 and to render certain limits on such credit inapplicable during that period.
United States · United States Congress · 9 January 2009
Rural Hospital Assistance Act of 2009 - Amends title XVIII (Medicare) of the Social Security Act with respect to the additional inpatient hospital service payment (payment adjustment) for low-volume hospitals (usually meaning a "subsection (d) hospital" located more than 25 road miles from another subsection (d) hospital and having less than 800 discharges during the fiscal year.) (Generally, a subsection (d) hospital is an acute care hospital, particularly one that receives payments under Medicare's inpatient prospective payment system (IPPS) when providing covered inpatient services to eligible beneficiaries.) Redefines low-volume hospital, for discharges occurring during FY2009 only, as a subsection (d) hospital located more than 15 (instead of 25) road miles from another subsection (d) hospital and having less than 1,500 (instead of 800) discharges of individuals entitled to, or enrolled for, Medicare part A (Hospital Insurance) benefits ("tweeners,'' or hospitals too large to be critical access hospitals, but too small to be financially viable under the Medicare hospital prospective payment system (PPS)). Revises, for FY2010 only, the temporary applicable percentage in the formula for determining the payment adjustment for such hospitals. Requires the use of the non-wage adjusted prospective payment rate (PPS) rate during FY2010 under the Medicare-dependent hospital (MDH) program. Prescribes requirements for hospitals to qualify for a Medicare hospital exception to the prohibition on certain physician referrals to hospitals in which such physicians have an ownership or investment interest in the entity. (Eliminates the Medicare hospital exception for physician-owned hospitals, but provides a limited exception for existing facilities.)
United States · United States Congress · 9 January 2009
Amends the Internal Revenue Code to allow parents of a murdered child to continue to claim a personal tax exemption for such child for five years after the death of such child or the date on which such child would have attained the age of 18, whichever is earlier.
United States · United States Congress · 9 January 2009
Amends the Internal Revenue Code to extend through 2010 the tax credit for increasing research activities and increase and make permanent the alternative simplified research tax credit.
United States · United States Congress · 9 January 2009
Homeowners Property Tax Relief Act of 2009- Amends the Internal Revenue Code to allow the deduction of state and local real and personal property taxes in calculating the alternative minimum taxable income of individual taxpayers.
United States · United States Congress · 8 January 2009
Biennial Budgeting and Appropriations Act - Amends the Congressional Budget Act of 1974 to require: (1) biennial (currently, annual) budget resolutions; (2) biennial appropriations Acts; and (3) biennial government strategic and performance plans. Defines the budget biennium as the two consecutive fiscal years beginning on October 1 of any odd-numbered year. Requires the Director of the Office of Management and Budget (OMB) to: (1) determine the impact and feasibility of changing the definition of a fiscal year and the budget process based on that definition to a two-year fiscal period with a biennial budget process based on such period; and (2) report the findings to the House and Senate Budget Committees.
United States · United States Congress · 8 January 2009
Disabled Veterans Tax Termination Act - Amends federal military retired pay provisions to: (1) permit veterans with a service-connected disability of less than 50% to concurrently receive both retired pay and disability compensation; (2) eliminate provisions requiring a phase in between January 1, 2004, and December 31, 2013, of concurrent receipt of retired pay and disability compensation; (3) eliminate the four-year phase-in of concurrent receipt of retired pay and disability compensation for disabled veterans determined to be individually unemployable; and (4) require a limited reduction in retired pay for combat-related disability retirees with less than 20 years of retirement-creditable service.
United States · United States Congress · 8 January 2009
SCHIP Plus Act of 2009 - Amends title XXI (State Children's Health Insurance) (SCHIP) of the Social Security Act to require a state child health plan to provide for the offering of any qualified alternative coverage that a qualified entity seeks to offer targeted low-income children through the plan. Revises requirements with respect to authority for payments to a state for the purchase of family coverage under an employer-sponsored group health plan that includes coverage of targeted low-income children. Prohibits a state child health plan from requiring a targeted low-income child to enroll in such coverage in order to obtain child health assistance under this Act. (Thus requires enrollment to be voluntary.) Requires a state health plan to provide at least one opportunity per fiscal year for beneficiaries to switch SCHIP coverage from an employer-sponsored plan to the coverage otherwise available under SCHIP. Requires such plan also to permit beneficiaries to switch coverage under other circumstances, such as change in employment, birth of a child, or change in households, as the Secretary specifies. Amends the Internal Revenue Code, the Employee Retirement Income Security Act of 1974 (ERISA), and the Public Health Service Act to require employers that maintain a group health plan in a state that provides child health assistance under SCHIP in the form of premium assistance to give each employee written notice of potential opportunities for such premium assistance for health coverage of the employee's dependents.
United States · United States Congress · 8 January 2009
Economic Growth Through Tax Stimulus Act of 2009 - Makes permanent: (1) the tax provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001; (2) the reduction in dividend and capital gain tax rates in the Jobs and Growth Tax Relief Reconciliation Act of 2003; (3) the tax deduction for state and local sales taxes; (4) the tax deduction for tuition and related expenses; and (5) the increased expensing allowance for depreciable business assets. Amends the Internal Revenue Code to reduce individual and corporate income tax rates in taxable years between 2008 and 2014.
United States · United States Congress · 8 January 2009
Amends the Internal Revenue Code concerning the medical care tax deduction to: (1) include meals away from home within the deduction; and (2) eliminate the $50 per individual per night ceiling for medically-related meals and lodging.
United States · United States Congress · 8 January 2009
Amends the Internal Revenue Code to increase the standard mileage rate for the tax deduction for the charitable use of passenger automobiles from 14 cents per mile to the standard mileage rate prescribed by the Secretary of the Treasury for business purposes (55 cents per mile in 2009).
United States · United States Congress · 8 January 2009
Amends the Internal Revenue Code to suspend the limitation period for filing refund claims for overpayments of tax for any veteran whose overpayment relates to a determination by the Secretary of Veterans Affairs that such veteran was entitled to service-connected disability compensation. Provides that the suspension period begins on the date a veteran submits a claim for compensation and ends on the date the Secretary makes a determination. Permits a veteran to file a refund claim for overpayment of tax (relating to benefit determinations made by the Secretary of Veterans Affairs after 1995) even if the claim is barred by law, if the claim is filed before the end of one year after enactment of this Act.
United States · United States Congress · 8 January 2009
Volunteer Firefighter Tax Relief Act of 2009- Amends the Internal Revenue Code to allow volunteer firefighters a tax deduction from gross income for personal safety clothing (including helmets and boots) used in performing fire fighting services.
United States · United States Congress · 8 January 2009
Spending Reform Act of 2009 - Amends the Congressional Budget Act of 1974 to require the concurrent budget resolution to include discretionary spending limit for five successive fiscal years. Sets forth points of order against consideration of legislation in Congress (currently, only the Senate) that would exceed for any fiscal year discretionary spending limit established in the most recent concurrent budget resolution for that fiscal year (currently, the Balanced Budget and Deficit Control Act of 1985 [Gramm-Rudman-Hollings Act]). Makes such point of order inapplicable if a declaration of war by Congress is in effect. Sets forth points of orders for consideration of certain concurrent budget resolutions. Establishes discretionary spending limit for FY2010 as the number set forth in the FY2010 budget resolution. Permits waivers or suspension of such requirements, or successful appeals from rulings of the Chair, only by an affirmative vote of three-fifths (60) of the Senate. Establishes the Federal Agency Sunset Commission to review and report to Congress on the efficiency and public need for each federal agency, recommending abolishment or reorganization. Provides for relocation of federal employees if their agency is abolished. Requires the Comptroller General and the Director of Congressional Budget Office (CBO), in cooperation with the Director of the Congressional Research Service (CRS), to inventory federal programs to advise and assist Congress and the Commission in carrying out such requirements. Establishes a Joint Select Committee on Earmark Reform. Sets forth a point of order against consideration of legislation containing a congressional earmark or limited tax or tariff benefit. Establishes the Securing America's Future Economy Commission to examine the long-term fiscal challenges facing the United States and develop legislation designed to address specified issues. Authorizes the President and the House and Senate Budget Committees to propose alternative legislation. Requires the long-term CBO cost estimate of such proposals to be published in the Congressional Record.