Reducing Barack Obama's Unsustainable Deficit Act

Summary

Reducing Barack Obama's Unsustainable Deficit Act - Rescinds all unobligated balances of the discretionary appropriations made available in division A of the American Recovery and Reinvestment Act of 2009 (ARRA). Repeals subtitles B (Assistance for Vulnerable Individuals) and C (Economic Recovery Payments to Certain Individuals) of title II (the Assistance for Unemployed Workers and Struggling Families Act) and titles III (Premium Assistance for COBRA Benefits), IV (Medicare and Medicaid Health Information Technology; Miscellaneous Medicare Provisions), V (State Fiscal Relief), VI (Broadband Communications), and VII (Limits on Executive Compensation) of division B of ARRA. Amends the Emergency Economic Stabilization Act of 2008 (EESA) to terminate upon enactment of this Act (currently, December 31, 2009) the Secretary of the Treasury's authority to establish the Troubled Asset Relief Program (TARP) and the program to guarantee troubled assets originated or issued before March 14, 2008, including mortgage-backed securities. Repeals the authorization for a two-year extension of such authority if the Secretary submits a specified certification to Congress. Requires the Secretary, each time a financial institution makes a TARP repayment, to transfer such repayments to the special account established in the Treasury for reducing public debt.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 9 July 2009

   Introduced

   Introduced in House

   Source: IntroReferral

2. 9 July 2009

   Introduced

   Introduced in House

   Source: IntroReferral

3. 9 July 2009

   Introduced

   Referred to House Financial Services

   Source: IntroReferral

4. 9 July 2009

   Introduced

   Referred to the Committee on Financial Services, and in addition to the Committees on Energy and Commerce, Appropriations, Ways and Means, Transportation and Infrastructure, and Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

   Source: IntroReferral

5. 10 July 2009

   Referred

   Referred to the Subcommittee on Health.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 9 July 2009 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 9 July 2009

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 9 July 2009

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 9 July 2009

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Price, Tom [R-GA-6] · R · Sponsor
• Rep. Jordan, Jim [R-OH-4] · R · Sponsor
• Rep. Garrett, Scott [R-NJ-5] · R · Sponsor
• Rep. Carter, John R. [R-TX-31] · R · Cosponsor
• Rep. Lamborn, Doug [R-CO-5] · R · Cosponsor
• Rep. Chaffetz, Jason [R-UT-3] · R · Cosponsor
• Rep. Gohmert, Louie [R-TX-1] · R · Cosponsor
• Rep. Conaway, K. Michael [R-TX-11] · R · Cosponsor
• Rep. Thornberry, Mac [R-TX-13] · R · Cosponsor
• Rep. Bachmann, Michele [R-MN-6] · R · Cosponsor
• Rep. Broun, Paul C. [R-GA-10] · R · Cosponsor
• Rep. Inglis, Bob [R-SC-4] · R · Cosponsor
• Rep. Kline, John [R-MN-2] · R · Cosponsor
• Rep. Sessions, Pete [R-TX-17] · R · Cosponsor
• Rep. Scalise, Steve [R-LA-1] · R · Cosponsor
• Rep. Campbell, John [R-CA-48] · R · Cosponsor
• Rep. McCaul, Michael T. [R-TX-10] · R · Cosponsor
• Rep. Franks, Trent [R-AZ-8] · R · Cosponsor
• Rep. Roe, David P. [R-TN-1] · R · Cosponsor
• Rep. Coffman, Mike [R-CO-6] · R · Cosponsor
• Rep. Brady, Kevin [R-TX-8] · R · Cosponsor
• Rep. Latta, Robert E. [R-OH-5] · R · Cosponsor
• Rep. Pitts, Joseph R. [R-PA-16] · R · Cosponsor
• Rep. Schmidt, Jean [R-OH-2] · R · Cosponsor
• Rep. Fleming, John [R-LA-4] · R · Cosponsor
• Rep. Linder, John [R-GA-7] · R · Cosponsor
• Rep. King, Steve [R-IA-4] · R · Cosponsor
• Rep. Fallin, Mary [R-OK-5] · R · Cosponsor
• Rep. Pence, Mike [R-IN-6] · R · Cosponsor
• Rep. Shadegg, John B. [R-AZ-3] · R · Cosponsor
• Rep. Issa, Darrell [R-CA-48] · R · Cosponsor
• Rep. Hensarling, Jeb [R-TX-5] · R · Cosponsor
• Rep. Posey, Bill [R-FL-8] · R · Cosponsor
• Sen. Flake, Jeff [R-AZ] · R · Cosponsor
• Rep. Marchant, Kenny [R-TX-24] · R · Cosponsor
• Sen. Lummis, Cynthia M. [R-WY] · R · Cosponsor
• Rep. Paul, Ron [R-TX-14] · R · Cosponsor
• Rep. Johnson, Sam [R-TX-3] · R · Cosponsor
• Rep. Wilson, Joe [R-SC-2] · R · Cosponsor
• Rep. Bishop, Rob [R-UT-1] · R · Cosponsor
• Rep. Stearns, Cliff [R-FL-6] · R · Cosponsor
• Sen. Blackburn, Marsha [R-TN] · R · Cosponsor
• Rep. Mack, Connie [R-FL-14] · R · Cosponsor
• Rep. Bartlett, Roscoe G. [R-MD-6] · R · Cosponsor
• Rep. Cantor, Eric [R-VA-7] · R · Cosponsor
• Rep. Foxx, Virginia [R-NC-5] · R · Cosponsor
• Rep. Hall, Ralph M. [R-TX-4] · R · Cosponsor
• Rep. Camp, Dave [R-MI-4] · R · Cosponsor

Showing 48 of 97 sponsors and actors.

Related records

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