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United States · Bill · HR

H.R. 3654 (110th)

SAFE Commission Act

openUnited States· United States Congress· EN

Introduced

25 September 2007

Last action

24 June 2008 · Committee

Status

Committee Hearings Held.

Sponsors

Rep. Cooper, Jim [D-TN-5], Rep. Wolf, Frank R. [R-VA-10], Rep. Boyd, Allen [D-FL-2], Rep. Moore, Dennis [D-KS-3], Rep. Davis, Lincoln [D-TN-4], Rep. Ross, Mike [D-AR-4], Rep. Kind, Ron [D-WI-3], Rep. Castle, Michael N. [R-DE-At Large], Rep. LaHood, Ray [R-IL-18], Rep. McKeon, Howard P. "Buck" [R-CA-25], Rep. Culberson, John Abney [R-TX-7], Rep. Davis, Jo Ann [R-VA-1], Rep. Ehlers, Vernon J. [R-MI-3], Sen. Flake, Jeff [R-AZ], Rep. Melancon, Charlie [D-LA-3], Rep. Kuhl, John R. "Randy", Jr. [R-NY-29], Rep. Shays, Christopher [R-CT-4], Rep. Duncan, John J., Jr. [R-TN-2], Rep. Forbes, J. Randy [R-VA-4], Rep. Davis, Danny K. [D-IL-7], Rep. Miller, Jeff [R-FL-1], Rep. Emerson, Jo Ann [R-MO-8], Rep. Gordon, Bart [D-TN-6], Rep. Wamp, Zach [R-TN-3], Rep. Israel, Steve [D-NY-3], Rep. Moran, James P. [D-VA-8], Rep. Coble, Howard [R-NC-6], Rep. Boren, Dan [D-OK-2], Rep. Boswell, Leonard L. [D-IA-3], Rep. Cramer, Robert E. (Bud), Jr. [D-AL-5], Rep. Shuler, Heath [D-NC-11], Rep. Davis, Susan A. [D-CA-53], Rep. Peterson, Collin C. [D-MN-7], Rep. Chandler, Ben [D-KY-6], Sen. Heller, Dean [R-NV], Rep. Kingston, Jack [R-GA-1], Rep. Stearns, Cliff [R-FL-6], Rep. Garrett, Scott [R-NJ-5], Rep. Pence, Mike [R-IN-6], Rep. Everett, Terry [R-AL-2], Rep. McMorris Rodgers, Cathy [R-WA-5], Rep. Thornberry, Mac [R-TX-13], Rep. Tiberi, Patrick J. [R-OH-12], Rep. Larsen, Rick [D-WA-2], Rep. Crowley, Joseph [D-NY-14], Sen. Udall, Mark [D-CO], Rep. Bean, Melissa L. [D-IL-8], Sen. Donnelly, Joe [D-IN]

Subjects

Taxation, Budget

Source updated

5 December 2025

Taxation · Budget

Official sourceDownload fileView documentsShare

Summary

Securing America's Future Economy Commission Act, or SAFE Commission Act - Establishes the Securing America's Future Economy (SAFE) Commission to develop legislation designed to address: (1) the unsustainable imbalance between long-term federal spending commitments and projected revenues; (2) increases in net national savings to provide for domestic investment and economic growth; (3) the implications of foreign ownership of federally issued debt instruments; and (4) revision of the budget process to place greater emphasis on long-term fiscal issues. Requires the Commission to: (1) develop one or two methods for estimating the cost of legislation as an alternative to the current Congressional Budget Office (CBO) method; and (2) hold at least one town-hall style public hearing within each federal reserve district. Requires the Commission to submit a legislative proposal to Congress and the President. Authorizes the President to submit to Congress an alternative proposal. Authorizes the Committee on the Budget of either chamber to publish its own alternative proposal in the Congressional Record. Sets forth procedures for consideration of such legislation. Requires CBO to prepare a long-term cost estimate and have it published in the Congressional Record as expeditiously as possible whenever requested to do so by the Commission, the President, or the chairman or ranking minority member of the Committee on the Budget of either chamber.

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

Timeline

  1. 25 September 2007

    Introduced

    Referred to the Committee on the Budget, and in addition to the Committee on Rules, 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

  2. 25 September 2007

    Introduced

    Referred to the Committee on the Budget, and in addition to the Committee on Rules, 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

  3. 25 September 2007

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 25 September 2007

    Introduced

    Introduced in House

    Source: IntroReferral

  5. 24 June 2008

    Committee

    Committee Hearings Held.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 25 September 2007

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  • Introduced in House (PDF)

    Introduced in House · EN · 25 September 2007

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 25 September 2007

    Open at official source

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Sponsors

Showing 48 of 115 sponsors and actors.

Related records

Sources

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