Deficit Reduction Check-Off Act

Summary

Deficit Reduction Check-Off Act - Amends the Internal Revenue Code to allow individual taxpayers to designate on their tax returns an amount (initially between $1 and $10, with annual increases of $1 for each taxable year after 2011) for reducing the federal deficit. Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to require a sequestration to reduce the federal deficit within 15 days after Congress adjourns to end a session by directing the Office of Management and Budget (OMB) to apply an across-the-board reduction in federal spending equal to 10 times the amount raised by the voluntary tax checkoff under this Act. Exempts from such spending reduction social security and railroad retirement benefits, Medicare benefits, judicial salaries, and veterans benefits.

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Timeline

1. 15 December 2009

   Introduced

   Referred to House Ways and Means

   Source: IntroReferral

2. 15 December 2009

   Introduced

   Introduced in House

   Source: IntroReferral

3. 15 December 2009

   Introduced

   Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, 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

4. 15 December 2009

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 15 December 2009 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 15 December 2009

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 15 December 2009

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 15 December 2009

  Open at official source

Sponsors

• Bill Posey · R · Sponsor
• Rep. Hall, Ralph M. [D-TX-4] · R · Sponsor
• Rep. Pitts, Joseph R. [R-PA-16] · R · Sponsor
• Rep. Bartlett, Roscoe G. [R-MD-6] · R · Sponsor
• Tom Cole · R · Sponsor
• Rep. Issa, Darrell [R-CA-48] · R · Sponsor
• Rep. Bilbray, Brian P. [R-CA-50] · R · Sponsor
• Louie Gohmert · R · Sponsor
• Marsha Blackburn · R · Sponsor
• Trent Franks · R · Sponsor
• Rep. Akin, W. Todd [R-MO-2] · R · Sponsor
• Rep. Gingrey, Phil [R-GA-11] · R · Sponsor
• Kenny Marchant · R · Sponsor
• K. Conaway · R · Sponsor
• Rob Bishop · R · Sponsor
• Rep. Fallin, Mary [R-OK-5] · R · Sponsor
• Glenn Thompson · R · Sponsor
• Doug Lamborn · R · Sponsor
• Rep. Paul, Ron [R-TX-22] · R · Cosponsor
• Pete Olson · R · Cosponsor
• Rep. Lee, Christopher J. [R-NY-26] · R · Cosponsor
• Sen. Flake, Jeff [R-AZ] · R · Cosponsor
• · hsbu00 · Standing
• · hswm00 · Standing

Related records

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