STRONG Budget Act of 2010

Summary

STRONG Budget Act of 2010 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to require a second, general sequestration within 15 days after the end of any session of Congress if, first, a particular sequestration occurs at that time under the Statutory Pay-As-You-Go Act of 2010. Requires the general sequestration to equal 2% of the budget baseline for the fiscal year beginning on October 1 of the calendar year during which such sequestration occurs. Prohibits such sequestration order from reducing: (1) benefits payable under title II (Old Age, Survivors, and Disability Insurance) (OASDI) of the Social Security Act (SSA); (2) annuities payable to certain employees under the Railroad Retirement Act of 1974; (3) benefits payable under any program administered by the Department of Veterans Affairs (VA) or Special Benefits for Certain World War II Veterans (28-0401-0-1-701); (4) benefits payable under SSA title IV part A (Temporary Assistance for Needy Families) (TANF) relating to hospital insurance benefits for the aged and disabled; (5) payments for net interest (all of major functional category 900); and (6) other specified federal retirement and disability accounts. Requires the Office of Management and Budget (OMB), within 14 days after the end of a session, to issue an annual deficit reduction report and, if the report requires a sequestration, to prepare and the President to issue a sequestration order reducing nonexempt accounts by enough to eliminate the deficit. Prohibits such reduction, however, from exceeding 2% of the total amount of such nonexempt accounts. Provides for: (1) suspension of such sequestration procedures if OMB determines that the federal budget is not in deficit; and (2) restoration of such procedures in the first fiscal year after OMB determines there is a deficit. Amends Rule XXI (Restrictions on Certain Bills) of the Rules of the House of Representatives to prohibit legislation carrying an additional exemption to sequestrations under the Gramm-Rudman-Hollings Act (and this Act) from being considered as passed or agreed to unless by a vote of at least three-fifths of the Members.

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

Timeline

1. 18 March 2010

   Introduced

   Referred to House Budget

   Source: IntroReferral

2. 18 March 2010

   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. 18 March 2010

   Introduced

   Introduced in House

   Source: IntroReferral

4. 18 March 2010

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 18 March 2010 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 18 March 2010

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 18 March 2010

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 18 March 2010

  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. Barton, Joe [R-TX-6] · R · Sponsor
• Rep. Marchant, Kenny [R-TX-24] · R · Sponsor
• Rep. Graves, Sam [R-MO-6] · R · Sponsor
• Rep. Burgess, Michael C. [R-TX-26] · R · Sponsor
• Rep. Souder, Mark E. [R-IN-3] · R · Sponsor
• Rep. Olson, Pete [R-TX-22] · R · Sponsor
• Rep. Hensarling, Jeb [R-TX-5] · R · Cosponsor
• Rep. Latta, Robert E. [R-OH-5] · R · Cosponsor
• Rep. Goodlatte, Bob [R-VA-6] · R · Cosponsor
• Sen. Blackburn, Marsha [R-TN] · R · Cosponsor
• · hsru00 · Standing
• · hsbu00 · Standing

Related records

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