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United States · Bill · S

S. 743 (118th)

Sustainable Budget Act of 2023

referredUnited States· United States Congress· EN

Introduced

9 March 2023

Last action

9 March 2023 · Introduced

Status

Read twice and referred to the Committee on the Budget.

Sponsors

Sen. Lummis, Cynthia M. [R-WY], Sen. Rounds, Mike [R-SD], Sen. Cramer, Kevin [R-ND], Sen. Braun, Mike [R-IN], Sen. Manchin, Joe, III [D-WV]

Subjects

Taxation, Budget

Source updated

27 May 2025

Taxation · Budget

Summary

Sustainable Budget Act of 2023 This bill establishes the National Commission on Fiscal Responsibility and Reform within the legislative branch to identify policies to improve the fiscal situation in the medium term and achieve fiscal sustainability over the long term. The commission must propose recommendations that (1) are designed to balance the budget, excluding interest payments on the debt, within 10 years; and (2) meaningfully improve the long-term fiscal outlook, including changes to address the growth of entitlement spending and the gap between projected federal revenues and expenditures. Congress must consider the commission's recommendations using specified expedited legislative procedures.

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

Timeline

  1. 9 March 2023

    Introduced

    Read twice and referred to the Committee on the Budget.

    Source: IntroReferral

  2. 9 March 2023

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 9 March 2023

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 9 March 2023

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 9 March 2023

    Open at official source

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Sponsors

Related records

Sources

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