Limitation on Government Spending Act of 2009

Summary

Limitation on Government Spending Act of 2009 - Amends the Congressional Budget Act of 1974 to define GDP as the gross domestic product for the relevant fiscal year as most recently estimated by the Congressional Budget Office (CBO). Defines federal spending limits for: (1) FY2011, as outlays not exceeding 22% of the GDP; (2) FY2012, as outlays not exceeding 21% of the GDP; and (3) FY2013 and fiscal years thereafter, as outlays not exceeding 20% of the GDP. Makes it out of order in the Senate to consider any legislation that includes any provision that would result in a deficit for a fiscal year that exceeds the maximum deficit amount or federal spending limit, as applicable, for such fiscal year. Permits waiver or suspension of such prohibition, or successful appeals from rulings of the Chair, only by an affirmative vote of three-fifths (60) of the Senate.

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Timeline

1. 24 April 2009

   Introduced

   Read twice and referred to the Committee on the Budget.

   Source: IntroReferral

2. 24 April 2009

   Introduced

   Sponsor introductory remarks on measure. (CR S4722-4723)

   Source: IntroReferral

3. 24 April 2009

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 24 April 2009 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 24 April 2009

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 24 April 2009

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 24 April 2009

  Open at official source

Sponsors

• Sen. Hatch, Orrin G. [R-UT] · R · Sponsor
• James Risch · R · Cosponsor
• · ssbu00 · Standing

Related records

• related to → Limitation on Government Spending Act of 2009