To reform Federal budget procedures to restrain congressional spending, foster greater oversight of the budget, account for accurate Government agency costs, and for other purposes.
Amends the Congressional Budget Act of 1974 and the Congressional Budget and Impoundment Control Act of 1974 to establish biennial budgeting. Makes conforming amendments, including requirements for government strategic and performance plans. Creates a special transition period for the 108th Congress.
Amends the Balanced Budget and Emergency Deficit Control Act of 1985 to state that certain emergency legislation shall not be extended in the baseline. Establishes emergency criteria.
Spending Accountability Reserve Act of 2002 - Amends the Congressional Budget Act of 1974 to establish a spending accountability reserve ledger to credit any reductions in new budget authority in an appropriation bill. Adjusts the respective appropriation allocation and discretionary spending limits downward accordingly.
Enhanced Rescissions Act of 2002 - Amends the Congressional Budget and Impoundment Control Act of 1974 to authorize the President to propose at any time the rescission of any budget authority he identifies as wasteful spending.
Amends the Balanced Budget and Emergency Deficit Control Act of 1985 to extend the budget enforcement mechanisms of discretionary spending limits (caps) and pay-as-you-go (Paygo).
Provides for treatment of extraneous appropriations in omnibus appropriation measures.
Amends the Civil Service Retirement and Disability Fund to provide for accrual funding of pensions and retirement pay for Federal employees and Uniformed Services Personnel. Provides accrual funding of retirement benefits for Federal employees covered by the Foreign Service Retirement and Disability System, the Public Health Service Commissioned Corps Retirement System, the National Oceanic and Atmospheric Administration Commissioned Officer Corps Retirement System, and the Coast Guard Military Retirement Fund.
Provides for the accrual funding of post-retirement health benefits costs as well.
Introduced in House
Introduced in House
Referred to the Committee on the Budget, for a period ending not later than August 31, 2002, and in addition to the Committees on Ways and Means, Rules, and Government Reform, 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.
Referred to the Committee on the Budget, for a period ending not later than August 31, 2002, and in addition to the Committees on Ways and Means, Rules, and Government Reform, 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.
Referred to the Committee on the Budget, for a period ending not later than August 31, 2002, and in addition to the Committees on Ways and Means, Rules, and Government Reform, 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.
Referred to the Committee on the Budget, for a period ending not later than August 31, 2002, and in addition to the Committees on Ways and Means, Rules, and Government Reform, 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.
Referred to the Committee on the Budget, for a period ending not later than August 31, 2002, and in addition to the Committees on Ways and Means, Rules, and Government Reform, 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.
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House Committee on The Budget Granted an extension for further consideration ending not later than Sept. 13, 2002.
Committee on The Budget discharged.
Committee on The Budget discharged.
House Committee on Ways and Means Granted an extension for further consideration ending not later than Oct. 4, 2002.
House Committee on Rules Granted an extension for further consideration ending not later than Oct. 4, 2002.
House Committee on Government Reform Granted an extension for further consideration ending not later than Oct. 4, 2002.