Deficit Reduction Implementation Act - Authorizes a Senator or Member of the House of Representatives, by February 29, 2012, to introduce a bipartisan deficit reduction bill that: (1) has a specified minimum number of sponsors in the Senate and in the House who caucus with Democrats and who caucus with Republicans; (2) states as its purpose to reduce the deficit by a goal of $4 trillion, but at least $1.5 trillion between FY2012-FY2021; and (3) specifies that it is being introduced pursuant to this Act.
Prescribes legislative procedures for considering such a bill.
[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 1985 Introduced in Senate (IS)]
112th CONGRESS
1st Session
S. 1985
To allow a bipartisan group of Members of Congress to propose and have
an up or down vote on a balanced deficit reduction bill pursuant to
this Act, such as proposed by the National Commission on Fiscal
Responsibility and Reform report, reducing the deficit by a goal of
$4,000,000,000,000 over 10 years.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
December 13, 2011
Mr. Lieberman (for himself, Mr. Corker, Mr. Enzi, Mr. Kirk, and Ms.
Murkowski) introduced the following bill; which was read twice and
referred to the Committee on Homeland Security and Governmental Affairs
_______________________________________________________________________
A BILL
To allow a bipartisan group of Members of Congress to propose and have
an up or down vote on a balanced deficit reduction bill pursuant to
this Act, such as proposed by the National Commission on Fiscal
Responsibility and Reform report, reducing the deficit by a goal of
$4,000,000,000,000 over 10 years.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Deficit Reduction Implementation
Act''.
SEC. 2. DEFINITION.
In this Act, the term ``qualified bill'' means a bill in the House
of Representatives or Senate that--
(1)(A) has not fewer than 6 sponsors who caucus with
Democrats and 6 sponsors who caucus with Republicans in the
Senate; or
(B) has not fewer than 15 sponsors who caucus with
Republicans and 15 sponsors who caucus with Democrats in the
House;
(2) states as it purpose to reduce the deficit by a goal of
$4,000,000,000,000, but at least $1,500,000,000,000, over the
period of fiscal years 2012 through 2021; and
(3) specifies that the qualified bill is being introduced
pursuant to this Act.
SEC. 3. CONSIDERATION OF BIPARTISAN DEFICIT REDUCTION BILLS.
(a) Introduction Deadline.--Not later than February 29, 2012, any
Senator or Member of the House of Representatives may introduce a
qualified bill that shall be considered as provided under subsection
(c).
(b) Referral of a Qualified Bill.--
(1) Senate.--In the Senate, a qualified bill introduced as
provided by subsection (a) shall immediately be referred to the
appropriate committee or committees of jurisdiction for review
and reporting.
(2) House.--In the House, a qualified bill introduced as
provided by subsection (a) shall immediately be referred to the
appropriate committee or the committees of jurisdiction for
review and reporting.
(3) CBO.--
(A) In general.--Not later than 48 hours after
referral to committees, the bill shall be scored by CBO
based on--
(i) current scoring guidelines;
(ii) a continuation of policies in effect
at the time the bill was introduced; and
(iii) the National Commission on Fiscal
Responsibility and Reform plausible baseline
policy assumptions (referred to in this Act as
the ``plausible baseline'').
(B) Public availability.--For each bill, all 3
scores referred to in subparagraph (A) shall be printed
in the Congressional Record and shall be available
online.
(c) Proceeding to the Qualified Bill.--
(1) Senate.--Not later than March 9, 2012, and
notwithstanding rule XXII of the Standing Rules of the Senate,
it shall be in order for any Senator to move to proceed to the
consideration of a qualified bill (which shall have been
discharged from committee if not reported under subsection (b))
which shall be considered as provided for a joint committee
bill under subsections (c) and (d) of section 402 of the Budget
Control Act of 2011 (2 U.S.C. 900 note) for the Senate, except
that the date for reporting under subsection (c)(1) of such
section and the date for the vote on passage under subsection
(c)(5) of such section shall not apply to the qualified bill.
(2) House.--Not later than March 9, 2012, it shall be in
order for any Member of the House of Representatives to move to
proceed to the consideration of a qualified bill (which shall
have been discharged from committee if not reported under
subsection (b)) which shall be considered as provided for a
joint committee bill under subsections (b) and (d) of section
402 of the Budget Control Act of 2011 (2 U.S.C. 900 note) for
the House of Representatives, except that the date for
reporting under subsection (b)(1) of such section and the date
for the vote on passage under subsection (b)(4) of such section
shall not apply to the qualified bill.
(3) CBO.--The House or the Senate may not proceed to a
qualified bill under this subsection unless the scores required
by subsection (b)(3) have been available in the Congressional
Record and online for at least 72 hours.
(d) Other Matters.--
(1) Consideration by the other house.--Section 402(e) of
the Budget Control Act of 2011 (2 U.S.C. 900 note) shall apply
to a qualified bill passed by the other House.
(2) Multiple qualified bills.--If there is more than 1
qualifying bill, the qualifying bill will be the bill that
achieves the most deficit reduction. If such bill fails to be
enacted, succeeding bills may be qualifying bills and shall be
considered in the order of the amount of deficit reduction
achieved.
(e) Vetoes.--If the President vetoes a qualified bill, debate on a
veto message in the Senate or the House shall be one hour, equally
divided between the majority and minority leader, or their designees.
(f) Loss of Privilege.--This section shall cease to apply to a
qualified bill if the qualified bill does not pass both Houses of
Congress not later than March 30, 2012.
SEC. 4. APPLICATION OF OTHER PROVISIONS OF BUDGET CONTROL ACT.
(a) Debt Limit Increase.--A qualified bill that is enacted, and
that achieves at least $1,500,000,000,000 in deficit reduction as
certified by CBO either as measured by current scoring guidelines,
against a continuation of policies in effect at the time the bill was
introduced, or the plausible baseline shall be deemed to be a joint
committee bill for purposes of section 3101A(a)(2)(A)(iii) of title 31,
United States Code.
(b) Sequestration.--A qualified bill that is enacted, and that
achieves at least $1,500,000,000,000 in deficit reduction as certified
by CBO either as measured by current scoring guidelines, against a
continuation of policies in effect at the time the bill was introduced,
or the plausible baseline shall cancel the discretionary spending
limits listed under section 251A of the Balanced Budget and Emergency
Deficit Control Act of 1985 (2 U.S.C. 901a).
SEC. 5. RULEMAKING.
This Act is enacted by Congress--
(1) as an exercise of the rulemaking power of the House of
Representatives and the Senate, respectively, and as such they
shall be considered as part of the rules of each House,
respectively, or of that House to which they specifically
apply, and such rules shall supersede other rules only to the
extent that they are inconsistent therewith; and
(2) with full recognition of the constitutional right of
either House to change such rules (so far as relating to such
House) at any time, in the same manner, and to the same extent
as in the case of any other rule of such House.
<all>
Introduced in Senate
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
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