US Congress Senate Bill 726 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 19-0)
Status: Introduced on April 5 2011 - 25% progression, died in committee
Action: 2011-04-05 - Read twice and referred to the Committee on the Budget.
Pending: Senate Budget Committee
Text: Latest bill text (Introduced) [PDF]

Decrease Spending Now Act - Rescinds $45 billion of unobligated balances of current discretionary appropriations. Requires the Director of the Office of Management and Budget (OMB) to: (1) determine which appropriation accounts the rescission shall apply to and the amount that each such account shall be reduced, and (2) report to the Secretary of the Treasury and Congress a list of the accounts reduced by the rescission, including the amounts rescinded from each such account. Exempts from such rescission the Department of Defense (DOD), the Department of Veterans Affairs (VA), and the Social Security Administration (SSA).

Decrease Spending Now Act

Sen. Marco Rubio [R-FL]	Sen. Kelly Ayotte [R-NH]	Sen. Roy Blunt [R-MO]	Sen. Daniel Coats [R-IN]
Sen. Tom Coburn [R-OK]	Sen. John Cornyn [R-TX]	Sen. Jim DeMint [R-SC]	Sen. Orrin Hatch [R-UT]
Sen. John Hoeven [R-ND]	Sen. Johnny Isakson [R-GA]	Sen. Mike Johanns [R-NE]	Sen. Ron Johnson [R-WI]
Sen. Mike Lee [R-UT]	Sen. John McCain [R-AZ]	Sen. Rand Paul [R-KY]	Sen. James Risch [R-ID]
Sen. Jeff Sessions [R-AL]	Sen. John Thune [R-SD]	Sen. David Vitter [R-LA]

Date	Chamber	Action
2011-04-05	Senate	Read twice and referred to the Committee on the Budget.

HB1111 (Same As) 2011-03-16 - Referred to the House Committee on Appropriations.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/senate-bill/726/all-info
Text	https://www.congress.gov/112/bills/s726/BILLS-112s726is.pdf