S. 2002 · 116th Congress
Dollar-for-Dollar Deficit Reduction Act
- Stage
- In committee
- Sponsor
- Rob Portman
- Introduced
- 2019-06-27
- Latest action
- 2019-06-27 · Introduced in Senate
Summary
Dollar-for-Dollar Deficit Reduction Act
The bill establishes a framework to require legislation that increases or suspends the public debt limit to include spending reductions that are equal to or greater than the projected increase in debt that will occur under the legislation. The bill allows the spending reductions to be phased in over a 10-year period.