H.R. 7420 · 117th Congress
Responsible Budget Targets Act of 2022
- Stage
- In committee
- Sponsor
- Tom Emmer
- Introduced
- 2022-04-06
- Latest action
- 2022-04-06 · Introduced in House
Summary
Responsible Budget Targets Act of 2022
This bill modifies the federal budget process to establish new spending caps that are adjusted annually based on factors such as the amount of revenue and the growth of the gross domestic product.