John Barrasso (R-WY)

Dollar-for-Dollar Deficit Reduction Act

S. 4173 · Senate bill Economics and Public Finance

A Republican bill with 2 Republican cosponsors · See all 2 cosponsors

Last activity — Read twice and referred to the Committee on the Budget. (text: CR S1582-1583)

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

What this bill would do

The ``Dollar-for-Dollar Deficit Reduction Act'' aims to ensure that any increase or suspension of the debt limit is matched by spending cuts. Under this bill, if the debt limit is nearly breached, the Secretary of the Treasury must issue a warning to specific congressional committees. Any Presidential request to raise the debt limit must include proposed legislation to reduce spending over 10 years by an amount equal to or greater than the increase. Furthermore, a point of order would be raised in both the House and Senate to prevent considering debt limit actions that do not include these net spending reductions. To bypass these restrictions in the Senate, a three-fifths supermajority vote is required.

Yes· 3 of 9

  • Scored +7

    Does this make the government pay for what it commits to?

    The bill enforces strict fiscal discipline by tying debt limit increases directly to spending reductions.

  • Scored +6

    Does this reduce what the federal government spends?

    The bill requires net spending reductions over a 10-year period as a prerequisite for raising the debt limit.

  • Scored +5

    Does this reduce what the federal government owes?

    The bill mandates that any debt limit increase must be accompanied by spending cuts equal to or greater than the increase.

The opposite· 3 of 34

  • Scored -4

    Would households on low incomes be better off under this?

    Reductions in government spending often disproportionately impact low-income households relying on public assistance.

  • Scored -4

    Would Native Americans be better off under this?

    Spending cuts could negatively impact federal trust obligations and services for Native American tribes.

  • Scored -4

    Would people with disabilities be better off under this?

    The mandate for spending reductions could negatively impact programs like SSI and Medicaid for people with disabilities.