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HR 2560 - Cut, Cap and Balance Act of 2011 - National Key Vote

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See How Your Politicians Voted

Title: Cut, Cap and Balance Act of 2011

Vote Smart's Synopsis:

Vote on a motion to table a bill that establishes discretionary spending limits and requires a balanced budget amendment to the Constitution prior to increasing the debt ceiling.

Highlights:

  • Limits discretionary spending for fiscal year 2012 to $1.02 trillion in new budget authority, and $1.22 trillion in outlays (Sec. 101).
  • Limits total combined outlays for direct spending for fiscal year 2012 to $680.73 billion (Sec. 101).
  • Exempts the following items from limits placed on outlays for direct spending (Sec. 101):
    • Social Security;
    • Medicare;
    • Veterans benefits and services; and
    • Net interest.
  • Limits outlays for a given fiscal year to an amount of the gross domestic product for that year multiplied by the following (Sec. 201):
    • 21.7 percent for fiscal year 2013;
    • 20.8 percent for fiscal year 2014;
    • 20.2 percent for fiscal year 2015;
    • 20.1 percent for fiscal year 2016;
    • 19.9 percent for fiscal year 2017;
    • 19.7 percent for fiscal year 2018; and
    • 19.9 percent for fiscal years 2019-2021.
  • Increases the debt ceiling from $14.3 trillion to $16.7 trillion, after Congress approves and sends to the states a balanced budget amendment to the U.S. Constitution that includes the following provisions (Sec. 301):
    • Total outlays are prohibited from exceeding total receipts;
    • Spending is limited to a percentage of the gross domestic product; and
    • All tax increases must be approved by a two-thirds vote of both houses of Congress.

NOTE: A SENATOR MAY MOVE TO TABLE ANY PENDING LEGISLATION, THUS HALTING FURTHER CONSIDERATION. A "YEA" VOTE IS IN SUPPORT OF HALTING FURTHER CONSIDERATION, AND A "NAY" VOTE IS IN SUPPORT OF FURTHER CONSIDERATION. TABLING MOTIONS ARE OFTEN USED TO KILL LEGISLATION.

Full Bill Text

See How Your Politicians Voted

Title: Cut, Cap and Balance Act of 2011

Vote Smart's Synopsis:

Vote to pass a bill that establishes discretionary spending limits and requires a balanced budget amendment to the Constitution prior to increasing the debt ceiling.

Highlights:

  • Limits discretionary spending for fiscal year 2012 to $1.02 trillion in new budget authority, and $1.22 trillion in outlays (Sec. 101).
  • Limits total combined outlays for direct spending for fiscal year 2012 to $680.73 billion (Sec. 101).
  • Exempts the following items from limits placed on outlays for direct spending (Sec. 101):
    • Social Security;
    • Medicare;
    • Veterans benefits and services; and
    • Net interest.
  • Limits outlays for a given fiscal year to an amount of the gross domestic product for that year multiplied by the following (Sec. 201):
    • 21.7 percent for fiscal year 2013;
    • 20.8 percent for fiscal year 2014;
    • 20.2 percent for fiscal year 2015;
    • 20.1 percent for fiscal year 2016;
    • 19.9 percent for fiscal year 2017;
    • 19.7 percent for fiscal year 2018; and
    • 19.9 percent for fiscal years 2019-2021.
  • Increases the debt ceiling from $14.3 trillion to $16.7 trillion, after Congress approves and sends to the states a balanced budget amendment to the U.S. Constitution that includes the following provisions (Sec. 301):
    • Total outlays are prohibited from exceeding total receipts;
    • Spending is limited to a percentage of the gross domestic product; and
    • All tax increases must be approved by a two-thirds vote of both houses of Congress.

Full Bill Text

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