May 10, 2012(Key vote)
Title: Sequester Replacement Reconciliation Act of 2012
Vote Smart's Synopsis:
Vote to pass a bill that repeals the budget sequester for fiscal year 2013.
Specifies that any sequestration order issued from the President for reductions in direct spending for defense in fiscal year 2013 shall have no force or effect (Sec. 706).
Reduces the appropriation of funds for hospitals that serve a “disproportionate” share of Medicaid recipients and low-income patients for fiscal year 2022 (Sec. 212).
Increases the percentage of salaries that federal employees pay into their retirement accounts by a total of 5 percent in the following manner (Sec. 501):
1.5 percent for 2013;
0.5 percent for 2014;
1 percent for 2015-2017.
Requires taxpayers to include a Social Security number on tax returns in order to claim child tax credits (Sec. 611).
Repeals the program of block grants to states for social services (Sec. 621).
Repeals the authority of the Federal Government to liquidate certain banks (Sec. 311).
Prohibits the Secretary of the Treasury from providing assistance on behalf of any homeowner under the Home Affordable Mortgage Program (Sec. 323).
Limits eligibility for the Supplemental Nutritional Assistance Program for households requiring nutritional assistance and/or receiving “cash benefits” from state programs, whereas existing law allows for households receiving any benefits from state programs (Sec. 103).
Reduces funding for workforce and employment training related to the Supplemental Nutritional Assistance Program from $90 million to $79 million for fiscal year 2013 (Sec. 107).
Repeals bonus payments to states for enrollment and retention costs associated with the Children's Health Insurance Program and Medicaid (Sec. 215).