Maximizing America's Prosperity Act of 2019 This bill establishes annual spending limits that are equal to specified percentages of potential gross domestic product (GDP). Potential GDP generally refers to the GDP that would occur if the economy were at full employment without inflation. The spending limits apply to all budget authority and outlays of the federal government excluding net interest.
AppropriationsBudget deficits and national debtBudget processEconomic performance and conditions
Maximizing America’s Prosperity Act of 2019
USA116th CongressS-2245| Senate
| Updated: 7/24/2019
Maximizing America's Prosperity Act of 2019 This bill establishes annual spending limits that are equal to specified percentages of potential gross domestic product (GDP). Potential GDP generally refers to the GDP that would occur if the economy were at full employment without inflation. The spending limits apply to all budget authority and outlays of the federal government excluding net interest.