Maximizing America’s Prosperity Act of 2019

United States116th CongressS-2245Senate
Latest legislative activity: Jul 24, 2019

Summary

Official Summary

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.

Bill texts

Available versions
Introduced (Senate)View official text

1 version available

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Timeline

Latest companion bill action

HR-3930: Maximizing America’s Prosperity Act of 2019

Referred to the Committee on the Budget, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

  1. Read twice and referred to the Committee on the Budget.

    Senate

  2. Introduced in Senate

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