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Bipartisan Congressional Budget Reform Act

USA116th CongressS-2765| Senate 
| Updated: 12/15/2020
Michael B. Enzi

Michael B. Enzi

Republican Senator

Wyoming

Cosponsors (23)
Joni Ernst (Republican)Rick Scott (Republican)Mike Braun (Republican)David Perdue (Republican)James E. Risch (Republican)Christopher A. Coons (Democratic)Ron Johnson (Republican)Lamar Alexander (Republican)Mark R. Warner (Democratic)Angus S. King (Independent)Lindsey Graham (Republican)Roy Blunt (Republican)Kelly Loeffler (Republican)Tim Kaine (Democratic)Sheldon Whitehouse (Democratic)Kevin Cramer (Republican)James Lankford (Republican)John Kennedy (Republican)Deb Fischer (Republican)John Barrasso (Republican)John Cornyn (Republican)Chuck Grassley (Republican)Mike Crapo (Republican)

Budget Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Bipartisan Congressional Budget Reform Act This bill makes several modifications to the federal budget process, including the procedures for considering congressional budget resolutions and adjusting the debt limit. Among other modifications, the bill includes provisions that require biennial congressional budget resolutions, instead of the annual budget resolutions required under current law; retain the existing annual appropriations process; require a budget resolution to specify a target for the ratio of the debt held by the public to the gross domestic product (GDP) for each year covered by the resolution; require the debt-to-GDP target to be enforced using a reconciliation process that requires deficit reduction legislation to be considered using expedited legislative procedures; allow a budget resolution to include the amount of tax expenditures; provide for automatic adjustments of the debt limit and statutory discretionary spending limits to conform to the levels in the budget resolution; modify the procedures for considering budget resolutions in the Senate; allow budget resolutions that have bipartisan support and meet specified requirements to be considered in the Senate using expedited procedures; modify and establish budget points of order that may be raised against legislation; rename the Committee on the Budget of the Senate as the Committee on Fiscal Control and the Budget of the Senate; and expand reporting requirements for congressional committees, the Office of Management and Budget, the Congressional Budget Office, and the Government Accountability Office.

Bill Text Versions

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2 versions available

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Timeline
Oct 31, 2019
Introduced in Senate
Oct 31, 2019
Read twice and referred to the Committee on the Budget.
Nov 6, 2019
Committee on the Budget. Ordered to be reported with an amendment in the nature of a substitute favorably.
Nov 13, 2019
Committee on the Budget. Reported by Senator Enzi with an amendment in the nature of a substitute. Without written report.
Nov 13, 2019
Placed on Senate Legislative Calendar under General Orders. Calendar No. 306.
Dec 15, 2020
By Senator Enzi from Committee on the Budget filed written report. Report No. 116-325. Additional views filed.
  • October 31, 2019
    Introduced in Senate


  • October 31, 2019
    Read twice and referred to the Committee on the Budget.


  • November 6, 2019
    Committee on the Budget. Ordered to be reported with an amendment in the nature of a substitute favorably.


  • November 13, 2019
    Committee on the Budget. Reported by Senator Enzi with an amendment in the nature of a substitute. Without written report.


  • November 13, 2019
    Placed on Senate Legislative Calendar under General Orders. Calendar No. 306.


  • December 15, 2020
    By Senator Enzi from Committee on the Budget filed written report. Report No. 116-325. Additional views filed.

Economics and Public Finance

AppropriationsBudget deficits and national debtBudget processCongressional committeesCongressional oversightCrime victimsGovernment studies and investigationsIncome tax creditsIncome tax deductionsLegislative rules and procedureSenateSenate Committee on the Budget

Bipartisan Congressional Budget Reform Act

USA116th CongressS-2765| Senate 
| Updated: 12/15/2020
Bipartisan Congressional Budget Reform Act This bill makes several modifications to the federal budget process, including the procedures for considering congressional budget resolutions and adjusting the debt limit. Among other modifications, the bill includes provisions that require biennial congressional budget resolutions, instead of the annual budget resolutions required under current law; retain the existing annual appropriations process; require a budget resolution to specify a target for the ratio of the debt held by the public to the gross domestic product (GDP) for each year covered by the resolution; require the debt-to-GDP target to be enforced using a reconciliation process that requires deficit reduction legislation to be considered using expedited legislative procedures; allow a budget resolution to include the amount of tax expenditures; provide for automatic adjustments of the debt limit and statutory discretionary spending limits to conform to the levels in the budget resolution; modify the procedures for considering budget resolutions in the Senate; allow budget resolutions that have bipartisan support and meet specified requirements to be considered in the Senate using expedited procedures; modify and establish budget points of order that may be raised against legislation; rename the Committee on the Budget of the Senate as the Committee on Fiscal Control and the Budget of the Senate; and expand reporting requirements for congressional committees, the Office of Management and Budget, the Congressional Budget Office, and the Government Accountability Office.

Bill Text Versions

View Text
2 versions available

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Oct 31, 2019
Introduced in Senate
Oct 31, 2019
Read twice and referred to the Committee on the Budget.
Nov 6, 2019
Committee on the Budget. Ordered to be reported with an amendment in the nature of a substitute favorably.
Nov 13, 2019
Committee on the Budget. Reported by Senator Enzi with an amendment in the nature of a substitute. Without written report.
Nov 13, 2019
Placed on Senate Legislative Calendar under General Orders. Calendar No. 306.
Dec 15, 2020
By Senator Enzi from Committee on the Budget filed written report. Report No. 116-325. Additional views filed.
  • October 31, 2019
    Introduced in Senate


  • October 31, 2019
    Read twice and referred to the Committee on the Budget.


  • November 6, 2019
    Committee on the Budget. Ordered to be reported with an amendment in the nature of a substitute favorably.


  • November 13, 2019
    Committee on the Budget. Reported by Senator Enzi with an amendment in the nature of a substitute. Without written report.


  • November 13, 2019
    Placed on Senate Legislative Calendar under General Orders. Calendar No. 306.


  • December 15, 2020
    By Senator Enzi from Committee on the Budget filed written report. Report No. 116-325. Additional views filed.
Michael B. Enzi

Michael B. Enzi

Republican Senator

Wyoming

Cosponsors (23)
Joni Ernst (Republican)Rick Scott (Republican)Mike Braun (Republican)David Perdue (Republican)James E. Risch (Republican)Christopher A. Coons (Democratic)Ron Johnson (Republican)Lamar Alexander (Republican)Mark R. Warner (Democratic)Angus S. King (Independent)Lindsey Graham (Republican)Roy Blunt (Republican)Kelly Loeffler (Republican)Tim Kaine (Democratic)Sheldon Whitehouse (Democratic)Kevin Cramer (Republican)James Lankford (Republican)John Kennedy (Republican)Deb Fischer (Republican)John Barrasso (Republican)John Cornyn (Republican)Chuck Grassley (Republican)Mike Crapo (Republican)

Budget Committee

Economics and Public Finance

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
AppropriationsBudget deficits and national debtBudget processCongressional committeesCongressional oversightCrime victimsGovernment studies and investigationsIncome tax creditsIncome tax deductionsLegislative rules and procedureSenateSenate Committee on the Budget