Posted on 07/29/2011 5:57:03 PM PDT by combat_boots
H.R.2693 -- Budget Control Act of 2011 (Introduced in House - IH)
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Contents Display On Thomas: http://thomas.loc.gov/cgi-bin/query/z?c112:h2693:
.pdf: http://www.govtrack.us/data/us/bills.text/112/h/h2693ih.pdf
“We assume we’re going to be fighting this war for 10 more years, with over 100,000 troops in Afghanistan and oh, gosh, wait, we’re going to withdraw our troops in 2014. $1 trillion in savings. I’ve got a better idea. Let’s pass a bill to cover the moon with yogurt that will cost $5 trillion today. and then let’s pass a bill the next day to cancel that bill. We could save $5 trillion. Wait, I’ve got a better idea. Our debt is $14 trillion. Let’s come up with a new plan to spend $14 trillion, then rescind it the next day and let’s save $14 trillion. This stuff is fiscal fantasy. You can’t make this stuff up, Mr. Speaker.”
Table it
“TITLE IV—PUBLIC DEBT
SEC. 401. PUBLIC DEBT.
Subsection (b) of section 3101 of title 31, United States Code, is amended by striking the dollar limitation contained in that subsection and inserting ‘$16,994,000,000,000’.”
Table this thing!
Reids crony bill shouldn’t even get a nod.
Subtitle B—Federal Pell Grant and Student Loan Program Changes
SEC. 251. FEDERAL PELL GRANT AND STUDENT LOAN PROGRAM CHANGES.
(a) Federal Pell Grants- Section 401(b)(7)(A)(iv) of the Higher Education Act of 1965 (20 U.S.C. 1070a(b)(7)(A)(iv)) is amended—
(1) in subclause (II), by striking ‘$3,183,000,000’ and inserting ‘$13,683,000,000’; and
(2) in subclause (III), by striking ‘$0’ and inserting ‘$7,500,000,000’.
(b) Termination of Authority To Make Interest Subsidized Loans to Graduate and Professional Students- Section 455(a) of the Higher Education Act of 1965 (20 U.S.C. 1087e(a)) is amended by adding at the end the following:
‘(3) TERMINATION OF AUTHORITY TO MAKE INTEREST SUBSIDIZED LOANS TO GRADUATE AND PROFESSIONAL STUDENTS- Notwithstanding any provision of this part or part B, for any period of instruction beginning on or after July 1, 2012—
‘(A) a graduate or professional student shall not be eligible to receive a subsidized Federal Direct Stafford Loan under this part;
‘(B) the maximum annual amount of Federal Direct Unsubsidized Stafford Loans such a student may borrow in any academic year (as defined in section 481(a)(2)) or its equivalent shall be the maximum annual amount for such student determined under section 428H, plus an amount equal to the amount of Federal Direct Subsidized Loans the student would have received in the absence of this paragraph; and
‘(C) the maximum aggregate amount of Federal Direct Unsubsidized Stafford Loans such a student may borrow shall be the maximum aggregate amount for such student determined under section 428H, adjusted to reflect the increased annual limits described in subparagraph (B), as prescribed by the Secretary by regulation.’.
(c) Inapplicability of Title IV Negotiated Rulemaking and Master Calendar Exception- Sections 482(c) and 492 of the Higher Education Act of 1965 (20 U.S.C. 1089(c), 1098a) shall not apply to the amendments made by this section, or to any regulations promulgated under those amendments.
SEC. 101. DISCRETIONARY SPENDING LIMITS.
(a) Point of Order- It shall not be in order in the House of Representatives or the Senate to consider any bill, resolution, amendment, motion or conference report that includes any provision that would cause the discretionary spending limits as set forth in this section to be exceeded.
(b) Limits-
(1) IN GENERAL- In this section, the term ‘discretionary spending limits’ has the following meaning subject to adjustments in paragraph (2) and subsection (c):
(A) For fiscal year 2012—
(i) for the security category $606,000,000,000 in budget authority; and
(ii) for the nonsecurity category $439,000,000,000 in budget authority.
(B) For fiscal year 2013—
(i) for the security category $607,000,000,000 in budget authority; and
(ii) for the nonsecurity category $440,000,000,000 in budget authority.
(C) For fiscal year 2014, $1,068,000,000,000 in budget authority.
(D) For fiscal year 2015, $1,089,000,000,000 in budget authority.
(E) For fiscal year 2016, $1,111,000,000,000 in budget authority.
(F) For fiscal year 2017, $1,134,000,000,000 in budget authority.
(G) For fiscal year 2018, $1,156,000,000,000 in budget authority.
(H) For fiscal year 2019, $1,180,000,000,000 in budget authority.
(I) For fiscal year 2020, $1,204,000,000,000 in budget authority.
(J) For fiscal year 2021, $1,228,000,000,000 in budget authority.
(2) AUTHORIZED ADJUSTMENT TO LIMITS-
(A) ADJUSTMENTS FOR BUDGET SUBMISSION- When the President submits a budget under section 1105 of title 31, United States Code, OMB shall calculate and the budget shall include adjustments to discretionary spending limits (and those limits as cumulatively adjusted) for the budget year and each out year equal to the baseline levels of new budget authority using up-to-date concepts and definitions minus those levels using the concepts and definitions in effect before such changes. Such changes may only be made after consultation with the committees on Appropriations and the Budget of the House of Representatives and the Senate and that consultation shall include written communication to such committees that affords such committees the opportunity to comment before official action is taken with respect to such changes.
(B) ADJUSTMENTS FOR CONGRESSIONAL ENFORCEMENT- For the purposes of Congressional enforcement of the limits in this section, the Chairmen of the Committees on the Budget of the Senate and House may adjust the discretionary spending limits in amounts equal to the adjustments made pursuant to subparagraph (A) as contained in the President’s budget. Any adjustment made pursuant to this subparagraph shall not constitute a repeal or change to the limits contained in this section....
RINOS WILL BE APPOINTED:
A) IN GENERAL- The joint committee shall be composed of 12 members appointment pursuant to subparagraph (B).
(B) APPOINTMENT- Members of the joint committee shall be appointed as follows:
(i) The majority leader of the Senate shall appoint 3 members from among Members of the Senate.
(ii) The minority leader of the Senate shall appoint 3 members from among Members of the Senate.
(iii) The Speaker of the House of Representatives shall appoint 3 members from among Members of the House of Representatives.
(iv) The minority leader of the House of Representatives shall appoint 3 members from among Members of the House of Representatives.
Yup.
Look at the IRS enforcement provisions.
And....the Internet control monies/regulations of “Spectrum” Net Neutrality is so 2009.
I’d heard someone effectively introduced the Reid bill yet to be voted on in the House already. I think this is it. Comes from CA, too. Bella Pelosi is such a vampire.
Reid, Schumer and Donald Duck Durbin just had a press conference. Schumer said the house republicans can’t tie their shoes. God, I wish a republican would step up and tell the dems to go to hell. They should say “You’ve acted like little name-calling children and used us a punching bags for the last time. We won’t be voting on anything else.” But they won’t.
And, Reid and Duck Durbin saying everything is always bipartisan. I guess he forgot about healthcare. And I guess the gop forgot to remind him.
LOL, the majority leader tables bills.
Why is there FCC garbage in it?!
Can the FCC already! Get rid of all of it and stop spending money on it.
(3) OVERSEAS DEPLOYMENTS AND RELATED ACTIVITIES-
(A) CAP ADJUSTMENT- The discretionary spending limits, allocation to the Committees on Appropriations of each House, and aggregates for that year may be adjusted by an amount in budget authority not to exceed the amount provided in such legislation for that purpose for that fiscal year, but not to exceed in aggregate the amounts specified in subparagraph (B) for any—
(i) bills reported by the Committees on Appropriations of either House or in the Senate, passed by the House of Representatives;
(ii) joint resolutions or amendments reported by the Committees on Appropriations of either House;
(iii) amendments between the Houses, Senate amendments to such amendments offered by the authority of the Committee on Appropriations of the Senate, or House amendments to such amendments offered by the authority of the Committee on Appropriations in the House of Representatives; or
(iv) conference reports; making appropriations for overseas deployments and related activities.
(B) LEVELS-
(i) LEVELS- The initial levels for overseas deployments and related activities specified in this subparagraph are as follows:
(I) For fiscal year 2012, $126,544,000,000 in budget authority.
(II) For the total of fiscal years 2013-2021, $450,000,000,000 in budget authority.
(ii) LEVELS FOR CONGRESSIONAL ENFORCEMENT- For each fiscal year after fiscal year 2012, Congress shall adopt in the concurrent resolution on the budget for that fiscal year an adjustment for overseas deployments and related activities, provided that Congress may not adopt an adjustment for any fiscal year that would cause the total adjustments for fiscal years 2013-2021 to exceed the amount authorized in subclause (II).
(iii) ACCOUNTING FOR OVERSEAS DEPLOYMENT AND RELATED ACTIVITIES- In any report issued under section 7(f), the Office of Management and Budget shall state the total amount of spending on overseas deployments and related activities for fiscal years 2013-2021 and the estimated amount of budget authority adjustment remaining for that period.
(C) ADJUSTMENT FOR OFFSET OVERSEAS DEPLOYMENT COSTS- The levels set in subparagraph (B) may be further adjusted by the amount of budget authority provided in legislation for additional costs associated with overseas deployments and related activities if the amount of budget authority above those levels is offset.
“Why is there FCC garbage in it?!”
We know why. It’s not just conservative Tea Party members of Congress they’re after. It’s us. We are to be silenced.
Look at the expected ‘reallocations’ of Social Security in this bill. Consider the gutting of DoD spending. And IRS enforcement/health care fraud enforcement.
Establishing the crown jewel of a Politburo from ‘selected’ House and Senate members is one thing. Controlling what information we see is quite another.
Finally, look at the allocations for unemployment. It is written in to this legislation as a rising figure, and I don’t mean ‘adjusted for inflation.’
This is their end-around, back door ‘shell’ of Reid’s bill. This is the DNCSorosCAP0bamaReidPelosi plan.
BODY SLAM....
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