Like Countable?

Install the App
TRY NOW

house Bill H.R. 3877

Should the Debt Limit Be Suspended Through Mid-2021 & Budget Caps Lifted for Defense & Domestic Spending?

Argument in favor

Setting budget levels and making sure the federal government honors its obligations by raising the debt limit is one of the most important responsibilities that falls to Congress. As a bipartisan compromise, there are good and bad elements to this bill but the alternative — no deal and a potential default in late August or early September while Congress is on recess — is unacceptable.

Jeff's Opinion
···
07/25/2019
This should be tie-barred with a reversal of the tax cuts for the wealthy.
Like (123)
Follow
Share
Amber's Opinion
···
07/26/2019
If we stop cutting taxes for the wealthy (for example 45) and if we stop giving tax welfare to rich corporations, than the need to increase our debt will subside. Republicans talk the talk but they can’t walk the walk.
Like (49)
Follow
Share
Rc's Opinion
···
07/26/2019
Yes let us increase the national debt and I have an idea how to start paying for it. The corporate and top 1% tax gift law needs a change, not repeal. First delete any part that encourages off shore investments. Second, delete tax write offs that are nothing but pork. R&D, work force education assistance and like tax brakes stay. Time to work on the tax code.
Like (32)
Follow
Share

Argument opposed

With a $22 trillion national debt the U.S. needs to do more to rein in spending, and this bill continues the unsustainable trend of kicking the can down the road for future generations. Alternatively, this bill’s priorities in terms of increasing spending on both defense and non-defense domestic programs are misplaced. Congress should work through August to reach a better deal.

Robert 's Opinion
···
07/25/2019
Keep the cap and cut defense spending and corporate subsidies. One reason we don’t have funding for universal healthcare is because of the disproportionate amount of our budget spent on defense compared to other countries.
Like (213)
Follow
Share
Curtis's Opinion
···
07/25/2019
This is a hard no. No increases in defense spending, especially under this administration. Revenue can be generated by rolling back at least a portion of the GOP Tax Scam. Bring that to the table for future negotiations. Stop out of control spending and stop giving tax breaks to the wealthy and to corporations.
Like (130)
Follow
Share
Kodiwodi's Opinion
···
07/25/2019
No. It’s time to stop deficit spending, hold the debt limit where it is and vastly cut military spending. What’s so hard to understand about that?
Like (114)
Follow
Share

bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate Passed August 1st, 2019
    Roll Call Vote 67 Yea / 28 Nay
  • The house Passed July 25th, 2019
    Roll Call Vote 284 Yea / 149 Nay
    IntroducedJuly 23rd, 2019

Log in or create an account to see how your Reps voted!

What is House Bill H.R. 3877?

This bill — the Bipartisan Budget Act of 2019 — would raise the debt limit through July 31, 2021, to avoid a potential default in late August or early September and raise discretionary spending caps to $1.371 trillion in FY2020 & $1.375 trillion in FY2021 (up from their FY2019 level of $1.321 trillion). It would increase discretionary budgets for both defense and non-defense categories, provide additional funding for the 2020 Census, and include $77.5 billion in offsets for the increased spending. A detailed breakdown of its various provisions can be found below.

SPENDING CAPS

Fiscal Year 2020: The overall discretionary budget would total $1.371 trillion. The defense discretionary budget would total $739 billion, including a base budget of $666.5 billion plus $71.5 billion for Overseas Contingency Operations (OCO), which is an increase of $30.9 billion from FY2019. The non-defense discretionary budget would total $629.5 billion, including $8 billion in OCO funding, which is an increase of $24.5 billion from FY2019. This section would also authorize a budget increase of $2.5 billion for the 2020 Census.

Fiscal Year 2021: The overall discretionary budget would total $1.375 trillion. The defense discretionary budget would total $740.5 billion, including a base budget of $671.5 billion and $69 billion in OCO funding. The non-defense discretionary budget would total $634.5 billion, including $8 billion in OCO funding.

Taken together, the budget levels set forth for FY2020-2021 would carry the federal government through the expiration of the budget sequestration enacted in the Budget Control Act of 2011, which would trigger across-the-board spending cuts if allowed to take effect.

DEBT LIMIT

This section would suspend the public debt limit through July 31, 2021, effectively allowing the federal government to continue borrowing money through bond markets.

OFFSETS

This section would offset spending by extending existing customs user fee rates from FY2027 through FY2029, and extending Medicare benefits provisions through that period as well. In total, it's projected they would reduce budget authority by $77.3 billion and outlays (actual spending) by $54.5 billion.

Impact

The federal government; and financial markets.

Cost of House Bill H.R. 3877

$324.00 Billion
The CBO estimates that enacting this bill would increase budget authority by $324 billion over the 2019-2029 period and increase spending by $319.4 billion over that period.

More Information

In-DepthHouse Buget Committee Chairman John Yarmuth (D-KY) offered the following statement on this bipartisan budget caps and debt limit deal he introduced with Ways & Means Chairman Richard Neal (D-MA):

“I am pleased that a bipartisan, two-year budget caps deal has been reached in principle between Congress and the Administration. The agreement rejects the devastating Trump budget cuts in favor of strong investments in our national and economic security. This deal protects American families, provides certainty for our communities and our economy, and should be enacted without delay.”

President Donald Trump announced the deal by Tweet:

“I am pleased to announce that a deal has been struck with Senate Majority Leader Mitch McConnell, Senate Minority Leader Chuck Schumer, Speaker of the House Nancy Pelosi, and House Minority Leader Kevin McCarthy - on a two-year Budget and Debt Ceiling, with no poison pills… This was a real compromise in order to give another big victory to our Great Military and Vets!”

The fiscally conservative House Freedom Caucus tweeted its formal opposition to the deal:

“Our country is rapidly approaching $23 trillion in debt. We should be negotiating a responsible budget that serves taxpayers better — not raising spending by $323 billion with no serious offsets.”


Of NoteThe structure of this bill is similar to what Congress passed in its last bipartisan budget & debt limit deal, the Bipartisan Budget Act of 2018, which came about after a 69-hour partial government shutdown to reach the deal and a more than five hour partial shutdown to enact the deal. That bill raised budget caps on both defense and non-defense discretionary spending and also raised the debt limit for two years.


Media:

Summary by Eric Revell

(Photo Credit: iStock.com / Luka Banda)

AKA

Bipartisan Budget Act of 2019

Official Title

Bipartisan Budget Act of 2019

    This should be tie-barred with a reversal of the tax cuts for the wealthy.
    Like (123)
    Follow
    Share
    Keep the cap and cut defense spending and corporate subsidies. One reason we don’t have funding for universal healthcare is because of the disproportionate amount of our budget spent on defense compared to other countries.
    Like (213)
    Follow
    Share
    This is a hard no. No increases in defense spending, especially under this administration. Revenue can be generated by rolling back at least a portion of the GOP Tax Scam. Bring that to the table for future negotiations. Stop out of control spending and stop giving tax breaks to the wealthy and to corporations.
    Like (130)
    Follow
    Share
    No. It’s time to stop deficit spending, hold the debt limit where it is and vastly cut military spending. What’s so hard to understand about that?
    Like (114)
    Follow
    Share
    We need to get rid of the debt ceiling and the budget cap for domestic spending. However, the cap on defense (offense) spending needs to remain place. In fact, we need to dramatically cut military spending! We’re currently engaged in multiple offensive wars in the Middle East and Africa that we’re never authorized by Congress. These wars are just making defense contractors rich! Spend this money on infrastructure! Spend it on education! Spend it on Medicare-for-all! Spend it on programs that actually benefit the American people!
    Like (50)
    Follow
    Share
    If we stop cutting taxes for the wealthy (for example 45) and if we stop giving tax welfare to rich corporations, than the need to increase our debt will subside. Republicans talk the talk but they can’t walk the walk.
    Like (49)
    Follow
    Share
    NO to HR3877 that removes all spending caps! This drunken spending bill would guarantee Congress add several TRILLION dollars in wasteful vote buying to our exploding national debt. This idiocy will almost certainly pass in the House but I’m calling on the U.S. Senate to stop this madness and crush it entirely.
    Like (36)
    Follow
    Share
    No way. Especially not defense. DOD is already conducting SEVEN unauthorized wars. Cut the DOD in half and send that money to domestic projects WE want like a SINGLE PAYER UNIVERSAL HEALTHCARE SYSTEM. Or just pay down the debt. Either way CUT THE DOD.
    Like (35)
    Follow
    Share
    Keep the cap and cut defense spending and corporate subsidies. One reason we don’t have funding for universal healthcare is because of the disproportionate amount of our budget spent on defense compared to other countries.
    Like (35)
    Follow
    Share
    Yes let us increase the national debt and I have an idea how to start paying for it. The corporate and top 1% tax gift law needs a change, not repeal. First delete any part that encourages off shore investments. Second, delete tax write offs that are nothing but pork. R&D, work force education assistance and like tax brakes stay. Time to work on the tax code.
    Like (32)
    Follow
    Share
    Defense spending is outrageous and out of control! Don’t you dare touch entitlements like social security and Medicare which have been paid for by taxes
    Like (29)
    Follow
    Share
    No. Congress: shame on all of you. Stop spending our hard earned money, damnit. Enough with the 7 wars. More bad news for you to figure out: while we want you to SPEND LESS, we also want you to INVEST IN OUR HEALTHCARE the same way we the people have invested in free healthcare for life for Congress.
    Like (28)
    Follow
    Share
    I think that we need to develop some sort of guiding philosophy for strategic allocations of our resources. There are many many good things to do with our budget and there really is no agreed to guidelines for assessing the relative priorities of budgetary allocations. As resources become scarce there needs to be some guiding principals that we can agree to and use to assess relative priorities. Who are we? What are our values in today’s “finite” planet. What do we stand for? Not exactly sure how to do this. I would envision something akin the bill of rights, a proclamation of our guiding philosophies and our priorities, that says who we are in the modern world, what we stand for, what’s important to us today and what is important to us in the future. Sure, there would be many disagreements and would take some really careful thought to reach some meaningful consensus that could help guide budgetary priorities. I admit, I have not completely thought this through and I know it sounds a little corny; but it could go a long way to have a strategic allocation of resources, to limit an of out of control administration’s ability to just cancel programs or change any rules that they don’t happen to like, and to signal the world who we think we are, what we stand for and where we think we are going.
    Like (25)
    Follow
    Share
    This is a little bomb planted just in case a Democrat is elected President. Republicans only care about the debt when they don’t have the WH.
    Like (20)
    Follow
    Share
    Absolutely not. Our debt is already far out of control and we must do more to rein in our spending habits. The Federal government must realize that the more we borrow because of uncontrolled spending only furthers our inability to claim our economic sovereignty. When we are given loans, other countries provide those loans; countries like China, Russia, Germany, the UK. Some of these countries are okay to handle our debt, while others have not and cannot be our economic partners. Regain our economic sovereignty by reining in spending and utilizing controlled measures to reduce our debt such as sinking funds and buy back options. Let the government be an example for its citizens that debt, while a good thing on a small level, cannot continue on at uncontrolled habits.
    Like (19)
    Follow
    Share
    No no no. The DOD loses money and service members are underpaid and discarded after they serve no use for the military. Cut defense spending keep caps and use our money for something other than going to foreign countries to kill their people damnit.
    Like (16)
    Follow
    Share
    Just cut defense spending. It's all been pushed to the camps...no ...prisons at the border. Nothing to to protect our cybersecurity security where it's needed. Oh that's right! Excuse me they want tRump to be king. I forgot! We want a dictatorship. Silly me! All this stuff crammed into one bill should be separate.
    Like (15)
    Follow
    Share
    We should not give 45 a blank check as he threatens war with Iran and terrorizes anyone he thinks of as “the other”. Shut him and McConnell down. Refuse to cooperate until they agree to end their cruel and unusual series of policies or we get them out of office!
    Like (14)
    Follow
    Share
    No increase in defense spending! Do not raise debt limit. Raise corporate taxes instead. Trump has overseen his own bankruptcy several times. Defense is overfunded. If trump can take 8 billion for his vanity wall, we are obviously overfunding the military by at least 8 billion.
    Like (14)
    Follow
    Share
    I do not approve of any increase in military spending. The outrageously extreme amount we spend all ready bankrupts this country leaving nothing for social safety net. And for those who cry "no socialism" just remember that the military is a completely socialist construct.
    Like (13)
    Follow
    Share
    MORE