- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Committee on AdministrationCommittee on Oversight and ReformIntroducedDecember 1st, 2017
- house Committees
Congress has run up budget deficits for too long, and if we’re ever going to shrink the debt lawmakers first have to balance the budget. Cutting their pay if there’s a deficit is a great incentive for fiscal responsibility.
Deficit spending is acceptable in moderation and needed during recessions — there shouldn’t be a financial incentive for lawmakers to keep the federal budget balanced at all costs during economic turbulence.