US Congress House Bill 1557 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on March 17 2009 - 25% progression, died in committee
Action: 2009-03-17 - Referred to House Rules
Pending: House Rules Committee
Text: Latest bill text (Introduced) [PDF]

Securing America's Future Economy Commission Act or SAFE Commission Act - Establishes the Securing America's Future Economy (SAFE) Commission to develop legislation designed to address: (1) the unsustainable imbalance between long-term federal spending commitments and projected revenues; (2) increases in net national savings to provide for domestic investment and economic growth; (3) the implications of foreign ownership of federally issued debt instruments; and (4) revision of the budget process to place greater emphasis on long-term fiscal issues. Requires the Commission to: (1) develop one or two methods for estimating the cost of legislation as an alternative to the current Congressional Budget Office (CBO) method; and (2) hold at least one town-hall style public hearing within each federal reserve district. Requires the Commission to submit a legislative proposal to Congress and the President. Authorizes the President to submit to Congress an alternative proposal. Authorizes the Committee on the Budget of either chamber to publish its own alternative proposal in the Congressional Record. Sets forth procedures for consideration of such legislation. Requires CBO to prepare a long-term cost estimate and have it published in the Congressional Record as expeditiously as possible whenever requested to do so by the Commission, the President, or the chairman or ranking minority member of the Committee on the Budget of either chamber.

SAFE Commission Act

Rep. John Adler [D-NJ]	Rep. Jason Altmire [D-PA]	Rep. Michele Bachmann [R-MN]	Rep. Spencer Bachus [R-AL]
Rep. John Barrow [D-GA]	Rep. Roscoe Bartlett [R-MD]	Rep. Melissa Bean [D-IL]	Rep. Brian Bilbray [R-CA]
Rep. Sanford Bishop [D-GA]	Rep. Timothy Bishop [D-NY]	Sen. Roy Blunt [R-MO]	Rep. Dan Boren [D-OK]
Rep. Leonard Boswell [D-IA]	Rep. Rick Boucher [D-VA]	Rep. Allen Boyd [D-FL]	Rep. Kevin Brady [R-TX]
Rep. Bobby Bright [D-AL]	Rep. Dave Camp [R-MI]	Rep. John Campbell [R-CA]	Rep. Anh Cao [R-LA]
Rep. Christopher Carney [D-PA]	Rep. John Carter [R-TX]	Rep. Michael Castle [R-DE]	Rep. Jason Chaffetz [R-UT]
Rep. Travis Childers [D-MS]	Rep. Tom Cole [R-OK]	Rep. Jim Cooper [D-TN]	Rep. Jim Costa [D-CA]
Rep. Henry Cuellar [D-TX]	Rep. John Culberson [R-TX]	Rep. Kathleen Dahlkemper [D-PA]	Rep. Lincoln Davis [D-TN]
Rep. Charles Dent [R-PA]	Sen. Joe Donnelly [D-IN]	Rep. John Duncan [R-TN]	Rep. Chet Edwards [D-TX]
Rep. Vernon Ehlers [R-MI]	Rep. Brad Ellsworth [D-IN]	Rep. Chaka Fattah [D-PA]	Sen. Jeff Flake [R-AZ]
Rep. Randy Forbes [R-VA]	Rep. Jeff Fortenberry [R-NE]	Rep. Bill Foster [D-IL]	Rep. Trent Franks [R-AZ]
Rep. Rodney Frelinghuysen [R-NJ]	Rep. Scott Garrett [R-NJ]	Rep. Jim Gerlach [R-PA]	Rep. Gabrielle Giffords [D-AZ]
Rep. Louie Gohmert [R-TX]	Rep. Bob Goodlatte [R-VA]	Rep. Bart Gordon [D-TN]	Rep. Kay Granger [R-TX]
Rep. Parker Griffith [R-AL]	Sen. Martin Heinrich [D-NM]	Sen. Dean Heller [R-NV]	Rep. Jeb Hensarling [R-TX]
Rep. Stephanie Herseth Sandlin [D-SD]	Rep. Baron Hill [D-IN]	Rep. James Himes [D-CT]	Rep. Peter Hoekstra [R-MI]
Rep. Bob Inglis [R-SC]	Rep. Jay Inslee [D-WA]	Rep. Lynn Jenkins [R-KS]	Rep. Walter Jones [R-NC]
Rep. Ron Kind [D-WI]	Rep. Jack Kingston [R-GA]	Sen. Mark Kirk [R-IL]	Rep. Ann Kirkpatrick [D-AZ]
Rep. Suzanne Kosmas [D-FL]	Rep. Frank Kratovil [D-MD]	Rep. Leonard Lance [R-NJ]	Rep. Rick Larsen [D-WA]
Rep. Tom Latham [R-IA]	Rep. Daniel Lipinski [D-IL]	Rep. David Loebsack [D-IA]	Rep. Daniel Lungren [R-CA]
Rep. Betsy Markey [D-CO]	Rep. Jim Matheson [D-UT]	Rep. Mike McIntyre [D-NC]	Rep. Kendrick Meek [D-FL]
Rep. Charlie Melancon [D-LA]	Rep. Michael Michaud [D-ME]	Rep. Walter Minnick [D-ID]	Rep. Harry Mitchell [D-AZ]
Rep. Dennis Moore [D-KS]	Rep. James Moran [D-VA]	Rep. Patrick Murphy [R-PA]	Rep. Scott Murphy [D-NY]
Rep. Tim Murphy [R-PA]	Rep. Sue Myrick [R-NC]	Rep. Glenn Nye [D-VA]	Rep. Glenn Nye [D-VA]
Rep. Collin Peterson [D-MN]	Rep. Joseph Pitts [R-PA]	Rep. Todd Platts [R-PA]	Rep. Earl Pomeroy [D-ND]
Rep. Adam Putnam [R-FL]	Rep. Mike Quigley [D-IL]	Rep. David Roe [R-TN]	Rep. Mike Ross [D-AR]
Rep. Edward Royce [R-CA]	Rep. Adam Schiff [D-CA]	Rep. Kurt Schrader [D-OR]	Rep. David Scott [D-GA]
Rep. James Sensenbrenner [R-WI]	Rep. Carol Shea-Porter [D-NH]	Rep. Heath Shuler [D-NC]	Rep. Adam Smith [D-WA]
Rep. Christopher Smith [R-NJ]	Rep. Lamar Smith [R-TX]	Rep. Cliff Stearns [R-FL]	Rep. John Tanner [D-TN]
Rep. Mac Thornberry [R-TX]	Rep. Patrick Tiberi [R-OH]	Rep. Zach Wamp [R-TN]	Sen. Peter Welch [D-VT]
Rep. Lynn Westmoreland [R-GA]	Rep. Charles Wilson [D-OH]	Rep. Robert Wittman [R-VA]	Rep. Frank Wolf [R-VA]

Date	Chamber	Action
2009-03-17		Referred to House Rules
2009-03-17		Referred to House Budget
2009-03-17		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.

SB1056 (Related) 2009-05-14 - Read twice and referred to the Committee on the Budget.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/house-bill/1557/all-info
Text	https://www.congress.gov/111/bills/hr1557/BILLS-111hr1557ih.pdf