US SB3143 | 2009-2010 | 111th Congress

US Congress Senate Bill 3143 (Prior Session Legislation)

Status

Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on March 18 2010 - 25% progression, died in chamber
Action: 2010-03-19 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 322.
Text: Latest bill text (Introduced) [PDF]

Summary

No Pay Raise for Congress Until the Budget is Balanced Act - Eliminates automatic cost of living adjustments (COLAs) for Members of Congress during FY2011 or any succeeding fiscal year, until the fiscal year following the first fiscal year that the annual federal budget deficit is $0. Requires the Secretary of the Treasury to: (1) determine whether or not the annual federal budget deficit was $0 for that fiscal year, and if so, report that determination to Congress; and (2) report that determination also to the Secretary of the Senate and the Chief Administrative Officer of the House of Representatives, as well as whether or not such COLA restriction shall apply to the succeeding fiscal year. Reduces the statutory limit on the public debt as follows: (1) for FY2011, $13.9 trillion; (2) for FY2012, $13.7 trillion; (3) for FY2013, $13.5 trillion; (4) for FY2014, $12.3 trillion; and (5) for FY2015 and each ensuing fiscal year, $12.1 trillion.

Title

A bill to provide that Members of Congress shall not receive a pay increase until the annual Federal budget deficit is eliminated.

History

Date	Chamber	Action
2010-03-19		Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 322.
2010-03-18		Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

Same As/Similar To

HB5146 (Related) 2010-05-14 - Became Public Law No: 111-165.
SB3158 (Related) 2010-03-24 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 334.