Budget Control Act: Potential Impact of Automatic Spending Reduction Procedures on Health Reform Spending

Redhead, C. Stephen

Library of Congress. Congressional Research Service.

关键词: Budgets;    Federal budgets;    Health services administration;    Medical care;    Medicaid;   

RP-ID  :  R42051
RP-ID  :  R42051_2011Nov22

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report discusses the Budget Control Act of 2011 (BCA; P.L. 112-25), which established new budget enforcement mechanisms for reducing the federal deficit by at least $2.1 trillion over the 10-year period FY2012-FY2021. The BCA places statutory limits, or caps, on discretionary spending for each of those 10 fiscal years, which will save an estimated $0.9 trillion during that period. In addition, it creates a Joint Select Committee on Deficit Reduction (Joint Committee), which is instructed to develop legislation to reduce the federal deficit by at least another $1.5 trillion through FY2021.