Budget Control Act of 2011, Public Law 112-25

Budget Control Act of 2011, Public Law 112-25
Title:
Budget Control Act of 2011, Public Law 112-25
Format:
Booklet
USA Price: 
Stock:
In stock
GPO Stock Number:
069-000-00206-4
Description

Public Law No: 112-25 (08/02/2011)

Summary:

Budget Control Act of 2011 - Title I: Ten-Year Discretionary Caps with Sequester - (Sec. 101) Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to revise sequestration requirements for enforcement of discretionary spending limits (spending caps).

Title II: Vote on the Balanced Budget Amendment - (Sec. 201) Requires the House and the Senate, after September 30, 2011, and by December 31, 2011, to vote on passage of a joint resolution proposing a balanced budget amendment to the Constitution.

Title III: Debt Ceiling Disapproval Process - (Sec. 301) Authorizes the President, by December 31, 2011, to certify to Congress that the public debt is within $100 billion of the $14.294 trillion public debt limit and that further borrowing is required to meet existing commitments. Authorizes the Secretary of the Treasury to borrow an additional $900 billion, subject to the enactment of a joint resolution of disapproval.

Title IV: Joint Select Committee on Deficit Reduction - (Sec. 401) Establishes the Joint Select Committee on Deficit Reduction, whose goal shall be to reduce the deficit by at least $1.5 trillion or more over FY2012-FY2021.

Title V: Pell Grant and Student Loan Program Changes - (Sec. 501) Amends the Higher Education Act of 1965 to increase appropriations for federal Pell Grants for FY2012-FY2013.

 

Related items:

Financial Report of the United States Government, FY 2011 can be found here: https://bookstore.gpo.gov/products/sku/048-000-00570-5

Budget of the U.S. Government, Fiscal Year 2011 (CD-ROM) can be found here: https://bookstore.gpo.gov/products/sku/041-001-00675-3

Congressional Budget Reports & Economic Analyses collection can be found here: https://bookstore.gpo.gov/catalog/budget-economy/congressional-budget-re...

Audience

Policymakers, members of government, governmental agencies, and businesses will all want information on the law related to the Budget since this data can affect future policy decisions and business and market trends.  

Product Details

Availability Details:
In Stock
USA Price:
$4.25
International Price:
$5.95
Publisher:
National Archives and Records Administration, Office of the Federal Register
Key Phrases:
  • Public Law 112 25
  • Budgets
  • Federal Budgets
Weight:
0.125
Quantity Price:
Discount
Cover:
Paper
Unit of Issue (US):
1
Unit of Issue (Non-US):
1
Item available Date:
08/04/2011
Last Status Update:
01/08/2018
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