H.R. 2560: Cut, Cap, and Balance Act of 2011

Before you vote › Federal bills

H.R. 2560: Cut, Cap, and Balance Act of 2011

112th Congress · introduced 2011-07-15 · Economics and Public Finance · Latest: Motion to table the motion to proceed to the bill agreed to in Senate by Yea-Nay Vote. 51 - 46. Record Vote Number: 116. (consideration: CR S4825-4826)

federal

Save to my notebook What does this mean? Print

Official title

Cut, Cap, and Balance Act of 2011

Plain summary

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) Cut, Cap, and Balance Act of 2011 - Title I: Cut - (Sec. 101) Amends the Congressional Budget Act of 1974 (CBA) to make it out of order in both chambers to consider any bill, joint resolution, amendment, or conference report that would cause the discretionary spending limits established in this Act to be exceeded. Establishes the discretionary spending limits for FY2012 as $1,019,402,000,000 in new budget authority and $1,224,568,000,000 in outlays. Authorizes the Chairman of the Senate Committee on the Budget to adjust such limits, budgetary aggregates in the most recently adopted concurrent budget resolution, and CBA committee allocations if a bill or joint resolution is reported making appropriations for FY2012 that provides funding for the global war on terrorism. Makes it out of order in both chambers to consider any legislation that includes any provision that would cause total direct spending to exceed the spending limit specified in this Act. Exempts from such spending limits: (1) Social Security, function 650; (2) Medicare, function 570; (3) Veterans Benefits and Services, function 700; and (4) Net Interest, function 900. Makes $680.73 billion the limit on total combined outlays for all non-exempt direct spending for FY2012. (Sec. 102) Amends the CBA to prescribe requirements for implementing sequestration orders under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to enforce the discretionary and direct spending caps in this Act. Exempts from any sequestration orders: (1) payments for military personnel accounts (within subfunctional category 051), (2) TRICARE for Life, (3) Medicare (functional category 570), (4) military retirement, (5) Social Security (functional category 650), (6) veterans (functional category 700), (7) net interest (functional category 900), and (8) discretionary appropriations. Makes it out of order in both chambers to consider legislation which waives, modifies, or in any way alters a sequestration order unless the chair of the House or Senate Committee on the Budget certifies that the measure achieves the same levels of reductions in new budget authority and outlays for the applicable year in such order. Title II: Cap - (Sec. 201) Amends the CBA to prescribe requirements for enforcing GDP outlay limits. Requires: (1) the Office of Management and Budget (OMB) to establish in the President's budget the GDP outlay limit for the budget year, and (2) total federal outlays to include all on-budget and off-budget outlays. (Sec. 202) Amends the CBA to make it out of order in both chambers to consider any legislation that would cause the most recently reported current GDP outlay limits set forth in this Act to be exceeded. Title III: Balance - (Sec. 301) Prohibits the Secretary of the Treasury from exercising additional borrowing authority until the date that the Archivist of the United States transmits to the states for their ratification H.J. Res. 1 (as reported on June 23, 2011), S.J. Res. 10 (as introduced on March 31, 2011), or H.J. Res. 56 (as introduced on April 7, 2011), a balanced budget amendment to the Constitution, or a similar amendment if it requires that total outlays not exceed total receipts, contains a spending limitation as a percentage of GDP, and requires that tax increases be approved by a two-thirds vote in both chambers. Increases the public debt from $14.294 trillion to $16.7 trillion on the date such legislation is transmitted to the states.

Congressional Research Service summary (Passed House without amendment), quoted unchanged (nonpartisan). Read the source.

What a vote does

PSI Sci description of the legislative step (not an opinion).

The strongest published arguments

Alternatives

Needs sources: no published alternatives yet (for example a different bill, a law instead of an amendment, or keeping current law). We only show items backed by a published source. Suggest one.

How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Chaffetz, Jason [R-UT-3] · 117 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Jim Jordan (R-OH), Bill Huizenga (R-MI), Marsha Blackburn (R-TN), Steve Womack (R-AR), David Schweikert (R-AZ), Tim Walberg (R-MI), Marlin A. Stutzman (R-IN), Tim Scott (R-SC), Tom McClintock (R-CA), Joe Wilson (R-SC), Paul A. Gosar (R-AZ), Daniel Webster (R-FL), Andy Harris (R-MD) and 57 more.

Recorded votes

• House roll call 605 (2011): On Motion to Recommit with Instructions, HR2560 (2011-07-19): Failed
• House roll call 606 (2011): On Passage, HR2560 (2011-07-19): Passed
• Senate vote 116 (2011): On the Motion to Table, HR2560 (2011-07-22): Motion to Table Agreed to

Sources

• Congressional Research Service summary (Passed House without amendment)
• Congress.gov
• Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-112hr2560.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/112/hr>

Record fed-us-cong112-hr2560 · catalog fed-us-congress-bills-cong112 · updated 2026-11-15 by psicol fed-bills-cong112