H.R. 6996: Fiscal Responsibility and Long-Term Economic Security Act

116th Congress · introduced 2020-05-22 · Congress · Latest: Referred to the Committee on Rules, and in addition to the Committee on the Budget, 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.

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Follow this bill, step by step

Where it came from: introduced 2020-05-22 · official record
Who proposed it: Rep. Rouda, Harley [D-CA-48] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the Committee on Rules, and in addition to the Committee on the Budget, 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. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Fiscal Responsibility and Long-Term Economic Security Act

Plain summary

Fiscal Responsibility and Long-Term Economic Security Act This bill establishes within the legislative branch the Joint Select Committee on Fiscal Responsibility and Long-Term Economic Security. The committee must (1) review the fiscal imbalance of the government, (2) identify factors affecting that imbalance, (3) analyze potential courses of action, and (4) submit a report containing recommendations and proposed legislative language to carry out the recommendations. The required report must be approved by at least 10 of the committee's 16 members, including at least 5 members from the political party of the Speaker of the House and 5 members of the opposing political party. The bill also establishes procedures for expedited consideration of the proposed legislative language that the committee must submit as part of its report and recommendations.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

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

What does this mean? (plain words)

Official text

Fiscal Responsibility and Long-Term Economic Security Act

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

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

Officials and money

Sponsor: Rep. Rouda, Harley [D-CA-48] · 0 cosponsors

Cost estimate: No cost estimate published yet.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Securities: Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-116hr6996.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/116/hr>

Record fed-us-cong116-hr6996 · catalog fed-us-congress-bills-cong116 · updated 2026-11-15 by psicol fed-bills-cong116