S. 4020: Fight Inflation Through Balanced Budgets Act

117th Congress · introduced 2022-04-06 · Economics and Public Finance · Latest: Read twice and referred to the Committee on the Budget.

federal

Follow this bill, step by step

Where it came from: introduced 2022-04-06 · official record
Who proposed it: Sen. Braun, Mike [R-IN] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Read twice and referred to the Committee on the Budget. 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

Fight Inflation Through Balanced Budgets Act

Plain summary

Fight Inflation Through Balanced Budgets Act This bill establishes points of order that may be raised in the Senate against (1) budget resolutions that do not include a balanced budget; and (2) provisions that would cause the total amount of appropriations for a program, project, or activity to exceed the authorized amount. The bill also limits waivers of budget points of order in the Senate, including by prohibiting (1) waiving multiple points of order against a measure using a single motion, and (2) waiving a point of order that has not been specifically raised by a Senator.

Congressional Research Service summary (Introduced in Senate), 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

Fight Inflation Through Balanced Budgets Act

Source: Congressional Research Service summary (Introduced in Senate)

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The strongest published arguments

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Alternatives

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

Officials and money

Sponsor: Sen. Braun, Mike [R-IN] · 2 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Rick Scott (R-FL), Ted Cruz (R-TX)

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 (4)

Appropriation: Money a legislature sets aside by law for a specific purpose. Government agencies may spend public money only as it has been appropriated.
Authorization: A law that creates or continues a government program and says what it may do, often with a suggested spending ceiling. An authorization alone does not provide money; a separate appropriation does.
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).
Resolution: A formal statement or decision by a legislative body. Simple resolutions often only express an opinion or set rules for one chamber; they do not become law.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in Senate)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-117s4020.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/117/s>

Record fed-us-cong117-s4020 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117