PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the House Committee on Rules.
Congressional Research Service
Version 00 · Introduced in House · Apr 16, 2021
National Committee on Fiscal Responsibility and Reform Act of 2021
This bill establishes the National Committee on Fiscal Responsibility and Reform to make recommendations to reduce the budget deficit by at least $3.25 trillion over FY2021-FY2031.
The committee must be established as a joint select committee of Congress and consist of 12 Members of Congress appointed by specified members of the congressional leadership.
The specific functions of the committee are to
investigate policies to improve the fiscal situation in the medium term;
achieve fiscal sustainability over the long run;
propose legislation designed to balance the budget, excluding interest payments on the debt, by 2031; and
issue a final report to Congress.
Congress must use specified expedited legislative procedures to consider legislation that is approved by at least eight members of the committee.
People & committees
Rep. Kinzinger, Adam [R-IL-16] · R–IL
Legislative record
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Referred to the House Committee on Rules.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.
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Analyze H.J.Res.41 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.
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