PlainBillCongress, translated.Legislation. Context. Public interest.Read twice and referred to the Committee on the Budget. (text of measure as introduced: CR S5719-5721)
Congressional Research Service
Version 00 · Introduced in Senate · Jun 12, 2006
Securing America's Future Economy Commission Act, or SAFE Commission Act - Establishes the Securing America's Future Economy (SAFE) Commission to develop legislation designed to address: (1) the unsustainable imbalance between long-term federal spending commitments and projected revenues; (2) increases in net national savings to provide for domestic investment and economic growth; and (3) revision of the budget process to place greater emphasis on long-term fiscal issues.
Requires the Commission to: (1) develop one or two methods for estimating the cost of legislation as an alternative to the current Congressional Budget Office (CBO) method; and (2) hold at least one town-hall style public hearing within each federal reserve district.
Requires the Commission to submit a legislative proposal to Congress and the President. Authorizes the President to submit to Congress an alternative proposal. Authorizes the Committee on the Budget of either Chamber to publish its own alternative proposal in the Congressional Record.
Showing the opening paragraphs of the official summary.
Sets forth procedures for consideration of such legislation.
Requires CBO to prepare a long-term cost estimate and have it published in the Congressional Record as expeditiously as possible whenever requested to do so by the Commission, the President, or the chairman of Committee on the Budget of either Chamber.
People & committees
Sen. Voinovich, George V. [R-OH] · R–OH
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Read twice and referred to the Committee on the Budget. (text of measure as introduced: CR S5719-5721)
Sponsor introductory remarks on measure. (CR S5719)
Introduced in Senate
Primary sources
Text links open the official source. We currently store references to these documents.
Source last updated: Aug 15, 2025. Consult Congress.gov for the current record.
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