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02
S 2065
Down Payment to Protect National Security Act of 2011
Sponsor:
Sen Kyl, Jon [AZ]
Introduced:
2/2/2012
Cosponsors:
(10) Sen McCain, John [AZ], Sen Cornyn, John [TX], Sen Graham, Lindsey [SC], Sen Rubio, Marco [FL], Sen Ayotte, Kelly [NH], Sen Thune, John [SD] (2/2/2012), Sen Vitter, David [LA] (2/14/2012), Sen Inhofe, James M. [OK] (2/28/2012), Sen Portman, Rob [OH] (3/29/2012), Sen McConnell, Mitch [KY] (6/27/2012)
Related Bills:
HR 3662
Latest Action:
2/2/2012 Referred to Senate committee.
Status:
Read twice and referred to the Senate Committee on the Budget.
Summary:
The bill would amend the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act), as amended by the Budget Control Act of 2011, to offset mandatory sequestration in security and non-security categories in FY2013-FY2021 with revenues resulting from the reduction in the federal workforce and the pay freeze under this Act.

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