To cap noninterest Federal spending as a percentage of potential GDP to right-size the Government, grow the economy, and balance the budget.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To cap noninterest Federal spending as a percentage of potential GDP to right-size the Government, grow the economy, and balance the budget., changes federal law or congressional policy affecting federal agencies and legislative administrators. The main policy domain is Government Operations, Environment, Labor.
Who Benefits and How
federal agencies and legislative administrators may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H2349A31853454D47BE661BACBAEE79B0: 1. Short title This title may be cited as the Maximizing America’s Prosperity Act of 2023.
- Section H6DF549B70D7B4263B9ED5BE3F235B1B5: 2. Total spending limits Section 251 of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 901) is amended to read as follows: 251.Total...
- Section H572ED7F70ADA49CF87DBF5B922F61874: 251. Total spending limits OMB shall prepare a report comparing projected total spending under section 257 and the total spending limits in subsection (c), and...
- Section H77ED3FFFD3C043E4AC1F89D34F34BEEC: 3. Allocation for emergencies Section 302(a) of the Congressional Budget Act of 1974 (2 U.S.C. 633(a)) is amended by adding at the end the following:...
- Section H63DC9BADE60E44BA9362A523C2900118: 4. President’s budget submissions to Congress Section 1105 of title 31, United States Code, is amended by adding at the end the following: (j) (1)The budget...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To cap noninterest Federal spending as a percentage of potential GDP to right-size the Government, grow the economy, and balance the budget., changes federal law or congressional policy affecting federal agencies and legislative administrators.
Key Policy Areas
Government Operations, Environment, Labor
Primary Purpose
This bill, To cap noninterest Federal spending as a percentage of potential GDP to right-size the Government, grow the economy, and balance the budget., changes federal law or congressional policy affecting federal agencies and legislative administrators.
Policy Domains
Whole bill
Identified Gains
- federal agencies and legislative administrators
Identified Costs
- federal implementing agencies
Sponsors
Legislative Progress
IntroducedMr. Braun introduced the following bill; which was read twice …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology