Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ChicagoConservative27

“Limit, Save, Grow Act of 2023

“This bill increases the federal debt limit and decreases spending. It also repeals several energy tax credits, modifies the permitting process and other requirements for energy projects, expands work requirements for the Supplemental Nutrition Assistance Program (SNAP) and other programs, and nullifies regulations for the cancellation of federal student loan debt.

“Summary: H.R.2811 — 118th Congress (2023-2024)

“Specifically, the bill

“suspends the debt limit through March 31, 2024, or until the debt increases by $1.5 trillion, whichever occurs first;
establishes discretionary spending limits for FY2024-FY2033 that include decreases in discretionary spending;
rescinds certain unobligated funds that were provided to address COVID-19 and to the Internal Revenue Service;
nullifies certain executive actions and regulations for cancelling federal student loan debt and implementing an income-driven repayment plan for student loans;
repeals or modifies tax credits for renewable and clean energy, energy efficient property, alternative fuels, and electric vehicles;
establishes new work requirements for Medicaid and expands the work requirements for SNAP and the Temporary Assistance for Needy Families (TANF) program; and
requires major federal rules (e.g., rules likely to result in an annual economic effect of at least $100 million) to be approved by Congress before they take effect.
The bill also includes various provisions related to the development of energy resources such as oil, natural gas, and minerals. For example, the bill requires additional federal oil and gas leasing, reduces or eliminates certain royalties and fees, and expedites the permitting process for various energy projects.”

https://www.congress.gov/bill/118th-congress/house-bill/2811

I believe the text is available via the link.


7 posted on 05/01/2023 9:18:34 AM PDT by Brian Griffin
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Brian Griffin

It’s complete BS


20 posted on 05/01/2023 10:11:51 AM PDT by ConservativeInPA ("How did you go bankrupt?" Bill asked. "Two ways," Mike said. "Gradually and then suddenly." )
[ Post Reply | Private Reply | To 7 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson