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The Budget Control Act of 2011 (Pub. L. 112–25 (text), S. 365, 125 Stat. 240, enacted August 2, 2011) is a federal statute enacted by the 112th United States Congress and signed into law by US President Barack Obama on August 2, 2011.
This is an accepted version of this page This is the latest accepted revision, reviewed on 17 November 2024. 2013 tax increase and spending decrease This article is part of a series on the Budget and debt in the United States of America Major dimensions Economy Expenditures Federal budget Financial position Military budget Public debt Taxation Unemployment Gov't spending Programs Medicare ...
The Joint Select Committee on Deficit Reduction, [1] colloquially referred to as the Supercommittee, was a joint select committee of the United States Congress, created by the Budget Control Act of 2011 on August 2, 2011. This act was intended to prevent the sovereign default that could have resulted from the 2011 United States debt-ceiling crisis.
"Twisting the President's Arm: The Impoundment Control Act as a Tool for Enforcing the Principle of Appropriation Expenditure". Yale Law Journal. 100 (1): 209– 228. doi:10.2307/796769. JSTOR 796769. Pfiffner, James P (1979). The President, the Budget, and Congress: Impoundment and the 1974 Budget Act. Westview Press. ISBN 0-89158-495-1.
In 2011, ongoing political debate in the United States Congress about the appropriate level of government spending and its effect on the national debt and deficit reached a crisis centered on raising the debt ceiling, leading to the passage of the Budget Control Act of 2011.
On August 2, 2011, President Obama signed the Budget Control Act of 2011 as part of an agreement with Congress to resolve the debt-ceiling crisis.The Act provided for a Joint Select Committee on Deficit Reduction (the "super committee") to produce legislation by late November that would decrease the deficit by $1.2 trillion over ten years.
April 9, 2011: A last-minute deal between both parties averts a partial shutdown of the federal government. August 2, 2011: The 2011 debt-ceiling crisis ends with the Budget Control Act of 2011. December 18, 2011: The United States completed its withdrawal of troops from Iraq, formally ending the Iraq War. [7]
Appeal Time Clarification Act of 2011: Clarified the meaning of "the United States or an officer or agency thereof" with respect to the extended 60-day period to file appeals appeal in federal court. 112-63: December 7, 2011 Federal Courts Jurisdiction and Venue Clarification Act of 2011