FedUpUSA

Paul Ryan (R-Wisconsin) Is A Lying Sack Of Crap

This is a short enough bill (H.R. 4966) to print in full:

H.R.4966 — Sequester Replacement Act of 2012 (Introduced in House – IH)

HR 4966 IH

112th CONGRESS

2d Session

H. R. 4966

To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to replace the sequester established by the Budget Control Act of 2011.

IN THE HOUSE OF REPRESENTATIVES

April 27, 2012

Mr. RYAN of Wisconsin introduced the following bill; which was referred to the Committee on the Budget, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned

A BILL

To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to replace the sequester established by the Budget Control Act of 2011.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,SECTION 1. SHORT TITLE.

This Act may be cited as the ‘Sequester Replacement Act of 2012’.

SEC. 2. CONTINGENT EFFECTIVE DATE.

This Act and the amendments made by it shall take effect upon the enactment of the Act provided for in section 201 of H. Con. Res. 112 (112th Congress) and this Act and the amendments made by it shall have no force or effect if such Act provided for in such section is not enacted.

SEC. 3. PROTECTING VETERANS PROGRAMS FROM SEQUESTER.

Section 256(e)(2)(E) of the Balanced Budget and Emergency Deficit Control Act of 1985 is repealed.

SEC. 4. ACHIEVING $19 BILLION IN DISCRETIONARY SAVINGS.

(a) Revised 2013 Discretionary Spending Limit- Paragraph (2) of section 251(c) of the Balanced Budget and Emergency Deficit Control Act of 1985 is amended to read as follows:

‘(2) with respect to fiscal year 2013, for the discretionary category, $1,047,000,000,000 in new budget authority;’.

(b) Discretionary Savings- Section 251A(7)(A) of the Balanced Budget and Emergency Deficit Control Act of 1985 is amended to read as follows:

‘(A) FISCAL YEAR 2013-

‘(i) FISCAL YEAR 2013 ADJUSTMENT- On January 2, 2013, the discretionary category set forth in section 251(c)(2)(A) shall be decreased by $19,104,000,000 in budget authority.

‘(ii) SUPPLEMENTAL SEQUESTRATION ORDER- On January 15, 2013, OMB shall issue a supplemental sequestration report for fiscal year 2013 and take the form of a final sequestration report as set forth in section 254(f)(2) and using the procedures set forth in section 253(f), to eliminate any discretionary spending breach of the spending limit set forth in section 251(c)(2)(A) as adjusted by clause (i), and the President shall order a sequestration, if any, as required by such report.’.

SEC. 5. CONFORMING AMENDMENTS TO SECTION 314 OF THE CONGRESSIONAL BUDGET AND IMPOUNDMENT CONTROL ACT OF 1974.

Section 314(a) of the Congressional Budget Act of 1974 is amended to read as follows:

‘(a) Adjustments-

‘(1) IN GENERAL- The chair of the Committee on the Budget of the House of Representatives or the Senate may make adjustments as set forth in paragraph (2) for a bill or joint resolution, amendment thereto or conference report thereon, by the amount of new budget authority and outlays flowing therefrom in the same amount as required by section 251(b) of the Balanced Budget and Emergency Deficit Control Act of 1985.

‘(2) MATTERS TO BE ADJUSTED- The chair of the Committee on the Budget of the House of Representatives or the Senate may make the adjustments referred to in paragraph (1) to–

‘(A) the allocations made pursuant to the appropriate concurrent resolution on the budget pursuant to section 302(a);

‘(B) the budgetary aggregates as set forth in the appropriate concurrent resolution on the budget; and

‘(C) the discretionary spending limits, if any, set forth in the appropriate concurrent resolution on the budget.’.

SEC. 6. TREATMENT FOR PAYGO PURPOSES.

The budgetary effects of this Act and any amendment made by it, and the budgetary effects of the Act provided for by section 201 of H. Con. Res. 112 (112th Congress), shall not be entered on either PAYGO scorecard maintained pursuant to section 4(d) of the Statutory Pay-As-You-Go Act of 2010.

SEC. 7. ELIMINATION OF THE FISCAL YEAR 2013 SEQUESTRATION FOR DEFENSE DIRECT SPENDING.

Any sequestration order issued by the President under the Balanced Budget and Emergency Deficit Control Act of 1985 to carry out reductions to direct spending for the defense function (050) for fiscal year 2013 pursuant to section 251A of such Act shall have no force or effect.

Mr. Ryan, you are a festering pustule on the ass of Congress that your constituents would do well to banish to the dustbin of history.

You repeatedly claim to propose a so-called “budget” that “controls” spending, you take part in amandatory sequester that is intended to force Congress to deal with runaway deficit spending, you go on CNBC and everywhere else and pretend to be fiscally responsible and then you introduce this legislation, which effectively repeals the very law you trumpeted as necessary, proper and good, and should this pass you will blow a $500 billion deficit hole next year in the budget with this one-page piece of legislation.

To S&P, Moody’s and Fitch: If you do not downgrade the US Credit Rating now, citing this as the direct cause as the US Congress has demonstrated that they are intentionally dishonest and have absolutely no intention to ever get control of our out-of-control spending then you are utterly worthless.

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