Senator Johnny Isakson (R-Georgia) has proposed a bipartisan bill to combat the federal government’s fiscal problems. This bill, titled Biennial Budgeting and Appropriations Act aims to achieve this end by converting Congress’ annual appropriations process to a two-year budget cycle.
Isakson will make this legislation his first bill in the new Congress. Senator Isakson is quoted in a newser sent out by his office earlier this week:
“I’m proud to join Sen. Shaheen in reintroducing this bipartisan, commonsense legislation that would change the paradigm of Washington’s broken budget system. With our national debt surpassing $18 trillion and growing, it is imperative that we rethink the way that we do things in Congress. I have pushed biennial budgeting every year I’ve been in the Senate since 2005 because this new system would increase oversight and reduce spending, making our federal government more efficient and more accountable to taxpayers.”
This bill would require the president to submit a two-year budget at the beginning of the first session of a Congress. Members of Congress would then need to adopt a two-year budget resolution and two-year appropriations bills during that first session. The second session of a Congress would in turn be dedicated to the consideration of authorization bills and oversight of federal programs.
Isakson will be partnering with Senator Jeanne Shaheen (D-New Hampshire), who will be leading the charge on this legislation on behalf of various Senate Democrats. This sponsor list of this legislation is comprised of 21 other Senators namely, Sens. Kelly Ayotte, R-N.H., Lamar Alexander, R-Tenn., John Barrasso, R-Wyo., Susan Collins, R-Maine, Mike Crapo, R-Idaho, Mike Enzi, R-Wyo., Deb Fischer, R-Neb., Chuck Grassley, R-Iowa, Martin Heinrich, D-N.M., Ron Johnson, R-Wis., Tim Kaine, D-Va., Angus King, I-Maine, Amy Klobuchar, D-Minn., James Lankford, R-Okla., Joe Manchin, D-W.V., John McCain, R-Ariz., Lisa Murkowski, R-Alaska, David Perdue, R-Ga., Rob Portman, R-Ohio, David Vitter, R-La., and Mark Warner, D-Va.
You can watch Senator Isakson and Senator Shaheen discuss this legislation on the Senate floor in this video: