RepublicanBill · H.R. 10078· House(119-HR-10078)

Dollar-for-Dollar Deficit Reduction Act

Rep. Steube
Age: 48 years
Florida
Introduced
8/10/2026
Last activity
8/10/2026 — Referred to the Committee on Ways and Means, and in addition to the Committees on Rules, and the Budget, 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.
Sponsored by
W. Steube
Cosponsors
None
Economics and Public Finance
  1. Introduced
  2. In Committee

What this bill would do

The "Dollar-for-Dollar Deficit Reduction Act" requires that any increase or suspension of the debt limit be accompanied by spending cuts. If the debt limit is near breach, the Secretary of the Treasury must issue a warning to specific congressional committees regarding when extraordinary measures may be needed. Any Presidential request to increase the debt limit must include proposed legislation to reduce spending over 10 years by an amount equal to or greater than the increase. The bill establishes points of order in both the House and Senate to prevent voting on debt limit changes without these corresponding net spending reductions. These reductions must be calculated against a specific budget baseline and cannot rely on net interest savings. Finally, the bill provides for a three-fifths supermajority waiver in the Senate to bypass these requirements.

Yes· 3 of 5

  • Does this reduce what the federal government spends?+7

    The bill requires mandatory spending cuts to accompany any debt limit increases or suspensions.

  • Does this make the government pay for what it commits to?+6

    The bill ties debt increases directly to spending cuts to enforce stricter fiscal control.

  • Does this reduce what the federal government owes?+5

    The bill mandates spending reductions equal to any increase in the debt limit, which aims to lower the national debt over time.

The opposite· 3 of 13

  • Does this put more money into Medicare, the health coverage for people over 65?-5

    Mandatory spending cuts could potentially impact Medicare funding levels.

  • Does this put more money into Medicaid, the health coverage for people on low incomes?-5

    Mandatory spending cuts could potentially impact Medicaid funding levels.

  • Does this reduce what is spent on the military?-5

    Mandatory spending cuts may impact defense budget allocations.