The "Enforce the Caps Act" proposes to amend the Balanced Budget and Emergency Deficit Control Act of 1985, building upon previous amendments from the Fiscal Responsibility Act of 2023. Its primary purpose is to establish new, legally binding discretionary spending limits for federal agencies for an additional four fiscal years. Specifically, the bill sets caps on new budget authority for the discretionary category, starting with $1,621,959,000,000 for fiscal year 2026 and incrementally increasing to $1,671,106,000,000 by fiscal year 2029. These provisions are intended to extend fiscal discipline and control federal expenditures beyond the currently established limits.
The "Enforce the Caps Act" proposes to amend the Balanced Budget and Emergency Deficit Control Act of 1985, building upon previous amendments from the Fiscal Responsibility Act of 2023. Its primary purpose is to establish new, legally binding discretionary spending limits for federal agencies for an additional four fiscal years. Specifically, the bill sets caps on new budget authority for the discretionary category, starting with $1,621,959,000,000 for fiscal year 2026 and incrementally increasing to $1,671,106,000,000 by fiscal year 2029. These provisions are intended to extend fiscal discipline and control federal expenditures beyond the currently established limits.