What the bill does
Limit, Save, Grow Act of 2023 This bill increases the federal debt limit and decreases spending. It also repeals several energy tax credits, modifies the permitting process and other requirements for energy projects, expands work requirements for the Supplemental Nutrition Assistance Program (SNAP) and other programs, and nullifies regulations for the cancellation of federal student loan debt. DIVISION A–LIMIT FEDERAL SPENDING TITLE I–DISCRETIONARY SPENDING LIMITS FOR DISCRETIONARY CATEGORY (Sec. 101) This section establishes discretionary spending limits for FY2024-FY2033 that include decreases in discretionary spending. In addition, the section extends and establishes new limits for several adjustments to discretionary spending limits that are permitted under current law to accommodate additional appropriations for certain activities. These adjustments apply to spending for continuing disability reviews and redeterminations, health care fraud and abuse control, reemployment services and eligibility assessments, and wildfire suppression. The section also extends the adjustment to discretionary spending limits for disaster relief funding. (Under current law, this adjustment is limited based on a statutory formula.) DIVISION B–SAVE TAXPAYER DOLLARS TITLE I–RESCISSION OF UNOBLIGATED FUNDS (Sec. 201) This section rescinds unobligated funds that were provided by specified acts to address the impact of COVID-19. Specifically, the section rescinds funds that were provided by the American Rescue Plan Act of 2021; the Coronavirus Preparedness and Response Supplemental…
Subjects: Administrative law and regulatory procedures, Advanced technology and technological innovations, Advisory bodies, Air quality, Alaska, Alternative and renewable resources, Appropriations, Asia, Budget deficits and national debt, Building construction