[20190805]IN11148_2019年两党预算法案：BCA和债务限额的变更.pdf

CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i The Bipartisan Budget Act of 2019: Changes to the BCA and Debt Limit Grant A. Driessen Analyst in Public Finance Megan S. Lynch Specialist on Congress and the Legislative Process Updated August 5, 2019 The Bipartisan Budget Act of 2019 (BBA 2019; P.L. 116-37) was enacted on August 2, 2019. BBA 2019 raised the discretionary spending limits (caps) implemented by the Budget Control Act of 2011 (BCA; P.L. 112-25) for FY2020 and FY2021; made other BCA-related changes, including an extension of the mandatory sequester through FY2029; and suspended the statutory debt limit until August 1, 2021. Changes to FY2020 and FY2021 Discretionary Spending Caps The BCA created annual statutory discretionary spending caps for defense and nondefense spending that are in effect through FY2021. If appropriations are enacted that exceed a limit for a fiscal year, across-the-board reductions (i.e., sequestration) are triggered to eliminate the excess spending within that spending category. For more information on the BCA, see CRS Report R44874, The Budget Control Act: Frequently Asked Questions. Previously enacted legislation in