We have received text from H.R. 4178: Enforce the Caps Act. This bill was received on 2025-06-26, and currently has 3 cosponsors.
Here is a short summary of the bill:
This bill, titled the "Enforce the Caps Act," aims to establish specific limits on discretionary government spending for four fiscal years: 2026 to 2029. It seeks to amend existing legislation to enforce these spending limits clearly and systematically. Here’s a breakdown of what the bill entails:
Discretionary Spending Limits
The bill specifies the following budget authority amounts for discretionary spending:
- Fiscal Year 2026: $1,621,959,000,000
- Fiscal Year 2027: $1,638,179,000,000
- Fiscal Year 2028: $1,654,560,000,000
- Fiscal Year 2029: $1,671,106,000,000
These amounts represent the maximum new budget authority allocated for discretionary programs for each specified fiscal year. Discretionary spending refers to expenditures that are not mandated by existing laws, meaning that Congress must decide to allocate funding for these programs each year.
Purpose of the Bill
The main intent of this legislation is to ensure that the federal government adheres to spending caps for discretionary programs. By setting these fiscal limits, the bill aims to potentially control or reduce the overall federal budget deficit and maintain fiscal responsibility over the specified years.
Introduction and Sponsorship
The bill was introduced in the House of Representatives by Mr. Grothman, along with several co-sponsors including Mr. Barr, Mr. Norman, and Mr. Rouzer. Following its introduction, it was referred to the Committee on the Budget for further consideration.
Implications of the Bill
By establishing these limits, the legislation may influence how federal agencies plan their budgets and prioritize funding for various discretionary programs, affecting everything from education and infrastructure to environmental projects. It represents a legislative effort to impose stricter financial discipline within the federal budget process.
Relevant Companies
None found
Representative Glenn Grothman Bill Proposals
Here are some bills which have recently been proposed by Representative Glenn Grothman:
- H.R.4178: Enforce the Caps Act
- H.R.4101: Cancer Drug Parity Act of 2025
- H.R.3967: CREATE JOBS Act
- H.R.3912: Stop the Baseline Bloat Act of 2025
- H.R.3540: Low-Income Housing Tax Credit Elimination Act
- H.R.3342: BOP Direct-Hire Authority Act
You can track bills proposed by Representative Glenn Grothman on Quiver Quantitative's politician page for Grothman.
Representative Glenn Grothman Net Worth
Quiver Quantitative estimates that Representative Glenn Grothman is worth $2.0M, as of July 9th, 2025. This is the 218th highest net worth in Congress, per our live estimates.
Grothman has approximately $8.7K invested in publicly traded assets which Quiver is able to track live.
You can track Representative Glenn Grothman's net worth on Quiver Quantitative's politician page for Grothman.
Representative Glenn Grothman Stock Trading
We have data on up to $75.0K of trades from Representative Glenn Grothman, which we parsed from STOCK Act filings.
You can track Representative Glenn Grothman's stock trading on Quiver Quantitative's politician page for Grothman.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
