Pass a Budget Now Act - Amends the Legislative Reorganization Act of 1946 to reduce the rate of pay for a Member of Congress for failure to agree to a concurrent resolution on the budget.
Reduces the rate of pay during each pay period of any year, if there is no agreement by April 15 on a budget resolution for the following fiscal year, by an amount equal to the product of the average daily rate of pay involved and the number of days during the pay period which occur after April 15 and before Congress does reach agreement on a budget resolution.
Requires all unpaid compensation to be used for deficit reduction.