United States · Bill · HR
H.R. 5341 (100th)
Honest and Balanced Budget Act
Introduced
22 September 1988
Last action
—
Status
Referred to Subcommittee on Legislation and National Security.
Sponsors
—
Subjects
Discovery layer
Source updated
28 August 2025
Summary
Honest and Balanced Budget Act - Amends the Congressional Budget and Impoundment Control Act of 1974 to exclude, beginning with FY 1990, Federal Old-Age and Survivors Insurance Trust Fund and Federal Disability Insurance Trust Fund receipts and outlays from Federal deficit determinations for purposes of the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act). Increases the permissible maximum deficit amounts for FY 1990 through 1993. Establishes allowable maximum deficits for FY 1994 and 1995, to reach zero with respect to FY 1996.
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 22 September 1988
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/100th-congress/house-bill/5341
- Open data entity: https://api.congress.gov/v3/bill/100/hr/5341