Federal Budget Structure Act of 1989

Summary

Federal Budget Structure Act of 1989 - Amends Federal law to require that the budget the President submits to the Congress be a unified budget comprising an operating budget and a capital budget, each presented separately for total funds, Federal funds, and trust funds. Restricts the capital budget to the major activities, projects, and programs supporting the acquisition, construction, alteration, and rehabilitation of capital assets. Includes all other items in the operating budget. Directs the Comptroller General to review and report to the Congress, as necessary, on the implementation of this Act. Directs the Budget Committee to submit to the Senate proposed legislation which establishes additional deficit targets under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) which would require the eventual elimination of deficits in general funds and enterprise funds.

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Documents

2 official files

• Introduced in Senate (text)

  Introduced in Senate · EN

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 4 August 1989

  Open at official source

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