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United States · Bill · S

S. 1785 (101st)

Social Security Trust Fund Savings Act

referredUnited States· United States Congress· EN

Introduced

24 October 1989

Last action

Status

Read twice and referred jointly to the Committees on Budget; Governmental Affairs pursuant to the order of August 4, 1977, with instructions that if one committee reports, the other committee have thirty days of continuous session to report or be discharged.

Sponsors

Subjects

Discovery layer

Source updated

26 August 2025

Summary

Social Security Trust Fund Savings 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 1992. Establishes allowable maximum deficits for FY 1993 and 1995, to reach zero with respect to FY 1996. Amends the Social Security Act to make it out of order in the Congress to consider legislation that would increase outlays for old-age, survivors and disability insurance benefits that would not be offset or financed by an increase in revenues or savings to the social security trust funds.

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Documents

2 official files

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Sources

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