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United States · Bill · S

S. 537 (101st)

A bill to require that any calculation of the Federal deficit made as a part of the Federal budget process include a calculation of the Federal deficit minus the Social Security reserves.

referredUnited States· United States Congress· EN

Introduced

8 March 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 has thirty days of continuous session to report or be discharged.

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Requires Federal deficit determinations for purposes of the Balanced Budget and Emergency Control Act of 1985 (Gramm-Rudman-Hollings Act) to include and give equal importance to a deficit calculation that does not include Federal Old-Age and Survivors Insurance Trust Fund and Federal Disability Insurance Trust Fund receipts and outlays.

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Votes

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Versions

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Documents

2 official files

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Sources

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