Setting forth the congressional budget for the United States Government for the fiscal years 1990, 1991, and 1992.

Summary

Sets forth the concurrent resolution on the budget for FY 1990 and the appropriate budgetary levels for FY 1991 and 1992. Sets forth levels and amounts of Federal revenues, new budget authority, budget outlays, and deficits for FY 1990 through 1992 for purposes of determining whether the maximum deficit amounts set forth in the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) have been exceeded. Recommends levels of Federal revenues of $776,325,000,000 for FY 1990, $831,775,000,000 for FY 1991, and $884,350,000,000 for FY 1992. Sets the amount by which the aggregate levels of Federal revenues should be increased at $5,800,000,000 for FY 1990, $6,200,000,000 for FY 1991, and $6,300,000,000 for FY 1992. Designates the following amounts of Federal revenues for Federal Insurance Contributions Act revenues for hospital insurance: (1) $69,925,000,000 for FY 1990; (2) $75,200,000,000 for FY 1991; and (3) $79,900,000,000 for FY 1992. Sets the appropriate levels of total new budget authority at $1,061,175,000,000 for FY 1990, $1,157,800,000,000 for FY 1991, and $1,214,050,000,000 for FY 1992. States that the appropriate levels of total budget outlays are $945,175,000,000 for FY 1990, $1,001,075,000,000 for FY 1991, and $1,040,400,000,000 for FY 1992. Sets deficit amounts at $168,850,000,000 for FY 1990, $169,300,000,000 for FY 1991, and $156,050,000,000 for FY 1992. Sets the appropriate level of the public debt at $3,122,800,000,000 for FY 1990, $3,374,100,000,000 for FY 1991, and $3,599,700,000,000 for FY 1992. Sets forth the appropriate levels of total Federal credit activity as follows: (1) $19,025,000,000 for new direct loan obligations and $107,325,000,000 for new primary loan guarantee commitments, for FY 1990; (2) $19,425,000,000 for new direct loan obligations and $114,875,000,000 for new primary loan guarantee commitments for FY 1991; and (3) $19,150,000,000 for new direct loan obligations and $119,700,000,000 for new primary loan guarantee commitments for FY 1992. Sets forth the levels of budget authority, budget outlays, new direct loan obligations, and new primary loan guarantee commitments for each major functional category for FY 1990 through 1992. Expresses the intent of the House Committee on the Budget that: (1) the Congress shall present the revenue and the spending reduction provisions of the reconciliation bill to the President concurrently; and (2) specific measures governing the governmental receipts figure will be determined through the regular processes, with any revenue legislation reconciled in accordance with agreement between the executive branch and the House Ways and Means Committee to be advanced legislatively when supported by the President. Requires the following House and Senate Committees to report to the Committees on the Budget of their respective Houses by June 30, 1989, changes in laws within their respective jurisdictions that are sufficient to increase contributions and reduce budget authority and outlays by specified amounts in FY 1990 through 1992: (1) House Committee on Agriculture; (2) House Committee on Banking, Finance, and Urban Affairs; (3) House Committee on Energy and Commerce; (4) House Committee on Interior and Insular Affairs; (5) House Committee on Merchant Marine and Fisheries; (6) House Committee on Post Office and Civil Service; (7) House Committee on Veterans' Affairs; (8) House Committee on Ways and Means (this committee must also report information concerning deficit reduction); (9) Senate Committee on Agriculture; (10) Senate Committee on Banking, Housing, and Urban Affairs; (11) Senate Committee on Commerce, Science, and Transportation; (12) Senate Committee on Environment and Public Works; (13) Senate Committee on Energy and Natural Resources; (14) Senate Committee on Governmental Affairs; (15) Senate Committee on Veterans' Affairs; and (16) Senate Committee on Finance (this committee must also report information concerning deficit reduction).

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 2 May 1989

   Reported

   Rules Committee Resolution H. Res. 145 Reported to House. Rule provides for consideration of H. Con. Res. 106 with 5 hours of general debate. Previous question shall be considered as ordered without intervening motions. Two hours of general debate shall be confined to the subject of economic goals and policies. It shall be in order to consider an amendment if offered by the Committee on the Budget, debatable for not more than thirty minutes and not subject to amendment. No further amendments shall be in order except the amendments printed in the report accompanying this resolution. Said amendments shall not be subject to amendment and shall be in order even if a previous amendment in the nature of a substitute has been adopted. Measure will be read by section. Specified amendments are in order. All points of order against said amendments shall be waived. If more than one of the amendments in the nature of a substitute is adopted, ...

   Source: Floor

2. 2 May 1989

   Calendars

   Placed on the Union Calendar, Calendar No. 28.

   Source: Calendars

3. 2 May 1989

   Reported

   The House Committee on The Budget reported an original measure, H. Rept. 101-42, by Mr. Panetta.

   Source: Committee

4. 2 May 1989

   Reported

   The House Committee on The Budget reported an original measure, H. Rept. 101-42, by Mr. Panetta.

   Source: Committee

5. 2 May 1989

   Introduced

   Introduced in House

   Source: IntroReferral

6. 3 May 1989

   Floor

   Committee of the Whole House on the state of the Union rises leaving H. Con. Res. 106 as unfinished business.

   Source: Floor

7. 3 May 1989

   Floor

   The Speaker designated the Honorable William H. Gray to act as Chairman of the Committee.

   Source: Floor

8. 3 May 1989

   Floor

   House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 145 and Rule XXIII.

   Source: Floor

9. 3 May 1989

   Floor

   Rule provides for consideration of H. Con. Res. 106 with 5 hours of general debate. Previous question shall be considered as ordered without intervening motions. Two hours of general debate shall be confined to the subject of economic goals and policies. It shall be in order to consider an amendment if offered by the Committee on the Budget, debatable for not more than thirty minutes and not subject to amendment. No further amendments shall be in order except the amendments printed in the report accompanying this resolution. Said amendments shall not be subject to amendment and shall be in order even if a previous amendment in the nature of a substitute has been adopted. Measure will be read by section. Specified amendments are in order. All points of order against said amendments shall be waived. If more than one of the amendments in the nature of a substitute is adopted, ...

   Source: Floor

10. 3 May 1989

    Floor

    Considered under the provisions of rule H. Res. 145.

    Source: Floor

11. 3 May 1989

    Passed

    Rule H. Res. 145 passed House.

    Source: Floor

12. 4 May 1989

    Floor

    Considered as unfinished business.

    Source: Floor

13. 4 May 1989

    Floor

    The previous question was ordered pursuant to the rule.

    Source: Floor

14. 4 May 1989

    Floor

    The House rose from the Committee of the Whole House on the state of the Union to report H. Con. Res. 106.

    Source: Floor

15. 4 May 1989

    ResolvingDifferences

    Senate insists on its amendments, asks for a conference, appoints conferees Sasser; Riegle; Lautenberg; Simon; Sanford; Wirth; Domenici; Grassley; Kasten; Gramm.

    Source: ResolvingDifferences

16. 4 May 1989

    Floor

    Measure laid before Senate by unanimous consent.

    Source: Floor

17. 4 May 1989

    Vote

    Passed/agreed to in Senate: Resolution agreed to in Senate in lieu of S.CON.RES. 30 with an amendment by Yea-Nay Vote. 68-31. Record Vote No: 64.

    Source: Floor

18. 4 May 1989

    Introduced

    Received in the Senate.

    Source: IntroReferral

19. 4 May 1989

    Vote

    On agreeing to the resolution Agreed to by the Yeas and Nays: 263 - 157 (Roll No. 43).

    Source: Floor

20. 4 May 1989

    Vote

    Passed/agreed to in House: On agreeing to the resolution Agreed to by the Yeas and Nays: 263 - 157 (Roll No. 43).

    Source: Floor

21. 4 May 1989

    Passed

    The House adopted the amendment as agreed to by the Committee of the Whole House on the state of the Union.

    Source: Floor

22. 4 May 1989

    Floor

    DEBATE - Pursuant to H.Res. 145, the Committee of the Whole proceeded with thirty minutes of debate on the Panetta amendment.

    Source: Floor

23. 4 May 1989

    Floor

    The House resolved into Committee of the Whole House on the state of the Union for further consideration.

    Source: Floor

24. 9 May 1989

    ResolvingDifferences

    Senate appointed conferee Armstrong in lieu of Kasten by unanimous consent.

    Source: ResolvingDifferences

25. 9 May 1989

    Floor

    Message on Senate action sent to the House.

    Source: Floor

26. 9 May 1989

    ResolvingDifferences

    The chair appointed conferees: Panetta, Foley, Russo, Jenkins, Leath (TX), Schumer, Boxer, Slattery, Oberstar, Frenzel, Gradison, Goodling, Thomas (CA), Buechner, and Houghton.

    Source: ResolvingDifferences

27. 9 May 1989

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

28. 9 May 1989

    ResolvingDifferences

    The previous question was ordered without objection.

    Source: ResolvingDifferences

29. 9 May 1989

    Floor

    DEBATE - The House proceeded with one hour of debate on the motion to instruct conferees.

    Source: Floor

30. 9 May 1989

    ResolvingDifferences

    Mr. Frenzel moved that the House instruct conferees.

    Source: ResolvingDifferences

31. 9 May 1989

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: ResolvingDifferences

32. 9 May 1989

    Passed

    On motion that the House disagree to the Senate amendment, and agree to a conference Agreed to without objection.

    Source: ResolvingDifferences

33. 9 May 1989

    ResolvingDifferences

    Mr. Panetta asked unanimous consent that the House disagree to the Senate amendment, and agree to a conference.

    Source: ResolvingDifferences

34. 10 May 1989

    ResolvingDifferences

    Conference held.

    Source: ResolvingDifferences

35. 10 May 1989

    ResolvingDifferences

    Conference committee actions: Conference held.

    Source: ResolvingDifferences

36. 10 May 1989

    Floor

    Message on Senate action sent to the House.

    Source: Floor

37. 11 May 1989

    Passed

    Conferees agreed to file conference report.

    Source: ResolvingDifferences

38. 11 May 1989

    Passed

    Conference committee actions: Conferees agreed to file conference report.

    Source: ResolvingDifferences

39. 15 May 1989

    ResolvingDifferences

    Conference report H. Rept. 101-50 filed. Filed late, pursuant to previous special order.

    Source: ResolvingDifferences

40. 15 May 1989

    ResolvingDifferences

    Conference report filed: Conference report H. Rept. 101-50 filed. Filed late, pursuant to previous special order.

    Source: ResolvingDifferences

41. 15 May 1989

    Passed

    Mr. Foley asked unanimous consent that managers on the part of the House have until 5:00 p.m. on May 15 to file a conference report on H. Con. Res. 106. Agreed to without objection.

    Source: Committee

42. 16 May 1989

    ResolvingDifferences

    Conference papers: Senate report and managers' statement held at the desk in Senate.

    Source: ResolvingDifferences

43. 17 May 1989

    ResolvingDifferences

    Conference papers: message on House action held at the desk in Senate.

    Source: ResolvingDifferences

44. 17 May 1989

    Vote

    On agreeing to the conference report Agreed to by the Yeas and Nays: 241 - 185 (Roll no. 57).

    Source: ResolvingDifferences

45. 17 May 1989

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: ResolvingDifferences

46. 17 May 1989

    Vote

    Conference report agreed to in House: On agreeing to the conference report Agreed to by the Yeas and Nays: 241 - 185 (Roll no. 57).

    Source: ResolvingDifferences

47. 17 May 1989

    ResolvingDifferences

    The previous question was ordered without objection.

    Source: ResolvingDifferences

48. 17 May 1989

    Floor

    DEBATE - Pursuant to the terms of the unanimous consent request providing for the consideration of the conference report, the House proceeded with ninety minutes of debate on the measure.

    Source: Floor

49. 17 May 1989

    Passed

    Mr. Panetta brought up conference report H.Rept. 101-50 by previously agreed to special order.

    Source: ResolvingDifferences

50. 18 May 1989

    ResolvingDifferences

    Conference report considered in Senate.

    Source: ResolvingDifferences

51. 18 May 1989

    Vote

    Conference report agreed to in Senate: Senate agreed to conference report by Yea-Nay Vote. 63-37. Record Vote No: 69.

    Source: ResolvingDifferences

52. 22 May 1989

    Floor

    Message on Senate action sent to the House.

    Source: Floor

Votes

Versions

• Engrossed Amendment Senate · — · Download file
• Engrossed in House · — · Download file
• Enrolled Bill · — · Download file
• Received in Senate · — · Download file
• Reported in House · — · Download file

Documents

9 official files

• Reported in House (text)

  Reported in House · EN

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• Received in Senate (text)

  Received in Senate · EN

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• Engrossed in House (text)

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• Engrossed Amendment Senate (text)

  Engrossed Amendment Senate · EN

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• Conference report filed in House

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• Passed House amended

  summary · EN · 4 May 1989

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• Passed Senate amended

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• Introduced in House

  summary · EN · 2 May 1989

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Sponsors

• Rep. Panetta, Leon [D-CA-16] · D · Sponsor
• · hsbu00 · Standing

Related records

• related to ← Providing for the consideration of the concurrent resolution (H. Con. Res. 106) setting forth the congressional budget for the United States Government for the fiscal years 1990, 1991, and 1992.
• related to ← Increasing the statutory limit on the public debt.
• related to ← An original concurrent resolution setting forth the congressional budget for the United States Government for the fiscal years 1990, 1991, and 1992.
• amends ← A substitute amendment which would reduce budget authority for FY 1990 defense spending by $35.4 billion and raise $20.1 billion in additional revenue through various tax measures targeted at corporations and individuals in upper income tax brackets. The amendment calls for $13.5 billion in additional funding for domestic discretionary programs, including $2.5 billion for child care. The amendment also projects a deficit $7.3 billion lower than that projected in the resolution.
• amends ← An amendment to increase budget authority and outlays by $225 million and $175 million respectively for veteran's medical programs. The amendment calls for the increase to be offset by an across-the-board cut in all other categories of domestic discretionary funding by 0.16%.
• amends ← A substitute amendment calling for an additional $9 billion in revenue by imposing an oil import fee, the additional revenue to be used for $5.8 billion in increased domestic spending and $3.2 billion for additional deficit reduction. The amendment would eliminate the provisions of the resolution which cut Medicare.
• amends ← A substitute amendment requiring an additional $8.6 billion in deficit reductions beyond those called for in the committee resolution. Such additional reductions would be accomplished by freezing all discretionary spending at the FY 1989, cuts in Medicare and the elimination of Amtrak subsidies.
• amends ← An amendment in the nature of a substitute to reduce the deficit by $62 billion through refinancing the Federal debt by issuing 40-year, gold-back bonds; declaring a one-time tax amnesty; and, the improved economic conditions assumed to result from these policies. The amendment does not call for cuts in defense or domestic funding.