HR 1044 · 101th Congress · Economics and Public Finance

To amend the Congressional Budget and Impoundment Control Act of 1974 to exclude the operations of the social security trust funds in determining the Federal deficit and maximum deficit amounts under the Balanced Budget and Emergency Deficit Control Act of 1985.

Introduced 1989-02-22· Sponsored by Rep. Bates, Jim [D-CA-44]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Legislation and National Security.(1989-02-28)

Plain Language Summary

[AI summary unavailable — showing source text] 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 in Federal deficit determinations for purposes of the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act).…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

18 Democrats2 Republicans