Budget Simplification and Reform Act of 1989

[AI summary unavailable — showing source text] Budget Simplification and Reform Act of 1989 - Title I: Biennial Budget Cycle - Amends the Congressional Budget Act of 1974, the Congressional Budget and Impoundment Control Act of 1974, the Rules of the House of Representatives and other Federal law to revise the Federal budget process by establishing a two-year timetable. Title II: Restricted Uses of Continuing Resolutions - Amends rule XXI of the Rules of the House of Representatives to prohibit the consideration of any joint resolution continuing appropriations which: (1) covers a period of more than 30 calendar days; (2) exceeds the rate it would have been at assuming the continuation of current law; or (3) changes existing law. Title III: Expedited Rescissions - Modifies the rescission process and provides for expedited consideration in the House and Senate of certain proposed rescissions. Title IV: Budget Baseline Reform - Requires the President to draft a budget based on estimates of current fiscal year spending, proposing increases or decreases based on this level (rather than on an estimated baseline). Requires the Congressional Budget Office to use such a current fiscal year baseline in its report to the congressional bu…