S 852 · 101th Congress · Economics and Public Finance
A bill to exclude the receipts of Social Security Trust Funds from the deficit calculation.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: 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.(1989-04-19)
Plain Language Summary
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Amends the Congressional Budget and Impoundment Control Act of 1974 and the Social Security Act to exclude, beginning with FY 1990, Federal Old-Age and Survivors Insurance 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