Deficit Reduction Act of 1993

[AI summary unavailable — showing source text] Deficit Reduction Act of 1993 - Prohibits the annual travel budget for each non-defense executive branch agency (excluding the Postal Service) for FY 1994 from exceeding 90 percent of the budget level available to such agency for FY 1993. Abolishes the Interstate Commerce Commission. Transfers its functions, powers, and duties to the Department of Transportation. Limits the outlays for the legislative branch for FY 1994 to 85 percent of such outlays for FY 1993. Directs the Secretary of the Interior to sell to one or more joint ventures all right, title, and interest of the United States in and to the helium reserves established pursuant to the Helium Act, including facilities and accessories. Limits the administrative and overhead budget (excluding travel expenses) for non-defense executive branch agencies (excluding the Postal Service) for FY 1995 to 99 percent of the budget level available for FY 1994. Repeals the Davis-Bacon Act (an Act which requires that the locally prevailing wage rate be paid to various classes of laborers and mechanics working under federally-financed or federally-assisted contracts for construction, alteration, and repair of public buildings or public wor…