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H.R. 5513 102nd Congress House

To amend the Internal Revenue Code of 1986 and the Balanced Budget and Emergency Deficit Control Act of 1985 to eliminate the Federal budget deficit by the end of fiscal year 1998.

Introduced: June 30, 1992 See on congress.gov
Economics and Public Finance Budget deficitsFederal budgetsGovernment paperworkGovernment spending reductions
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Income taxTax rates
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This bill died when the 102nd Congress ended
It never became law before the 102nd Congress (1991–1992) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 3, 1992
Referred to the Subcommittee on Legislation and National Security.
Jun 30, 1992
Referred to the House Committee on Ways and Means.
Jun 30, 1992
Referred to the House Committee on Government Operations.
Jun 30, 1992
Introduced in House
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 Latest action July 3, 1992

Referred to the Subcommittee on Legislation and National Security.

 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to require tax table rate reductions to be based on a percentage of the reduction in Federal spending for calendar years 1993 through 1997.

Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to provide sequestration procedures to eliminate the deficit by FY 1998. Specifies accounts that are exempt from reduction. Sets forth reporting requirements.

 Related & companion bills 1
  • HR 432 Text similarities To allow an item veto in appropriation Acts for fiscal years 1991, 1992, 1993, 1994, and 1995 by the President to reduc…
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
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APA
U.S. Congress. (2026). H.R. 5513: To amend the Internal Revenue Code of 1986 and the Balanced Budget and Emergency Deficit Control Act of 1985 to eliminate the Federal budget deficit by the end of fiscal year 1998.. 102nd Congress. Open America. https://openamerica.io/bill/102-HR-5513/
MLA
"H.R. 5513: To amend the Internal Revenue Code of 1986 and the Balanced Budget and Emergency Deficit Control Act of 1985 to eliminate the Federal budget deficit by the end of fiscal year 1998.." 102nd Congress, 2026, Open America, https://openamerica.io/bill/102-HR-5513/.
Bluebook (legal)
H.R. 5513, 102nd Cong. (2026), https://openamerica.io/bill/102-HR-5513/.
Markdown link
[H.R. 5513: To amend the Internal Revenue Code of 1986 and the Balanced Budget and Emergency Deficit Control Act of 1985 to eliminate the Federal budget deficit by the end of fiscal year 1998.](https://openamerica.io/bill/102-HR-5513/)
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