Skip to main content
HR 563 106th Congress House Economics and Public Finance Budget deficits Budget surpluses Congress Congressional budget Congressional publications Congressional publicity Deficit reduction Federal budgets Federal receipts and expenditures Government Operations and Politics Government publications Government publicity Government spending reductions Government trust funds Off-budget expenditures Old age, survivors and disability insurance Social Welfare Social security finance

Honesty in Budgeting Act

Introduced: February 3, 1999 Introduced by: Smith, Adam Democratic · Washington See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 17, 1999
Referred to the Subcommittee on Social Security.
Feb 3, 1999
Referred to the Committee on the Budget, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Feb 3, 1999
Sponsor introductory remarks on measure. (CR E133)
Feb 3, 1999
Introduced in House
 Plain-English summary Congressional Research Service

Honesty in Budgeting Act - Expresses the sense of the House of Representatives that Members of Congress, executive branch officials, and their respective representatives should use on-budget numbers when making public statements regarding the Federal budget.

Prohibits receipts and disbursements of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund from being considered new budget authority, outlays, receipts, deficit, or surplus for purposes of the national budget, the congressional budget, or the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act).

Amends the Congressional Budget Act of 1974 to require official statement issues by the Office of Management and Budget or the Congressional Budget Office of Federal surplus or deficit totals, as well as any description of or reference to such totals in official publications, to exclude the receipts and disbursements totals of the old age, survivors and disability insurance program under title II of the social security Act. Requires such offices to issue separate reports on the outlays and revenues of the Social Security trust funds.

Prohibits tables and other displays of Federal budgetary aggregates from including such receipts and disbursements.

What's happening now February 17, 1999

Referred to the Subcommittee on Social Security.

 Committees of jurisdiction 3