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HR 5788 109th Congress House Economics and Public Finance Accounting Budget deficits Budget resolutions Congress Congressional reporting requirements Finance and Financial Sector Financial statements

Honest Deficit Recognition Act of 2006

Introduced: July 24, 2006 See on congress.gov
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This bill died when the 109th Congress ended
It never became law before the 109th Congress (2005–2006) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 13, 2006
Referred to the Committee on the Budget, and in addition to the Committee on Rules, 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.
Jul 13, 2006
Introduced in House
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 Plain-English summary Congressional Research Service

Honest Deficit Recognition Act of 2006 - Amends the Congressional Budget Act of 1974 to revise content requirements for the required report from the House and Senate Budget Committees accompanying the concurrent resolution on the budget. Requires inclusion of information discussing the most recent financial report of the federal government, including a summary of the net operating cost, net position, and long-term liabilities of the government (accrual and long-term budgeting).

Expresses the sense of Congress that, in the preparation of the annual budget submission, the President should take such information into account and include a discussion of it in each such submission.

What's happening now July 13, 2006

Referred to the Committee on the Budget, and in addition to the Committee on Rules, 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.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 3
All 3 Democratic 2
Cardoza, Dennis
· Jul 24, 2006
 D
Case, Ed
Hawaii · Jul 24, 2006
 D
Costa, Jim
California · Jul 24, 2006
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5788: Honest Deficit Recognition Act of 2006. 109th Congress. Open America. https://openamerica.io/bill/109-HR-5788/
MLA
"H.R. 5788: Honest Deficit Recognition Act of 2006." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-5788/.
Bluebook (legal)
H.R. 5788, 109th Cong. (2026), https://openamerica.io/bill/109-HR-5788/.
Markdown link
[H.R. 5788: Honest Deficit Recognition Act of 2006](https://openamerica.io/bill/109-HR-5788/)
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