To exclude the receipts and disbursements of the social security trust funds, the highway trust fund, and the airport and airway trust fund from the calculation of deficits and maximum deficit amounts under the Balanced Budget and Emergency Deficit Control Act of 1985, and for other purposes.
Budget Trust Fund Reform Act of 1990 - Amends the Congressional Budget and Impoundment Control Act of 1974 to exclude the receipts and disbursements of the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, the Federal Hospital Insurance Trust Fund, the Highway Trust Fund, and the Airport and Airway Trust Fund from calculations of maximum deficit amounts.
Increases the permissible maximum deficit amounts for FY 1990 through FY 1994.
Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to require certain revised reports by the Congressional Budget Office to include an analysis of post-sequestration legislation.
Referred to the Subcommittee on Legislation and National Security.
Introduced in House
Introduced in House
Referred to the House Committee on Government Operations.
Referred to the Subcommittee on Legislation and National Security.
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