To amend title 2, United States Code, to provide that an increase in the rate of pay for Members of Congress may not go into effect following a budget deficit in the preceding fiscal year.
Deficit Accountability Act of 1992 - Amends Federal law to prohibit: (1) an increase in the salary of a Member of Congress from going into effect if the Director of the Office of Management and Budget (Director) has determined that there was a deficit for the preceding fiscal year; or (2) such an increase in salary from going into effect between enactment of this Act and the Director's initial such determination.
Introduced in House
Introduced in House
Referred to the House Committee on House Administration.
Referred to the Subcommittee on Accounts.
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