A bill to require annual appropriations for all direct spending, including entitlement programs and excepting Social Security, and biannual authorizations for direct spending authority.
Direct Spending and Entitlement Program Accountability Act of 1992 - Requires, effective for FY 1994, funding for direct spending, including entitlement authority, to be: (1) subject to annual appropriations for each fiscal year; and (2) included in annual appropriations Acts.
Prohibits, effective for FY 1994, direct spending authority, including entitlement authority, from being provided by law for more than two consecutive fiscal years.
Provides that direct spending does not include Social Security.
Introduced in Senate
Read twice and referred jointly to the Committees on Budget; Governmental Affairs pursuant to the order of August 4, 1977, with instructions that when one Committee reports, the other Committee have thirty days to report or be discharged.
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