and the Medicare hospital insurance trust fund from 
official budget surplus/deficit pronouncements.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Honesty in Budgeting 
Act’’. 
SEC. 2. SENSE OF HOUSE TO ENCOURAGE HONESTY FOR 
MEMBERS OF CONGRESS AND EXECUTIVE 
BRANCH OFFICIALS. 
It is 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. 
SEC. 3. OFF-BUDGET STATUS OF OASDI AND HI TRUST 
FUNDS. 
Notwithstanding any other provision of law, the re-
ceipts and disbursements of the Federal Old-Age and Sur-
vivors Insurance Trust Fund, the Federal Disability In-
surance Trust Fund, and the Federal Hospital Insurance 
Trust Fund shall not be counted as new budget authority, 
outlays, receipts, or deficit or surplus for purposes of—
(1) the budget of the United States Govern-
ment as submitted by the President, 
(2) the congressional budget, or
(3) the Balanced Budget and Emergency Def-
icit Control Act of 1985. 
SEC. 4. REMOVING SOCIAL SECURITY AND MEDICARE 
FROM 
BUDGET 
SURPLUS/DEFICIT 
PRO-
NOUNCEMENTS. 
(a) REMOVING SOCIAL SECURITY AND MEDICARE 
FROM BUDGET SURPLUS/DEFICIT PRONOUNCEMENTS.—
Title III of the Congressional Budget Act of 1974 is 
amended by adding at the end the following section: 
‘‘REMOVING SOCIAL SECURITY AND MEDICARE FROM 
BUDGET SURPLUS/DEFICIT PRONOUNCEMENTS 
‘‘SEC. 316. (a) SURPLUS OR DEFICIT TOTALS.—Any 
official statement issued by the Office of Management and 
Budget or by the Congressional Budget Office of surplus 
or deficit totals of the budget of the United States Govern-
ment as submitted by the President or of the surplus or 
deficit totals of the congressional budget, and any descrip-
tion of, or reference to, such totals in any official publica-
tion or material issued by either of such Offices, shall ex-
clude the receipts and disbursements totals of the old-age 
survivors, and disability insurance program under title 2 
of the Social Security Act and of the Federal Hospital In-
surance Trust Fund under part A of title 18 of such Act. 
The Office of Management and Budget and the Congres-
sional Budget Office shall issue separate reports on the
outlays and revenues of the Social Security trust funds 
and of the Federal Hospital Insurance Trust Fund. 
‘‘(b) 
PRESENTATION
OF
BUDGETARY
AGGRE-
GATES.—For purposes of chapter 11 of title 31, United 
States Code, or this Act, tables and other displays of 
budgetary aggregates for the United States Government 
of the Director of the Office of Management and Budget 
or the Director of the Congressional Budget Office shall 
not include receipts or disbursements referred to in sub-
section (a).’’. 
(b) CONFORMING AMENDMENT.—The table of con-
tents set forth in section 1(b) of the Congressional Budget 
and Impoundment Control Act of 1974 is amended by 
adding after the item relating to section 315 the following 
new item:
‘‘Sec. 316. Removing Social Security and Medicare from budget surplus/deficit 
pronouncements.’’.
Æ