HR 842 - Truth in Budgeting Act - National Key Vote

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Title: Truth in Budgeting Act

Vote Smart's Synopsis:

Vote to pass a bill that separates highway, aviation, inland waterways, and harbor maintenance trust funds from the Presidential budget, the congressional budget, the Balanced Budget and Emergency Deficit Control Act of 1986, and net lending done by the government.

Highlights:

  • Allows the President to exercise a line item veto on this bill.
  • Requires the Secretary of Transportation to calculate the amount of unfunded authorizations that exceed the net receipts of highways, aviation, inland waterways and harbors.

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