To amend section 1105 of title 31, United States Code, to require the President to include the estimated unfunded liabilities of all Federal programs in annual budget submissions.
Amends Federal law to require the President to include in the annual submission to Congress of a proposed Federal budget a separate statement setting forth the estimated unfunded liability of each program for specified fiscal years, including the next 20-fiscal-year and 75-fiscal-year periods.
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