| Also tagged in: Armed forces, Budgets, Defense policy, Economic assistance, Energy, Foreign aid, Foreign loans, Foreign policy, Fuel, International finance, Iraq, Iraq compilation, Middle East and North Africa, Military training, War relief Latest Action: 04/16/2008 - Sponsor introductory remarks on measure. (CR H2434-2440)
Bill TextExpressing the sense of the House of Representatives that any funding provided by the United States to the Government of Iraq for reconstruction, training for Iraqi security forces, and fuel for United States operations in Iraq should be provided in the form of loans. 4/16/2008--Introduced. Expresses the sense of the House of Representatives that: (1) U.S. funding to the government of Iraq for reconstruction, training for Iraqi security forces, and fuel for U.S. operations in Iraq should be provided as loans; and (2) the U.S. government should work with the government of Iraq to ensure that the government of Iraq obligates its own budget surplus for reconstruction projects before U.S. reconstruction aid is obligated. | | Also tagged in: Access to health care, Administrative procedure, Affordable housing, Afghanistan, Aged, Agricultural subsidies, Agriculture, Aid to dependent children, AIDS (Disease), Alternative energy sources, Animals, Appropriations, Armed forces, Armed forces abroad, Armed forces reserves, Auditing Latest Action: 03/14/2008 - S.AMDT.4380 Amendment SA 4380 agreed to in Senate by Yea-Nay Vote. 41 - 57. Record Vote Number: 79.
Bill TextAn original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2009 and including the appropriate budgetary levels for fiscal years 2008 and 2010 through 2013. 3/14/2008--Passed Senate amended. (There are 2 other summaries) Sets forth the congressional budget for the federal government for FY2009, including the appropriate budgetary levels for FY2008 and FY2010-FY2013. Title I: Recommended Levels and Amounts - (Sec. 101) Lists recommended budgetary levels and amounts, for FY2008-FY2013, with respect to: (1) federal revenues; (2) new budget authority; (3) budget outlays; (4) deficits; (5) public debt; and (6) debt held by the public. (Sec. 102) Lists the appropriate levels of new budget authority, outlays, and administrative expenses for Social Security, U.S. Postal Service discretionary administrative expenses, and specified major functional categories for FY2008-FY2013.[...] show full description | | Also tagged in: Affordable housing, Afghanistan, Aged, Air pollution, Alternative energy sources, Appropriations, Armed forces, Armed forces abroad, Armed forces reserves, Ballistic missile defenses, Bonds, Border patrols, Brain, Budget deficits, Budget reconciliation, Budget resolutions Latest Action: 03/13/2008 - Considered as unfinished business. (consideration: CR H1627-1659, H1661-1684)
Bill TextRevising the congressional budget for the United States Government for fiscal year 2008, establishing the congressional budget for the United States Government for fiscal year 2009, and setting forth appropriate budgetary levels for fiscal years 2010 through 2013. 3/13/2008--Passed House without amendment. (There are 2 other summaries) (This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.) Revises and replaces the congressional budget for the federal government for FY2008. Sets forth the congressional budget for the federal government for FY2009, including the appropriate budgetary levels for FY2010-FY2013. Title I: Recommended Levels and Amounts - (Sec. 101) Recommends budgetary levels and amounts for FY2008-FY2013 for: (1) federal revenues; (2) new budget authority; (3) budget outlays; (4) deficits (on-budget); (5) debt subject to limit; [...] show full description | | Also tagged in: Armed forces, Authorization, Balanced budgets, Budget deficits, Budget reconciliation, Budget resolutions, Budgets, Congress, Congressional budget, Congressional committees, Congressional Record, Congressional reporting requirements, Congressional voting, Defense budgets, Defense economics, Defense policy Latest Action: 10/02/2007 - Sponsor introductory remarks on measure. (CR H11147)
Bill TextTo amend the Balanced Budget and Emergency Deficit Control Act of 1985 and the Congressional Budget Act of 1974 to extend the discretionary spending caps and the pay-as-you-go requirement, and for other purposes. 6/12/2007--Introduced. Fiscal Honesty and Accountability Act of 2007 - Amends the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) to extend Pay-As-You-Go requirements through FY2012 and enforcement mechanisms through FY2016. Requires the Directors of the Congressional Budget Office (CBO) and of the Office of Management and Budget (OMB) each to report to the House Committee on the Budget on how to broaden the Pay-As-You-Go sequestration base and make it more fair and equitable. Extends through FY2011 the spending limits (spending caps) for the discretionary categories in new budget authority and outlays. Amends the Congressional Budget and Impoundment Control Act of 1974 to address issues of emergency spending [...] show full description | | Latest Action: 05/24/2007 - Referred to the House Committee on Ways and Means.
Bill TextTo amend the Internal Revenue Code of 1986 to reduce the rate of tax on distilled spirits to its pre-1985 level. 5/24/2007--Introduced. Amends the Internal Revenue Code to reduce the tax rate on distilled spirits. | | Also tagged in: Appropriations, Auditing, Authorization, Biennial budgets, Budget deficits, Budget reconciliation, Budget resolutions, Budgets, Congress, Congressional budget, Congressional committees, Congressional committees (House), Congressional committees (Senate), Congressional hearings, Congressional information resources, Congressional investigations Latest Action: 05/23/2007 - Referred to the Committee on the Budget, and in addition to the Committees on Rules, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the juris
Bill TextTo provide a biennial budget for the United States Government. 5/23/2007--Introduced. Biennial Budgeting Act of 2008 - Amends the Congressional Budget Act of 1974 to require: (1) biennial (instead of annual) budget resolutions; (2) biennial appropriations Acts; and (3) biennial government strategic and performance plans. Makes conforming amendments to the Rules of the House of Representatives. Defines the budget biennium as the two consecutive fiscal years beginning on October 1 of any odd-numbered year. Requires: (1) a federal agency, upon request by a congressional committee, to provide appropriate information regarding its appropriations requests and program administration; (2) the Comptroller General to furnish to such committee summaries of any audits or reviews of such program which the Comptroller General has completed during the preceding six years; and (3) the Comptroller General, Director of the Congressional Budget Office (CBO), and the Director [...] show full description | | Also tagged in: Appropriations, Armed forces, Authorization, Biennial budgets, Budget deficits, Budget resolutions, Budgets, Central Intelligence Agency, Civil service retirement, Coast guard, Congress, Congressional budget, Congressional committees (House), Congressional committees (Senate), Congressional publicity, Congressional reporting requirements Latest Action: 05/01/2007 - Referred to the Committee on the Budget, and in addition to the Committees on Rules, Ways and Means, Appropriations, and Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such pro
Bill TextTo reform Federal budget procedures, to impose spending safeguards, to combat waste, fraud, and abuse, to account for accurate Government agency costs, and for other purposes. 5/1/2007--Introduced. Family Budget Protection Act of 2007 - Amends the Congressional Budget Act of 1974 (CBA) to eliminate the May 15 deadline for consideration of annual appropriations measures. Requires annual joint (currently, concurrent) budget resolutions signed by the President. Provides for an amendment to change the statutory limit on the public debt. Requires consideration of budget-related legislation before the budget resolution becomes law. Provides for establishment of a reserve fund for emergencies. Prescribes requirements for biennial budget resolutions, appropriations Acts, and government strategic and performance plans instead of annual ones if the President and Congress so agree. Provides spending caps on the growth of entitlements and mandatory [...] show full description | | Also tagged in: Appropriations, Budget deficits, Budgets, Congress, Congressional voting, Expedited congressional procedure, Federal budgets, Income tax, Item veto, Presidential messages, Presidents, Rescission of appropriated funds, Tax expenditures, Taxation Latest Action: 04/23/2007 - Referred to the Committee on the Budget, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Bill TextTo amend the Congressional Budget and Impoundment Control Act of 1974 to provide for the expedited consideration of certain proposed rescissions of budget authority. 4/23/2007--Introduced. Congressional Accountability and Line Item Veto Act of 2007 - Amends the Congressional Budget and Impoundment Control Act of 1974 to authorize the President to propose the repeal of any congressional earmark or the cancellation (line item veto) of any limited tariff benefit or targeted tax benefit. Sets forth requirements for the President's transmittal to Congress of a special message regarding a proposed repeal or cancellation. Dedicates any repeal or cancellation only to deficit reduction or increase of a surplus. Provides for adjustment of: (1) committee allocations resulting from such rescission; and (2) applicable limits, as appropriate, under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act). Sets forth procedures [...] show full description | | Also tagged in: Appropriations, Budget deficits, Budgets, Congress, Congressional voting, Expedited congressional procedure, Federal budgets, Income tax, Item veto, Presidential messages, Presidents, Rescission of appropriated funds, Tax expenditures, Taxation Latest Action: 04/23/2007 - Sponsor introductory remarks on measure. (CR S4852)
Bill TextA bill to amend the Congressional Budget and Impoundment Control Act of 1974 to provide for the expedited consideration of certain proposed rescissions of budget authority. 4/23/2007--Introduced. Congressional Accountability and Line Item Veto Act of 2007 - Amends the Congressional Budget and Impoundment Control Act of 1974 to authorize the President to propose the repeal of any congressional earmark or the cancellation (line item veto) of any limited tariff benefit or targeted tax benefit. Sets forth requirements for the President's transmittal to Congress of a special message regarding a proposed repeal or cancellation. Dedicates any repeal or cancellation only to deficit reduction or increase of a surplus. Provides for adjustment of: (1) committee allocations resulting from such rescission; and (2) applicable limits, as appropriate, under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act). Sets forth [...] show full description | | Also tagged in: Affordable housing, Afghanistan, Aged, Agricultural subsidies, Agriculture, Alcohol as fuel, Alien labor, Alternative energy sources, Appropriations, Armed forces, Armed forces abroad, Authorization, Border patrols, Budget deficits, Budget reconciliation, Budget resolutions Latest Action: 05/17/2007 - Conference papers: Senate report and manager's statement and message on House action held at the desk in Senate.
Bill TextAn original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2008 and including the appropriate budgetary levels for fiscal years 2007 and 2009 through 2012. 5/16/2007--Conference report filed in House. (There are 4 other summaries) Sets forth the congressional budget for the federal government for FY2008, including the appropriate budgetary levels for FY2007 and FY2009-FY2012. Title I: Recommended Levels and Amounts - (Sec. 101) Lists recommended budgetary levels and amounts, for FY2007-FY2012, with respect to: (1) federal revenues; (2) new budget authority; (3) budget outlays; (4) deficits; (5) debt subject to limit; and (6) debt held by the public. (Sec. 102) Lists the appropriate levels of new budget authority, outlays, and administrative expenses for Social Security and specified major functional categories for FY2007-FY2012. Title II: Budget Process [...] show full description | | Also tagged in: Appropriations, Authorization, Budget deficits, Budget reconciliation, Budget resolutions, Budgets, Congress, Congressional conference committees, Congressional ethics, Congressional investigations, Congressional reporting requirements, Congressional voting, Economic impact statements, Economic policy, Entitlements, Executive impoundment of appropriated funds Latest Action: 03/07/2007 - Referred to the Committee on the Budget, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Bill TextTo amend the Congressional Budget and Impoundment Control Act of 1974 to provide for the expedited consideration of certain proposed rescissions of budget authority, and for other purposes. 3/7/2007--Introduced. Earmark Accountability and Reform Act of 2007 - Amends the Congressional Budget and Impoundment Control Act of 1974 to authorize the President to propose the cancellation (line item veto) of any dollar amount of discretionary budget authority, item of direct spending, or targeted tax benefit. Sets forth requirements for the President's transmittal to Congress of a special message regarding a proposed cancellation. Dedicates any cancellation only to deficit reduction or increase of a surplus. Provides for adjustment of: (1) committee allocations resulting from such rescission; and (2) applicable limits, as appropriate, under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act). Sets forth procedures [...] show full description | | Also tagged in: Budget deficits, Budgets, Federal budgets, Finance, Government trust funds, Old age, survivors and disability insurance, Pensions, Saving and investment, Social security, Social security finance, Social security taxes, Taxation Latest Action: 03/13/2007 - Referred to the Subcommittee on Social Security.
Bill TextTo amend title II of the Social Security Act to ensure that the receipts and disbursements of the Social Security trust funds are not included in a unified Federal budget and to provide that Social Security contributions are used to protect Social Security solvency by mandating that Trust Fund monies cannot be diverted to create private accounts. 3/6/2007--Introduced. Social Security Protection and Truth in Budgeting Act of 2007 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to prohibit the receipts and disbursements of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund (Social Security trust funds) from being included in the federal budget baseline for any fiscal year and from being counted as new budget authority, outlays, receipts, or deficit or surplus for purposes of offsetting any tax decrease or spending increase. Excludes Social Security trust fund receipts and disbursements [...] show full description | | Also tagged in: Armed forces, Authorization, Budget deficits, Budget reconciliation, Budget resolutions, Budgets, Congress, Congressional budget, Congressional committees, Congressional Record, Congressional reporting requirements, Defense budgets, Defense economics, Defense policy, Disaster relief, Emergency management Latest Action: 02/16/2007 - Referred to the Committee on the Budget, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Bill TextTo amend the Congressional Budget Act of 1974 to simplify annual concurrent resolutions on the budget and to budget for emergencies. 2/16/2007--Introduced. Emergency Spending Control Act of 2007 - Amends the Congressional Budget Act of 1974 (CBA) to revise the contents of the annual concurrent resolution on the budget (eliminating certain matters in an effort to keep such resolution to one page). Requires the report accompanying the budget resolution to include: (1) new budget authority and outlays for each major functional category, based on allocations of the total levels set forth in the resolution; and (2) with respect to each major functional category, an estimate of total new budget authority and total outlays, with the estimates divided between discretionary and direct (currently, mandatory) spending amounts. Allows reconciliation directives to be included in the report. Modifies the President's budget request to Congress to eliminate most current [...] show full description | | Also tagged in: Administrative fees, Aged, Aliens, Annuities, Bonds, Budget deficits, Budget reconciliation, Budget resolutions, Budgets, Caregivers, Children, Civil service retirement, Congress, Congressional reporting requirements, Congressional voting, Cost of living adjustments Latest Action: 03/13/2007 - Referred to the Subcommittee on Social Security.
Bill TextTo amend the Social Security Act and the Internal Revenue Code of 1986 to preserve and strengthen the Social Security Program through the creation of personal Social Security guarantee accounts ensuring full benefits for all workers and their families, restoring long-term Social Security solvency, to make certain benefit improvements, and for other purposes. 2/15/2007--Introduced. Social Security Guarantee Plus Act of 2007 - Amends the Internal Revenue Code (IRC) and title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act (SSA) to establish a Social Security Guarantee Program, to be administered by a Social Security Guarantee Board established within the Social Security Administration. Authorizes any individual age 18 with a Social Security number to elect to enroll as a covered individual and receive in the Social Security guarantee account established for him or her by the Board a calendar year payment of Social Security guarantee refundable [...] show full description | | Also tagged in: Appropriations, Authorization, Budget deficits, Budget reconciliation, Budget resolutions, Budgets, Congress, Congressional conference committees, Congressional ethics, Congressional investigations, Congressional reporting requirements, Congressional voting, Economic impact statements, Economic policy, Entitlements, Executive impoundment of appropriated funds Latest Action: 01/24/2007 - Referred to the Committee on the Budget, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Bill TextTo amend the Congressional Budget and Impoundment Control Act of 1974 to provide for the expedited consideration of certain proposed rescissions of budget authority. 1/24/2007--Introduced. Legislative Line Item Veto Act of 2007 - Amends the Congressional Budget and Impoundment Control Act of 1974 to authorize the President to propose the cancellation (line item veto) of any dollar amount of discretionary budget authority, item of direct spending, limited tariff benefit, or targeted tax benefit. Sets forth requirements for the President's transmittal to Congress of a special message regarding a proposed cancellation. Dedicates any cancellation only to deficit reduction or increase of a surplus. Provides for adjustment of: (1) committee allocations resulting from such rescission; and (2) applicable limits, as appropriate, under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act). Sets forth procedures for [...] show full description | | Also tagged in: Budgets, Congress, Congressional reporting requirements, Executive departments, Federal advisory bodies, Finance, Government trust funds, Governmental investigations, Investment of public funds, Investments, Legislation, Old age, survivors and disability insurance, Social security, Social security finance Latest Action: 01/24/2007 - Referred to the Subcommittee on Social Security.
Bill TextTo amend title II of the Social Security Act to establish a Social Security Surplus Protection Account in the Federal Old-Age and Survivors Insurance Trust Fund to hold the Social Security surplus, to provide for suspension of investment of amounts held in the Account until enactment of legislation providing for investment of the Trust Fund in investment vehicles other than obligations of the United States, and to establish a Social Security Investment Commission to make recommendations for alternative forms of investment of the Social Security surplus in the Trust Fund. 1/19/2007--Introduced. Savings for Seniors Act of 2007 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to establish in the Federal Old-Age and Survivors Insurance Trust Fund a Social Security Surplus Protection Account to hold the Social Security surplus.Denies the availability of the balance in the Account for investment by the Managing Trustee.Establishes [...] show full description | | Also tagged in: Appropriations, Authorization, Budget deficits, Budget resolutions, Budgets, Congress, Congressional budget, Congressional committees, Congressional reporting requirements, Continuing resolutions, Federal budgets, Government spending reductions, House Appropriations, House Budget, House rules and procedure, Legislation Latest Action: 01/10/2007 - Referred to the House Committee on Rules.
Bill TextAmending the Rules of the House of Representatives to require the reduction of section 302(b) suballocations to reflect floor amendments to general appropriation bills. 1/10/2007--Introduced. Amends Rule XXI (Restrictions on Certain Bills) of the Rules of the House of Representatives to allow a Member to designate the amount of the reduction in new budget authority that should be used to reduce the federal budget deficit (or to increase the federal budget surplus) if an amendment offered by the Member to any general appropriation bill (or resolution making continuing appropriations to the end of a fiscal year) to reduce new budget authority (and resulting outlays) is agreed to. Requires the chairman of the Committee on Appropriations, whenever such legislation is engrossed in the House, to: (1) reduce the suballocation of new budget authority and outlays to the appropriate subcommittee by the net amount of such reductions; and (2) promptly report those revisions to [...] show full description | | Also tagged in: Appropriations, Authorization, Budget deficits, Budget reconciliation, Budget resolutions, Budgets, Business, Campaign funds, Conflict of interests, Congress, Congressional committees (House), Congressional conference committees, Congressional employees, Congressional ethics, Congressional officers, Congressional publicity Latest Action: 01/05/2007 - Considered as unfinished business.
Bill TextAdopting the Rules of the House of Representatives for the One Hundred Tenth Congress. 1/4/2007--Passed House without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) Title I: Adoption of Rules of One Hundred Ninth Congress - (Sec. 101) Adopts the Rules of the House of Representatives for the 109th Congress as the Rules for the 110th Congress, with amendments. Title II: Ethics - (Sec. 202) Amends Rule XXIII (Code of Official Conduct) to prohibit Members, with the intent to influence on the basis of partisan political affiliation an employment decision or practice of private entities, from: (1) taking or withholding, or offering or threatening to to take or withhold, an official act; or (2) influencing, or offering or threatening to influence, the official act of another. (Sec. 203) Amends Rule [...] show full description | | Latest Action: 01/04/2007 - Referred to the Committee on Rules, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Bill TextTo institute a reconciliation rule in the House of Representatives for the 110th Congress. 1/4/2007--Introduced. Makes it out of order to consider a concurrent resolution on the budget, an amendment to it, or a conference report containing reconciliation directives under the Congressional Budget Act of 1974 that specify changes in law reducing the surplus or increasing the deficit for the current fiscal year and the five or 10 ensuing fiscal years. | | Also tagged in: Bank deposits, Budgets, Congress, Congressional investigations, Congressional reporting requirements, Debt limit, Finance, Government securities, Government trust funds, Investment of public funds, Old age, survivors and disability insurance, Social security, Social security finance Latest Action: 01/18/2007 - Referred to the Subcommittee on Social Security.
Bill TextTo amend title II of the Social Security Act to ensure the integrity of the Social Security trust funds by requiring the Managing Trustee to invest the annual surplus of such trust funds in marketable interest-bearing obligations of the United States and certificates of deposit in depository institutions insured by the Federal Deposit Insurance Corporation, and to protect such trust funds from the public debt limit. 1/4/2007--Introduced. Social Security Preservation Act of 2007 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to require the Managing Trustee of the Board of Trustees of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund (social security trust funds) to ensure that the annual surplus of the Social Security Trust Funds is invested in: (1) marketable interest-bearing obligations of the United States or obligations guaranteed by the United States; or (2) certificates [...] show full description | | Also tagged in: Budget deficits, Budget reconciliation, Budget resolutions, Budgets, Congress, Congressional budget, Congressional voting, Expedited congressional procedure, Federal budget process, Legislation, Legislative amendments, Legislative resolutions, Senate rules and procedure Latest Action: 01/04/2007 - Sponsor introductory remarks on measure. (CR S9-11)
Bill TextA bill to reinstate the pay-as-you-go requirement and reduce budget deficits by strengthening budget enforcement and fiscal responsibility. 1/4/2007--Introduced. Restoring Fiscal Discipline Act of 2007 - Makes it out of order in the Senate to consider any direct spending or revenue legislation that would increase or cause an on-budget deficit during certain specified time periods. Makes it out of order in the Senate to consider, under the expedited procedures applicable to reconciliation in the Congressional Budget Act of 1974 (CBA), any bill, resolution, amendment, amendment between chambers, motion, or conference report that increases the deficit or reduces the surplus in the first fiscal year or the ensuing five or 10 fiscal years covered by the most recently adopted concurrent resolution on the budget. Makes it out of order in the Senate to consider, pursuant to CBA, any resolution, concurrent resolution, amendment, amendment between the chambers, motion,[...] show full description | | Latest Action: 01/04/2007 - Referred to the Committee on Rules, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Bill TextTo institute a Pay-As-You-Go rule in the House of Representatives for the 110th Congress. 1/4/2007--Introduced. Makes it out of order to consider any bill, joint resolution, amendment, or conference report if its provisions affecting direct spending and revenues have the net effect of increasing the deficit or reducing the surplus for the current fiscal year and the five or 10 ensuing fiscal years. | | Also tagged in: Balanced budgets, Budget deficits, Budgets, Congress, Constitution, Constitutional amendments, Debt limit, Federal budget process, Federal budgets, Government trust funds, House rules and procedure, Legislation, Old age, survivors and disability insurance, Record votes, Senate rules and procedure, Social security Latest Action: 01/04/2007 - Sponsor introductory remarks on measure. (CR S186-187)
Bill TextA joint resolution proposing an amendment to the Constitution of the United States relative to require a balanced budget and protect Social Security surpluses. 1/4/2007--Introduced. Constitutional Amendment - Prohibits outlays for a fiscal year (except those for repayment of debt principal) from exceeding total receipts (except those derived from borrowing) for that fiscal year unless the Congress, by a three-fifths roll call vote of each House, authorizes a specific excess of outlays over receipts. Bars any surplus of receipts (including interest) over outlays of the Federal Old-Age and Survivors Insurance and the Federal Disability Insurance Trust Funds from being counted for purposes of this article. Requires any deficit of receipts (including interest) relative to outlays of such trust funds to be counted and to be completely offset by a surplus of all other receipts over all other outlays. Requires a three-fifths roll call vote of each House to increase [...] show full description |
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