Top Legislation - View All
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, Social security finance, Tax rates, Taxation
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
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, Congressional Record, Congressional reporting requirements, Congressional travel, Congressional voting, Counterterrorism, Criminal justice, Cytology, Depositions, Drug industry, Drugs, Elections, Employee selection, Employee training, Ex-Members of Congress, Executive departments, Executive Office of the President, Exercise, Expedited congressional procedure, Families, Federal aid programs, Federal budgets, Federally-guaranteed loans, Genetic research, Gifts, Government and business, Government employees, Government information, Government lending, Government spending reductions, Grants-in-aid, Health policy, House Armed Services, House Education and Labor, House Foreign Affairs, House Natural Resources, House of Representatives, House Oversight and Government Reform, House Rules, House rules and procedure, House Science and Technology, House Transportation and Infrastructure, Human embryology, Income tax, Intelligence activities, Intelligence officers, Job training, Labor, Law, Legislation, Legislative amendments, Legislative resolutions, Lobbying, Married people, Medical care, Medical research, Medicine, Members of Congress, Minimum wages, Names, Politics and government, Prescription pricing, Private aviation, Public contracts, Record votes, Recreation, Science policy, September 11, 2001, Sports, Sports facilities, Tariff preferences, Tax credits, Tax deductions, Tax exclusion, Tax incentives, Tax preferences, Taxation, Terrorism, Trade, Transportation, Travel costs, Valuation
Latest Action: 01/05/2007 - Considered as unfinished business. Bill TextAdopting the Rules of the House of Representatives for the One Hundred Tenth Congress. 1/5/2007--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: 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, Legislative amendments
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: 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, Budgets, Business, Children, College costs, Congress, Congressional agencies, Congressional Budget Office, Congressional committees (Senate), Congressional conference committees, Congressional voting, Counterterrorism, Criminal justice, Day care, Debt limit, Defense budgets, Defense economics, Defense policy, Department of Health and Human Services, Disability evaluation, Disabled, District of Columbia, Drug utilization, Economic policy, Electric power transmission, Electric vehicles, Electronic data interchange, Emergency management, Employee health benefits, Energy, Energy conservation, Energy crops, Energy efficiency, Energy security, Executive departments, Federal aid to child health services, Federal aid to housing, Federal budget process, Finance, Fire prevention, Food, Food and Drug Administration (FDA), Foreign policy, Forest fires, Government securities, Government spending reductions, Government trust funds, Governmental investigations, Health care fraud, Health information systems, Health insurance, Health policy, Higher education, Housing, Illegal aliens, Immigration, Imports, Income tax, Indian claims, Information technology, International affairs, Iraq, Iraq compilation, Labor, Legislation, Legislative amendments, Legislative resolutions, Liability insurance, Logistics, Long-term care, Medical care, Medical fees, Medical records, Medically uninsured, Medicare, Medicine, Mental health services, Middle East and North Africa, Military and naval supplies, Military hospitals, Military medicine, Military occupation, Military operations, Military training, Minorities, Motor vehicles, National forests, Natural gas, Natural gas vehicles, Natural resources, Nutrition, Oil and gas royalties, Petroleum, Pharmaceutical research, Physicians, Poor children, Power marketing administrations, Prescription pricing, Prospecting, Public lands, Public-private partnerships, Quality of care, Revenue sharing, Right of privacy, Rural affairs, Rural economic development, Science policy, Senate Budget, Senate rules and procedure, Small business, Social security, Social security finance, South Asia, State and local government, Supplemental security income program, Tax administration, Tax refunds, Taxation, Technology, Telecommunication, Terrorism, Tobacco, Tobacco industry, Trade, Transportation, Unemployment insurance, User charges, Veterans, Veterans' benefits, Veterans' medical care, War casualties, War risk insurance, Welfare
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: 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 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, Expedited congressional procedure, Food, Food stamps, Government spending reductions, House rules and procedure, Income tax, Item veto, Legislation, Legislative resolutions, Presidential messages, Presidents, Rescission of appropriated funds, Senate rules and procedure, Tariff, Tax credits, Tax deductions, Tax exclusion, Tax expenditures, Tax preferences, Taxation, Trade, Welfare
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: 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, Death, Disabled, Divorce, Earnings, Economic policy, Estate tax, Estates (Law), Executive departments, Executive reorganization, Families, Finance, Financial statements, Government employees, Government information, Government paperwork, Government publicity, Government trust funds, House rules and procedure, Indexing (Economic policy), Investments, Labor, Law, Legislation, Legislative amendments, Legislative resolutions, Marriage, Married people, Mutual funds, Old age, survivors and disability insurance, Older workers, Pensions, Retirement income, Senate rules and procedure, Social security, Social Security Administration, Social security beneficiaries, Social security eligibility, Social security finance, Social security taxes, Stocks, Survivors' benefits, Tax credits, Tax exemption, Tax refunds, Taxation, Widowers, Widows, Women
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
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Latest Legislation - View All
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, Automobile industry, Balanced budgets, Bonds, Border patrols, Brain, Budget deficits, Budget resolutions, Budgets, Business, Cash welfare block grants, Child health, Child support, Children, Climate change, Coastal zone, Communications, Community health services, Congress, Congressional budget, Congressional conference committees, Congressional investigations, Congressional voting, Constitution, Constitutional amendments, Consumers, Criminal aliens, Criminal justice, Customs administration, Debt limit, Defense budgets, Defense contracts, Defense economics, Defense policy, Defense procurement, Dental care, Department of Commerce, Department of Health and Human Services, Deportation, Diabetes, Disability evaluation, Disabled, Disaster insurance, Drug approvals, Drugs, East Asia, Economic growth, Economic policy, Education, Emergency management, Employee health benefits, Energy, Energy efficiency, Energy security, Environmental protection, Executive departments, Families, Federal aid to child health services, Federal aid to education, Federal aid to housing, Federal aid to research, Federal aid to transportation, Federal aid to water resources development, Federal budget process, Finance, Financial statements, Floods, Food and Drug Administration (FDA), Food safety, Foreign policy, Government information, Government publicity, Government trust funds, Greenhouse gases, Head injuries, Health care fraud, Health information systems, Health insurance, Health policy, Higher education, Highway finance, History, Housing, Housing authorities, Housing subsidies, Human immunodeficiency viruses, Identification of criminals, Illegal aliens, Immigration, Import restrictions, Imports, Income tax, Indian claims, Indian medical care, Indian water rights, Infrastructure, Infrastructure (Economics), International affairs, Internet, Iraq, Iraq compilation, Job training, Judges, Judicial compensation, Labor, Law, Legislation, Legislative amendments, Legislative resolutions, Long-term care, Manufacturing industries, Marine resources, Marine resources conservation, Marketing, Mass rapid transit, Medicaid, Medical care, Medical education, Medical fees, Medical research, Medical residents, Medically uninsured, Medicare, Medicine, Mental health services, Middle East and North Africa, Military dependents, Military medicine, Military occupation, Military operations, Military pensions, Minimum tax, Mining royalties, Minorities, National Guard, National parks, Natural resources, Naturalization, New Mexico, Ocean, Old age, survivors and disability insurance, Pediatrics, Pennsylvania, Pensions, Performance measurement, Personnel records, Philippines, Physicians, Poor children, Postal service, Prescription pricing, Public broadcasting, Public debt, Public housing, Public lands, Quality of care, Research and development, Right of privacy, Sanctions (International law), Scholarships, School buildings, Science policy, Senate rules and procedure, September 11, 2001, Small business, Social security, Social security beneficiaries, Social security finance, South Asia, State and local government, Supplemental appropriations, Supplemental security income program, Tax administration, Tax credits, Tax deductions, Tax rates, Tax refunds, Taxation, Teachers, Teaching materials, Technological innovations, Technology, Telecommunication, Trade, Trade adjustment assistance, Trade agreements, Transportation, Trauma care, Unemployment insurance, United States Postal Service, User charges, Veterans, Veterans' benefits, Veterans' disability compensation, Veterans' education, Veterans' medical care, Veterinary medicine, War casualties, Waste in government spending, Water resources, Water supply, Web sites, Welfare, Welfare work participation, World War II
Latest Action: 06/05/2008 - Mr. Spratt brought up conference report H. Rept. 110-659 for consideration under the provisions of H. Res. 1214. 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. 5/20/2008--Conference report filed in House. (There are 4 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 (on-budget); (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, U.S. Postal Service discretionary administrative expenses, and specified major functional [...] 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, Budgets, Carbon cycle, Carbon dioxide, Child support, Children, Civil liberties, Climate change, Coinsurance, Congress, Congressional budget, Congressional investigations, Counterterrorism, Criminal justice, Debt limit, Defense budgets, Defense economics, Defense policy, Defense procurement, Depreciation and amortization, Disability evaluation, Disabled, Drugs, East Asia, Economic growth, Economic policy, Education, Elementary and secondary education, Emergency communication systems, Emergency management, Employee health benefits, Energy, Energy efficiency, Energy security, Entitlements, Environmental protection, Estate tax, Families, Federal aid to child health services, Federal aid to education, Federal aid to housing, Federal aid to research, Federal employees, Finance, Food, Food prices, Food relief, Foreclosure, Fraud, Freight, Greenhouse gases, Head injuries, Health care fraud, Health information systems, Health insurance, Health policy, Health services administration, Higher education, History, House rules and procedure, Housing, Hunger, Immigration, Income tax, Indian claims, Indian water rights, Infrastructure, Infrastructure (Economics), Insurance premiums, Iraq, Iraq compilation, Job training, Labor, Legislation, Legislative resolutions, Local taxation, Managed care, Marine safety, Marine terminals, Married people, Mathematics, Medicaid, Medical care, Medical economics, Medical fees, Medically uninsured, Medicare, Medicine, Mental health services, Middle East and North Africa, Military and naval supplies, Military hospitals, Military medicine, Military occupation, Military operations, Military pensions, Military readiness, Military research, Military training, Minimum tax, Minorities, Mortgages, National Guard, National parks, Natural resources, New Mexico, Nuclear nonproliferation, Payments in lieu of taxes, Pensions, Performance measurement, Philippines, Physicians, Poor children, Post-traumatic stress disorder, Prescription pricing, Public contracts, Public debt, Public lands, Quality of care, Recruiting of employees, Research and development, Research and development tax credit, Retired military personnel, Retiree health benefits, Right of privacy, Salaries, Sales tax, School buildings, Science policy, Scientific education, Security measures, Small business, South Asia, Space activities, Space warfare, State and local government, State taxation, Supplemental appropriations, Supplemental security income program, Survivors' benefits, Tax administration, Tax credits, Tax deductions, Tax rates, Taxation, Technological innovations, Technology, Telecommunication, Terrorism, Trade, Trade adjustment assistance, Transportation, Unemployment insurance, Veterans, Veterans' benefits, Veterans' disability compensation, Veterans' employment, Veterans' medical care, War casualties, Waste in government spending, Water resources, Weapons systems, Welfare, World War II
Latest Action: 05/14/2008 - Rule H. Res. 1190 passed House. 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: Auditing, Budget deficits, Budget resolutions, Budgets, Congress, Congressional reporting requirements, Congressional voting, Executive departments, Executive reorganization, Federal budgets, Federal officials, Government employees, Government trust funds, House rules and procedure, Investment of public funds, Legislation, Legislative amendments, Legislative resolutions, Old age, survivors and disability insurance, Senate rules and procedure, Social security, Social security finance, Taxation
Latest Action: 12/13/2007 - Referred to the Committee on Ways and Means, and in addition to the Committees on the Budget, and 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 co Bill TextTo provide for investment and protection of the Social Security surplus. 12/13/2007--Introduced. Social Security Surplus Protection Act of 2007 - Amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to direct the Managing Trustee to ensure that amounts in either the Federal Old-Age and Survivors Insurance Trust Fund or the Federal Disability Insurance Trust Fund (Social Security Trust Funds) equivalent to the annual surplus for such Fund for any calendar year are made available to the Social Security Surplus Investment Board (SSSIB) on a timely basis for purposes of investment. Requires the Managing Trustee also to ensure that Trust Fund assets are available for payment of benefits. Establishes the SSSIB in the executive branch to provide for the investment of such amounts. Amends the Congressional Budget Act of 1974 to make it out of order in the House of Representatives or the Senate to consider any concurrent resolution [...] show full description
Also tagged in: Aged, Budget resolutions, Budgets, Congress, Government trust funds, Health policy, House rules and procedure, Income tax, Legislation, Medical care, Medicare, Old age, survivors and disability insurance, Senate rules and procedure, Social security, Social security finance, Tax expenditures, Taxation
Latest Action: 12/06/2007 - 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 establish a procedure to safeguard the surpluses of the social security and medicare hospital insurance trust funds. 12/6/2007--Introduced. Social Security and Medicare Lock-Box Act - Amends the Congressional Budget Act of 1974 to make it out of order in the House of Representatives or the Senate to consider any concurrent resolution on the budget (or related measure) that would set forth a surplus for any fiscal year less than the surplus of the Federal Hospital Insurance Trust Fund for that fiscal year. Creates an exception to such point of order if a violation of it would result from an assumption in the measure of an increase in outlays or a decrease in revenue relative to the baseline underlying the measure for Social Security or Medicare reform legislation for any such year. Makes it out of order in the House of Representatives or the Senate to consider any (spending or tax) measure if its enactment would cause the surplus for any fiscal year covered [...] show full description
Also tagged in: Aged, Annuities, Budgets, Executive departments, Executive reorganization, Finance, Government trust funds, Health insurance, Health policy, Income tax, Investment of public funds, Investments, Labor, Medical care, Medicare, Mutual funds, Old age, survivors and disability insurance, Payroll deductions, Pensions, Public debt, Saving and investment, Self-employed, Social security, Social Security Administration, Social security taxes, Tax exclusion, Tax exemption, Tax penalties, Taxation
Latest Action: 02/05/2008 - Referred to the Subcommittee on Health, Employment, Labor, and Pensions. Bill TextTo reform Social Security retirement and Medicare by establishing a Personal Social Security Savings Program to create a safer, healthier, more secure, and more prosperous retirement for all Americans and to reduce the burden on young Americans. 11/14/2007--Introduced. Securing Medicare and Retirement for Tomorrow Act of 2007, or SMART Act of 2007 - Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act (SSA) to add a new part B (Personal Social Security Savings Program) under which each employer shall establish and maintain for each participating employee a personal Social Security account under a Social Security payroll deduction plan. Provides for the participation by self-employed individuals and the investment of personal Social Security account funds in one qualified Social Security mutual fund designated by the participating individual. Establishes the Personal Accounts Management and Review Board, and requires it to [...] 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, Disaster relief, Emergency management, Expedited congressional procedure, Federal budget process, Federal budgets, Government information, Government spending reductions, Government trust funds, House rules and procedure, Interest, Legislation, Legislative amendments, Legislative resolutions, Military operations, National security, Public debt, Senate rules and procedure, Standards, Taxation
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, |
