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H.R. 5670 (106th): To ensure that the receipts and disbursements of the Social Security trust funds are not included in a unified Federal budget.

The text of the bill below is as of Dec 15, 2000 (Introduced).


HR 5670 IH

106th CONGRESS

2d Session

H. R. 5670

To ensure that the receipts and disbursements of the Social Security trust funds are not included in a unified Federal budget.

IN THE HOUSE OF REPRESENTATIVES

December 15, 2000

Mr. KASICH introduced the following bill; which was referred to the Committee on the Budget


A BILL

To ensure that the receipts and disbursements of the Social Security trust funds are not included in a unified Federal budget.

    Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. EXCLUSION OF THE SOCIAL SECURITY TRUST FUNDS FROM THE UNIFIED FEDERAL BUDGET.

    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 Government as submitted by the President or of the surplus or deficit totals of the congressional budget, and any description of, or reference to, such totals in any official publication or material issued by either of such Offices, shall exclude the receipts and disbursements totals of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund (including taxes upon which any such receipts are based).