Social Security and Medicare Lock-Box Act

To 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 by the most recently agreed to budget resolution to be less than the surplus of the Federal Hospital Insurance Trust Fund for that fiscal year. Creates an exception to such point of order similar to the other one. Declares that, if the President's budget recommends an on-budget surplus for any fiscal year less than the surplus of the Federal Hospital Insurance Trust Fund for that fiscal year, then it shall include a detailed proposal for Social Security or Medicare reform legislation.

... morehide bill summarySee Full Bill Text

Sponsor

• Rep. Timothy Walberg [R, MI-7]
• and 3 Co-Sponsors
  • Rep. Thelma Drake [R, VA-2]
  • Rep. Stephanie Jones [D, OH-11]
  • Rep. Bill Sali [R, ID-1]
  close

Committees

• House Rules
• 1 more
  • House Budget
  close

Amendments

This bill has no amendments.

Amendments to H.R.4338

Number	Status	Purpose

Bill Status

Make a Bill Status Widget

	OpenCongress widgets allow you to display information about bills and issue areas on your own website or blog. First, select which bill or issue you want to track, then customize the appearance of the panel, and finally paste a simple chunk of HTML into your site. Now your community will have an easy, up-to-date way to track the status of important bills and issues in Congress.

Introduced		Voted on by House		Voted on by Senate		Considered By President		Bill Becomes Law
December 06, 2007

Show All Actions (4 actions)Hide Actions

All Bill Actions

• Dec 06, 2007: Referred to House Rules
• Dec 06, 2007: Referred to House Budget
• Dec 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.
• Introduced on Dec 06, 2007.

---

Related Issue Areas:

• Taxation
• Tax expenditures
• Social security finance
• Social security
• 14 more
• Senate rules and procedure
• Old age, survivors and disability insurance
• Medicare
• Medical care
• Legislation
• Income tax
• House rules and procedure
• Government trust funds
• Congress
• Budgets
• Budget surpluses
• Budget resolutions
• Aged
• Health policy

Data from the Congressional Research Service

Show More User Statistics... Hide User Statistics

In the News

We are not currently finding any news articles on this topic using our daily automated search of Google News. However, if you know of a relevant news article to display here, OpenCongress site editors have the ability to add it manually. Simply e-mail us the web address of this page and the web address of your suggested news article: We'll post relevant links as quickly as possible. Also, if this topic is important to you, you could write a letter to the editor -- if a news article refers this specific topic by name, a link to that news article is likely to appear here soon.

Information made available by:

Blog Coverage

October 04, 2008 home articles social security trust fund sits in government filing ...

tscl supports “the social security and medicare lock-box act” (hr 4338), introduced in the house by representative timothy walberg (mi), and (s. 302), introduced in the senate by senator david vitter (la). the bill would establish a ...

Was this article useful? Yes or No

Source: Government Assistance Seniors

Did you find this article useful? Your opinion counts - together, we're finding the very best news and blog coverage about Congress available on the web.

September 23, 2008 The congressionally created Social Security scam | International ...

Through letters phone calls, e-mails, etc., tell your elected Congressmen to vote for the “Trust Fund Lock Box Bill,” #S.302 in the Senate and #H.R. 4338 in the House of Reps. 2. Come this November, don’t vote for a candidate unless ...

Was this article useful? Yes or No

Source: International Falls Daily Journal - Newspaper...

Did you find this article useful? Your opinion counts - together, we're finding the very best news and blog coverage about Congress available on the web.

June 05, 2008 social security trust fund 5 june 2008

the social security and medicare lock-box act” (hr 4338) that was recently introduced in the house by representative timothy walberg (mi) and (s. 302) in the senate by senator david vitter (la) would establish new procedures to ...

Was this article useful? Yes or No

Source: RAO Davao City

Did you find this article useful? Your opinion counts - together, we're finding the very best news and blog coverage about Congress available on the web.

5 more posts...
See most useful blog posts

Information made available by: