H.R.581 - Savings for Seniors Act of 2007

To 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. view all titles (2)

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  • Short: Savings for Seniors Act of 2007 as introduced.
  • Official: To 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. as introduced.

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Introduced
 
House
Passes
 
Senate
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President
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01/19/07
 
 
 
 
 
 
 

Latest Action Jan 24, 2007Referred to the Subcommittee on Soci... Related Bills (0) & Issues (15)
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 Se
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Official Summary

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 in the executive branch of Government a Social Security Investment Commission to study and report to the President and Congress on the most effective vehicles for investment of the Federal Old-Age and Survivors Insurance Trust Fund, other than investment in the form of U.S. obligations resulting in the transfer of Trust Fund assets to the general fund of the Treasury.


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12/15/08
Dugout Central » The Worst MVP Vote Ever Cast

... Pirates’ George Gibson: .209 average, 0 HR, .541 OPS in 311 at bats; Senators’ George McBride: .235 average, 0 HR, .581 OPS in 557 at bats; Tigers’ Donie Bush: .232 average, 1 HR, .636 OPS, 40 steals in 561 at bats ...

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08/06/08
Are Bloggers real Journalists? | Technology Goddess

This seems to be agreed upon by Congress, who does not consider Bloggers or online news reporting agencies “Journalists” in the Free Flow of Information Act H.R.581 which was designed to protect journalists from having to reveal their ...

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03/14/08
Are Bloggers real Journalists?

Are Bloggers real Journalists? Posted on March 14, 2008 by erika1goddess With Web 2 ... in the Free Flow of Information Act H.R.581 which was designed to protect journalists from having to reveal

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