H.R.219 - Social Security Preservation Act of 2011

To 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. view all titles (2)

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  • Short: Social Security Preservation Act of 2011 as introduced.
  • Official: To 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. as introduced.

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Introduced
 
House
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Senate
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President
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01/06/11
 
 
 
 
 
 
 

Official Bill Text Comment on about 6 Pages

Sponsor

Representative

Ronald Paul

R-TX

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Official Summary

1/7/2011--Introduced.Social Security Preservation Act of 2011 - 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 Federa
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Official Summary

1/7/2011--Introduced.Social Security Preservation Act of 2011 - 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 of deposit in insured depository institutions. Outlines requirements for determining the annual surplus of the Trust Funds. Prohibits disinvestment of Social Security Trust Fund amounts from public debt obligations, any refraining from making such investments, or any delay in making normal deposits in such Trust Funds for public debt limit-related purposes. Authorizes, with certain conditions, the sale of Social Security Trust Fund public debt obligations for the payment of cash benefits and administrative expenses.

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05/12/12
Texas and Alaska Proposes Bills to Opt Away from Federal Firearms ...

The Anti-Gun Fed Marches On – A member with the US house of Representative, Peter King of NY, has sponsored H.R. 219. The title of this bill is The Denying Firearms and Explosives to Dangerous Terrorists Act of 2009.

Source: http://alaskaliving1.infoandstuff.com/
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05/12/12
Texas and Alaska Proposes Bills to Opt Away from Federal Firearms ...

The Anti-Gun Fed Marches On – A member with the US house of Representative, Peter King of NY, has sponsored H.R. 219. The title of this bill is The Denying Firearms and Explosives to Dangerous Terrorists Act of 2009.

Source: http://alaskaliving1.infoandstuff.com/
Add to My Political Notebook Save to Notebook Rate
05/12/12
Texas and Alaska Proposes Bills to Opt Away from Federal Firearms ...

The Anti-Gun Fed Marches On – A member with the US house of Representative, Peter King of NY, has sponsored H.R. 219. The title of this bill is The Denying Firearms and Explosives to Dangerous Terrorists Act of 2009.

Source: http://alaskaliving1.infoandstuff.com/
Add to My Political Notebook Save to Notebook Rate
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