To amend the Internal Revenue Code of 1986 to provide for floating social security tax rates for old-age, survivors, and disability insurance.
Social Security Long-Term Protection Act of 1989 - Amends the Internal Revenue Code to vary the tax rates for the old age, survivors and disability insurance program (title II of the Social Security Act), in 1992 and thereafter, as a function of the amount in the OASDI trust fund reserve.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
Referred to the Subcommittee on Social Security.
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