A bill to amend the Internal Revenue Code of 1986 to reduce the OASDI tax rate, and to remove Social Security trust funds from Gramm-Rudman.
Social Security Integrity and Tax Reduction Act - Amends the Internal Revenue Code to cut social security taxes.
Amends the Congressional Budget and Impoundment Control Act of 1974 and title VII (Administration) of the Social Security Act to exclude the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund from budget totals. Extends deficit reduction target dates.
Introduced in Senate
Read twice and referred to the Committee on Finance.
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