A bill to cut Social Security contribution rates and return Social Security to pay-as-you-go financing, and for other purposes.
Social Security Tax Cut Act of 1991 - Amends the Internal Revenue Code and title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to revise social security tax rates to provide for reduced rates until 2015 and increased rates beginning in 2020.
Increases the OASDI contribution and benefit base on a graduated basis from 1992 through 1996.
Referred to the Subcommittee on Social Security.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Committee on Finance. Hearings held. Hearings printed: S.Hrg. 102-608.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line