To amend the Congressional Budget Act of 1974 to protect Social Security surpluses through strengthened budgetary enforcement mechanisms.
Social Security and Medicare Safe Deposit Box Act of 1999 - Amends the Congressional Budget Act of 1974 to provide a point of order in the House or the Senate against consideration of any concurrent budget resolution or conference report or amendment pertaining thereto that would set forth an on-budget deficit for any fiscal year.
Makes it out of order in the House or the Senate to consider any bill, joint resolution, amendment, motion, or conference report if the enactment of the reported bill or resolution, the adoption and enactment of an amendment, or the enactment of a bill or resolution in the form recommended in the conference report would cause or increase an on-budget deficit for any fiscal year. Makes such point of order inapplicable to social security or Medicare reform legislation (defined as legislation enacted into law that specifies that it is reform legislation for purposes of this Act).
Includes the receipts, outlays, and surplus or deficit in the Federal Old-Age and Survivors and Disability Insurance Trust Funds within the content of the concurrent budget resolution.
Authorizes a waiver or suspension in the Senate of points of order under this Act only with a three-fifths majority. Requires the same majority to sustain an appeal on a ruling on such points of order.
Requires any official Federal Government statement of the Federal or congressional budget surplus or deficit totals to exclude the outlays and receipts of the Old-Age, Survivors, and Disability Insurance Program under the Social Security Act. Requires such outlays and receipts to be submitted in separate social security budget documents.
Terminates the point of order and budget resolution content amendments made by this Act upon enactment of social security and Medicare reform legislation.
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 627.
Motion to reconsider laid on the table Agreed to without objection.
Rules Committee Resolution H. Res. 186 Reported to House. Rule provides for consideration of H.R. 1259 with 2 hours of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Bill is closed to amendments. The amendment specified in section 2 of H. Res. 186, the rule providing for consideration of the bill, shall be considered as adopted.
Rule H. Res. 186 passed House.
Considered under the provisions of rule H. Res. 186. (consideration: CR H3657-3679)
Rule provides for consideration of H.R. 1259 with 2 hours of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Bill is closed to amendments. The amendment specified in section 2 of H. Res. 186, the rule providing for consideration of the bill, shall be considered as adopted.
DEBATE - The House proceeded with two hours of debate on H.R. 1259. Pursuant to H. Res. 186, the two hours of debate will be equally divided and controlled among the chairmen and ranking minority members of the Committees on the Budget, Rules, and Ways and Means.
The previous question was ordered pursuant to the rule.
Mr. Rangel moved to recommit with instructions to Ways and Means.
MOTION TO RECOMMIT WITH INSTRUCTIONS - Mr. Rangel moved to recommit the bill to the Commmittee on Ways and Means with instructions to report the same back forthwith with amendments to preserve budget surpluses until Social Security and Medicare Solvency Legislation is enacted.
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The previous question on the motion to recommit with instructions was ordered without objection.
On motion to recommit with instructions Failed by the Yeas and Nays: 205 - 222 (Roll no. 163). (consideration: CR H3678)
Roll Call #163 (House)Passed/agreed to in House: On passage Passed by the Yeas and Nays: 416 - 12 (Roll no. 164).
Roll Call #164 (House)On passage Passed by the Yeas and Nays: 416 - 12 (Roll no. 164).
Roll Call #164 (House)Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate.
Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 152.
Measure laid before Senate by unanimous consent. (consideration: CR S6971)
Cloture motion on the bill presented in Senate. (consideration: CR S6971)
Considered by Senate. (consideration: CR S7078-7089)
Cloture not invoked in Senate by Yea-Nay Vote. 55-44. Record Vote No: 170. (consideration: CR S7089)
Roll Call #170 (Senate)Returned to the Calendar. Calendar No. 152.