S. 1693 — Social Security Surplus Protection Act of 1999

Summary

Social Security Surplus Protection Act of 1999 - Amends the Gramm-Rudman-Hollings Act to provide for a sequestration to eliminate any on-budget deficit (excluding any surplus in the social security trust funds). Provides that such deficit shall not be subject to adjustment for any purpose.

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1999-10-05
Introduced in Senate
1999-10-05
Read twice and referred to the Committee on Budget; Governmental Affairs pursuant to the order of August 4, 1977, with instructions that if one Committee reports, the other Committee have thirty days to report or be discharged.

Social Security Surplus Protection Act of 1999

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