A bill to establish an off-budget lockbox to strengthen Social Security and Medicare.
Provides for related points of order in the House of Representatives and the Senate to enforce such requirement.
Amends the Social Security Act to provide the same budgetary treatment for the Federal Hospital Insurance Trust Fund as is provided to the Federal Disability and Old-Age and Survivors Insurance Trust Funds.
Amends the Congressional Budget Act of 1974 to provide a point of order in the House or the Senate against consideration of any budget resolution or legislation that would cause or increase an on-budget deficit for any fiscal year.
Referred to the Subcommittee on Health.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Senate Committee on Finance discharged by Unanimous Consent.
Senate Committee on Finance discharged by Unanimous Consent.
Referred to the Committee on the 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.
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