Amends titles II (Old Age, Survivors and Disability Insurance) and XVIII (Medicare) of the Social Security Act and the Internal Revenue Code to finance the payment of disability insurance benefits and hospital insurance benefits through general tax revenues.
Adjusts the tax rates applicable to employers, employees, and self-employment income to finance the old age and survivors insurance program.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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