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HOUSE 1113115th CongressReferred to the Subcommittee on Social Security.

Social Security Protection and Truth in Budgeting Act of 2017

Last Action
3/2/2017

Actions

  • 2017-03-02Referred to the Subcommittee on Social Security.
  • 2017-02-16Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • 2017-02-16Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • 2017-02-16Referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
  • 2017-02-16Introduced in House
  • 2017-02-16Introduced in House

CRS Summary

As of 2017-02-16 (00)

Social Security Protection and Truth in Budgeting Act of 2017

This bill amends title II (Old Age, Survivors, and Disability Insurance) (OASDI) of the Social Security Act to: (1) separate the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund ("Social Security trust funds") from the federal budget; and (2) specify that amounts made available to the Social Security trust funds from Social Security taxes be used solely for OASDI purposes, and not for the establishment or funding of private accounts.

Subjects

  • Budget deficits and national debt
  • Employment taxes
  • Financial services and investments
  • Government trust funds
  • Social security and elderly assistance
Read on Congress.gov

Sourced from Congress.gov (public domain).

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