,i #aac? ,,congress #a/ ,session ,h4 ,r4 #agac ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,april #bd1 #bjac ,mr4 ,murphy ( ,p5nsylvania 7= himself1 ,mr4 ,heck ( ,nevada1 ,mr4 ,meehan1 & ,mr4 ,g]la*7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,rules1 & 9 addition to ! ,committee on ! ,budget1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to e/abli% a proc$ure to safegu>d ! surpluses ( ! ,social ,security & ,m$ic>e hospital insurance tru/ funds4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,social ,security & ,m$ic>e ,protection ,act4 #b4 ,f9d+s & purpose 7a7 ,f9d+s ,! ,congress f9ds t-- 7#a7 fiscal pressures w m\nt z an ag+ population increases ! ,gov]nm5t's obligations to provide retirem5t income & heal? s]vices2 7#b7 ,social ,security & ,m$ic>e surpluses %\ld be res]v$ = /r5g!n+ & pres]v+ ! ,social ,security tru/ funds2 & 7#c7 pres]v+ ,social ,security & ,m$ic>e surpluses w\ld re/ore confid5ce 9 ! long-t]m f9ancial integrity ( ,social ,security & ,m$ic>e4 7b7 ,purpose ,x is ! purpose ( ?is ,act to prev5t ! ,social ,security & ,m$ic>e hospital insurance tru/ funds f be+ us$ = any purpose o!r ?an provid+ retirem5t & heal? security4 #c4 ,protection ( ,social ,security & ,m$ic>e surpluses 7a7 ,protection ( ,social ,security & ,m$ic>e surpluses ,title ,,iii ( ! ,congressional ,budget ,act ( #aigd is am5d$ by add+ at ! end ! foll[+ new section3 #caf4 ,protection = ,social ,security & hospital insurance surpluses 7a7 ,protection = ,social ,security & hospital insurance ,surpluses 7#a7 ,concurr5t resolutions on ! budget ,x %all n be 9 ord] 9 ! ,h\se ( ,repres5tatives or ! ,s5ate to consid] any concurr5t resolution on ! budget1 or an am5dm5t !reto or conf]5ce report !reon1 t w\ld set =? a surplus = any fiscal ye> t is less ?an ! comb9$ surpluses ( ! ,f$]al ,hospital ,insurance ,tru/ ,fund1 ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund1 & ! ,f$]al ,disability ,insurance ,tru/ ,fund = t fiscal ye>4 7#b7 ,sp5d+ & tax legislation ,x %all n be 9 ord] 9 ! ,h\se ( ,repres5tatives or ! ,s5ate to consid] any bill1 jo9t resolution1 am5dm5t1 motion1 or conf]5ce report if-- 7,a7 ! enactm5t ( t bill or resolution1 z report$2 7,b7 ! adoption & enactm5t ( t am5dm5t2 or 7,c7 ! enactm5t ( t bill or resolution 9 ! =m recomm5d$ 9 t conf]5ce report1 w\ld cause ! surplus = any fiscal ye> cov]$ by ! mo/ rec5tly agre$ to concurr5t resolution on ! budget to be less ?an ! comb9$ surpluses ( ! ,f$]al ,hospital ,insurance ,tru/ ,fund1 ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund1 & ! ,f$]al ,disability ,insurance ,tru/ ,fund = t fiscal ye>4 7b7 ,en=cem5t 7#a7 ,budget>y levels ) respect to concurr5t resolutions on ! budget ,= purposes ( en=c+ any po9t ( ord] "u subsection 7a77#a71 ! surplus = any fiscal ye> %all be-- 7,a7 ! levels set =? 9 ! lat] ( ! concurr5t resolution on ! budget1 z report$1 or 9 ! conf]5ce report on ! concurr5t resolution on ! budget2 & 7,b7 adju/$ to ! maximum ext5t all[able "u all proc$ures t all[ budget>y aggregates to be adju/$ = legislation t w\ld cause a decrease 9 ! surplus = any fiscal ye> cov]$ by ! concurr5t resolution on ! budget 7o!r ?an proc$ures describ$ 9 p>agraph 7#b77;,b774 7#b7 ,curr5t levels ) respect to sp5d+ & tax legislation ,= purposes ( en=c+ subsection 7a77#b71 ! curr5t levels ( ! surplus = any fiscal ye> %all be-- 7,a7 calculat$ us+ ! foll[+ assumptions-- 7i7 direct sp5d+ & rev5ue levels at ! basel9e levels und]ly+ ! mo/ rec5tly agre$ to concurr5t resolution on ! budget2 & 7ii7 = ! budget ye>1 discretion>y sp5d+ levels at curr5t law levels &1 = outye>s1 discretion>y sp5d+ levels at ! basel9e levels und]ly+ ! mo/ rec5tly agre$ to concurr5t resolution on ! budget2 & 7,b7 adju/$ = *anges 9 ! surplus levels set =? 9 ! mo/ rec5tly agre$ to concurr5t resolution on ! budget pursuant to proc$ures 9 su* resolution t au?orize adju/m5ts 9 budget>y aggregates = updat$ economic & te*nical assumptions 9 ! mid-session report ( ! ,director ( ! ,congressional ,budget ,(fice4 ,su* revisions %all be includ$ 9 ! fir/ curr5t level report on ! congressional budget submitt$ = publication 9 ! ,congressional ,record aft] ! release ( su* mid-session report4 7#c7 ,disclosure ( ,,hi & ,social ,security surpluses ,= purposes ( en=c+ any po9t ( ord] "u subsection 7a71 ! comb9$ surpluses ( ! ,f$]al ,hospital ,insurance ,tru/ ,fund1 ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund1 & ! ,f$]al ,disability ,insurance ,tru/ ,fund = a fiscal ye> %all be ! levels set =? 9 ! lat] ( ! report accompany+ ! concurr5t resolution on ! budget 7or1 9 ! abs5ce ( su* a report1 plac$ 9 ! ,congressional ,record prior to ! consid]ation ( su* resolution7 or 9 ! jo9t explanatory /atem5t ( manag]s accompany+ su* resolution4 7c7 ,additional ,cont5t ( reports accompany+ budget resolutions & ( jo9t explanatory /atem5ts ,! report accompany+ any concurr5t resolution on ! budget & ! jo9t explanatory /atem5t accompany+ ! conf]5ce report on ea* su* resolution %all include ! levels ( ! surplus 9 ! budget = ea* fiscal ye> set =? 9 su* resolution & ( ! surplus or deficit 9 ! ,f$]al ,hospital ,insurance ,tru/ ,fund1 ! ,f$]al ,old-,age & ,survivors ,insurance ,tru/ ,fund1 & ! ,f$]al ,disability ,insurance ,tru/ ,fund1 calculat$ us+ ! assumptions set =? 9 subsection 7b77#b74 7d7 ,waiv] & appeal ,subsection 7a7 may be waiv$ or susp5d$ 9 ! ,s5ate only by an affirmative vote ( ?ree-fif?s ( ! ,memb]s1 duly *os5 & sworn4 ,an affirmative vote ( ?ree-fif?s ( ! ,memb]s ( ! ,s5ate1 duly *os5 & sworn1 %all be requir$ 9 ! ,s5ate to su/a9 an appeal ( ! rul+ ( ! ,*air on a po9t ( ord] rais$ "u ?is section4 4 7b7 ,con=m+ am5dm5t ,! table ( cont5ts set =? 9 section #a7;b7 ( ! ,congressional ,budget & ,imp\ndm5t ,control ,act ( #aigd is am5d$ by ins]t+ aft] ! item relat+ to section #cae ! foll[+ new item3 ,sec4 #caf4 ,protection = ,social ,security & hospital insurance surpluses4 4