,,ii #aac? ,,congress #a/ ,session ,s4 #aaj ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,janu>y #bc 7legislative day1 ,janu>y #c71 #bjac ,mr4 ,vitt] introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ! ,budget ,a ,,bill ,to e/abli% a proc$ure to safegu>d ! ,social ,security ,tru/ ,funds4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,social ,security ,lock-,box ,act ( #bjac4 #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 surpluses %\ld be res]v$ = /r5g!n+ & pres]v+ ! ,social ,security ,tru/ ,funds2 & 7#c7 pres]v+ ,social ,security surpluses w\ld re/ore confid5ce 9 ! long-t]m f9ancial integrity ( ,social ,security4 7b7 ,purpose ,x is ! purpose ( ?is ,act to prev5t ! ,social ,security ,tru/ ,funds f be+ us$ = any purpose o!r ?an provid+ retirem5t security4 #c4 ,protection ( ,social ,security ,tru/ ,funds 7a7 ,protection ( ,social ,security ,title ,,iii ( ! ,congressional ,budget ,act ( #aigd is am5d$ by add+ at ! end ! foll[+ new section3 #caf4 ,lock-,box = ,social ,security 7a7 ,lock-,box = ,social ,security 7#a7 ,concurr5t resolutions on ! budget 7,a7 ,9 g5]al ,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 =? totals = any fiscal ye> ) respect to ! ,social ,security ,tru/ ,funds t are less ?an ! totals ( ! ,social ,security ,tru/ ,funds = t fiscal ye> z calculat$ 9 accordance ) a curr5t s]vices basel9e4 7,b7 ,exception 7i7 ,subp>agraph 7,a7 %all n apply to ! ext5t t a violation ( su* subp>agraph w\ld result f an assumption 9 ! resolution1 am5dm5t1 or conf]5ce report1 z applicable1 ( an increase 9 outlays or a decrease 9 rev5ues & disbursem5ts relative to ! basel9e und]ly+ t resolution = social security re=m legislation = any su* fiscal ye>4 7ii7 ,if a concurr5t resolution on ! budget1 or an am5dm5t !reto or conf]5ce report !reon1 w\ld be 9 violation ( subp>agraph 7,a7 because ( an assumption ( an increase 9 outlays or a decrease 9 rev5ue relative to ! basel9e und]ly+ t resolution = social security re=m legislation = any su* fiscal ye>1 !n t resolution %all include a /atem5t id5tify+ any su* increase 9 outlays or decrease 9 rev5ues & disbursem5ts4 7#b7 ,sp5d+ & tax legislation 7,a7 ,9 g5]al ,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-- 7i7 ! enactm5t ( t bill or resolution1 z report$2 7ii7 ! adoption & enactm5t ( t am5dm5t2 or 7iii7 ! enactm5t ( t bill or resolution 9 ! =m recomm5d$ 9 t conf]5ce report1 w\ld cause ! totals = any fiscal ye> cov]$ by ! mo/ rec5tly agre$ to concurr5t resolution on ! budget ) respect to ! ,social ,security ,tru/ ,funds to be less ?an ! totals ( ! ,social ,security ,tru/ ,funds = t fiscal ye> z calculat$ 9 accordance ) ! curr5t s]vices basel9e4 7,b7 ,exception ,subp>agraph 7,a7 %all n apply to social security re=m legislation4 7b7 ,en=cem5t ,= purposes ( en=c+ any po9t ( ord] "u subsection 7a71 ! totals ( ! ,social ,security ,tru/ ,funds = 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 ( ! totals 9 ! budget = ea* fiscal ye> set =? 9 su* resolution & ( ! rev5ues & disbursem5ts 9 ! ,social ,security ,tru/ ,funds4 7d7 ,def9itions ,z us$ 9 ?is section1 ! t]m social security re=m legislation means a bill or a jo9t resolution to save social security t includes a provision /at+ ! foll[+3 ,= purposes ( section #caf7;a7 ( ! ,congressional ,budget ,act ( #aigd1 ?is ,act con/itutes social security re=m legislation44 7e7 ,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 7f7 ,effective ,date ,?is section %all cease to h any =ce or effect ^u ! enactm5t ( social security re=m legislation4 4 7b7 ,con=m+ ,am5dm5t ,! table ( cont5ts set =? 9 section #a7;b7 ( ! ,congressional ,budget & ,imp\ndm5t ,control ,act ( #aigd is am5d$ by add+ aft] ! item = section #cae ! foll[+3 ,sec4 #caf4 ,lock-box = social security4 4 #d4 ,presid5t's budget 7a7 ,protection ( ,social ,security ,if ! budget ( ! ,unit$ ,/ates ,gov]nm5t submitt$ by ! ,presid5t "u section #aaje7;a7 ( title #ca1 ,unit$ ,/ates ,code1 recomm5ds totals = any fiscal ye> ) respect to ! ,social ,security ,tru/ ,funds t are less ?an ! totals ( ! ,social ,security ,tru/ ,funds = t fiscal ye> z calculat$ 9 accordance ) curr5t s]vices basel9e1 !n x %all include a detail$ proposal = social security re=m legislation4 7b7 ,effective ,date ,subsection 7a7 %all cease to h any =ce or effect ^u ! enactm5t ( social security re=m legislation z def9$ by section #caf7;d7 ( ! ,congressional ,budget ,act ( #aigd4