US HB3161 | 2013-2014 | 113th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on September 20 2013 - 25% progression, died in committee
Action: 2013-09-20 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on September 20 2013 - 25% progression, died in committee
Action: 2013-09-20 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Prohibits disinvestment of the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, and the Federal Hospital Insurance Trust Fund amounts from public debt obligations, any refraining from making such investments, or any delay in making normal deposits in such Trust Funds for public debt limit-related purposes. Authorizes, with certain conditions, the sale of Trust Fund public debt obligations for the payment of cash benefits and administrative expenses.
Title
To protect the Social Security and Medicare trust funds from the public debt limit.
Sponsors
Rep. Randy Forbes [R-VA] |
History
Date | Chamber | Action |
---|---|---|
2013-09-20 | House | Referred to the House Committee on Ways and Means. |
Subjects
Budget deficits and national debt
Government trust funds
Medicare
Securities
Social security and elderly assistance
Social welfare
Government trust funds
Medicare
Securities
Social security and elderly assistance
Social welfare
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/113th-congress/house-bill/3161/all-info |
Text | https://www.congress.gov/113/bills/hr3161/BILLS-113hr3161ih.pdf |