Amendment conditions the transfer of funds to the Conservation and Reinvestment trust fund upon Social Security and Medicare solvency certifications.

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Amendment Number
687
Description
Amendment conditions the transfer of funds to the Conservation and Reinvestment trust fund upon Social Security and Medicare solvency certifications.
Purpose
An amendment numbered 6 printed in House Report 106-612 to condition the annual transfer of funds to the CARA Trust Fund on the following: certification that Congress is on track to eliminate all publicly held debt by 2013; certification that there is not an on-budget deficit; certification that Social Security is not scheduled to run a deficit within the next 5 years; and certification that Medicare is not scheduled to run a deficit within the next 5 years.
Congress
106
Type
HAMDT
Latest Action Date
May 10, 2000
Latest Action Text
On agreeing to the Shadegg amendment (A006) Agreed to by recorded vote: 216 - 208 (Roll no. 163). (text: CR H2872)
Latest Action Time
21:53:56
Submitted Date
May 10, 2000
Chamber
House of Representatives
Update Date
Aug 15, 2021
Amendment 687 — Informed