Amendment in the nature of a substitute sought to reserve 100 percent of the Social Security surplus for Social Security, allocate 50 percent of the on-budget surplus to debt reduction, 25 percent for tax relief, and 25 percent for spending priorities.

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Amendment Number
41
Description
Amendment in the nature of a substitute sought to reserve 100 percent of the Social Security surplus for Social Security, allocate 50 percent of the on-budget surplus to debt reduction, 25 percent for tax relief, and 25 percent for spending priorities.
Purpose
An amendment numbered 2 in part 2 of House Report 106-77 and made in order by the rule to reserve 100% of the Social Security surplus for Social Security, and devotes one-half of the expected on-budget surplus to debt reduction, 25% for tax cuts, and the remaining 25% for investments in priority programs.
Congress
106
Type
HAMDT
Latest Action Date
Mar 25, 1999
Latest Action Text
On agreeing to the Minge amendment (A003) Failed by recorded vote: 134 - 295 (Roll no. 75).
Latest Action Time
17:54:50
Submitted Date
Mar 25, 1999
Chamber
House of Representatives
Update Date
Aug 15, 2021
Amendment 41 — Informed