An amendment providing a one year Cost of Living Adjustment (COLA) freeze for social security, federal retirees and veterans, with 20 percent of the savings from the COLA's freezes used to help social security beneficiaries at the poverty level. It calls for $12 billion in additional revenues, not to come from personal income taxes.

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Amendment Number
60
Description
An amendment providing a one year Cost of Living Adjustment (COLA) freeze for social security, federal retirees and veterans, with 20 percent of the savings from the COLA's freezes used to help social security beneficiaries at the poverty level. It calls for $12 billion in additional revenues, not to come from personal income taxes.
Congress
99
Type
HAMDT
Latest Action Date
May 23, 1985
Latest Action Text
Amendment Failed of Passage in Committee of Whole by Recorded Vote: 56 - 372 (Record Vote No: 129).
Submitted Date
May 23, 1985
Chamber
House of Representatives
Update Date
Jun 30, 2021
Amendment 60 — Informed