[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.J. Res. 319 Introduced in House (IH)]

103d CONGRESS
  2d Session
H. J. RES. 319

Directing the Secretary of Health and Human Services to propose to the 
   Congress, not later than May 18, 1994, possible solutions to the 
   impending deficit in the Federal Disability Insurance Trust Fund.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            February 8, 1994

   Mr. Bachus of Alabama (for himself and Mr. Ewing) introduced the 
following joint resolution; which was referred to the Committee on Ways 
                               and Means

_______________________________________________________________________

                            JOINT RESOLUTION


 
Directing the Secretary of Health and Human Services to propose to the 
   Congress, not later than May 18, 1994, possible solutions to the 
   impending deficit in the Federal Disability Insurance Trust Fund.

Whereas the Federal Disability Insurance Trust Fund established under title II 
        of the Social Security Act is expected to run out of money by the end of 
        1995;
Whereas the Federal Disability Insurance Trust Fund paid in 1992 more than 
        $31,000,000,000 in benefits and these payments are expected to increase 
        dramatically in the future;
Whereas solutions are needed to replenish the Federal Disability Insurance Trust 
        Fund prior to the end of 1995;
Whereas taking money out of the Federal Old-Age and Survivors Insurance Trust 
        Fund is not an acceptable solution;
Whereas taking money out of the general fund of the Treasury, thereby adding to 
        the deficit, is not an acceptable solution; and
Whereas a lack of action could negatively impact the Federal Old-Age and 
        Survivors Insurance Trust Fund affecting its over 36,000,000 
        beneficiaries: Now, therefore, be it
    Resolved by the Senate and House of Representatives of the United 
States of America in Congress assembled, That the Secretary of Health 
and Human Services shall, as soon as possible after the enactment of 
this Joint Resolution, conduct a study of the factors threatening the 
solvency of the Federal Disability Insurance Trust Fund and shall, not 
later than May 18, 1994, submit a report to each House of the Congress 
setting forth the results of such study, together with proposals of 
possible solutions to the impending deficit in the Federal Disability 
Insurance Trust Fund.

                                 <all>