[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H. Res. 483 Introduced in House (IH)]







105th CONGRESS
  2d Session
H. RES. 483

    Expressing the sense of the House of Representatives regarding 
strengthening the Social Security system to meet the challenges of the 
                             next century.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             June 23, 1998

  Mr. Nadler (for himself, Mr. Abercrombie, Mr. Borski, Mr. Brown of 
   California, Mrs. Clayton, Mr. Clyburn, Mr. Davis of Illinois, Mr. 
   Evans, Mr. Filner, Mr. Green, Mr. Hall of Ohio, Mr. Hinchey, Ms. 
Kaptur, Mr. Kucinich, Mr. Lewis of Georgia, Ms. McKinney, Mrs. Meek of 
   Florida, Mr. Miller of California, Mr. Moakley, Mr. Pallone, Ms. 
  Pelosi, Mr. Rahall, Mr. Romero-Barcelo, Mr. Rush, Mr. Schumer, Ms. 
   Slaughter, Mr. Thompson, Mr. Tierney, Ms. Waters, Mr. Yates, Mr. 
Berman, Mr. Brady of Pennsylvania, Mr. Brown of Ohio, Mr. Clement, Mr. 
      Conyers, Mr. DeFazio, Mr. Farr of California, Mr. Frank of 
Massachusetts, Mr. Gutierrez, Mr. Hefner, Ms. Jackson-Lee of Texas, Mr. 
   Kildee, Mr. Lampson, Mr. McDermott, Mrs. Maloney of New York, Mr. 
 Menendez, Mrs. Mink of Hawaii, Mr. Oberstar, Mr. Payne, Mr. Pomeroy, 
Mr. Rodriguez, Ms. Roybal-Allard, Mr. Sanders, Mr. Serrano, Mr. Stark, 
      Mrs. Thurman, Mr. Towns, Ms. Woolsey, Mr. LaFalce, and Mr. 
Faleomavaega) submitted the following resolution; which was referred to 
                    the Committee on Ways and Means

_______________________________________________________________________

                               RESOLUTION


 
    Expressing the sense of the House of Representatives regarding 
strengthening the Social Security system to meet the challenges of the 
                             next century.

Whereas the Board of Trustees of the Federal Old-Age and Survivors Insurance 
        Trust Fund and the Federal Disability Insurance Trust Fund estimates 
        that the Trust Funds will be solvent for the next 34 years but may 
        experience shortfalls thereafter;
Whereas the Board of Trustees believes that there is ample time to discuss and 
        examine alternative solutions with deliberation and care;
Whereas the Board of Trustees believes that the long-range balance of the Trust 
        Funds could be restored within the framework of the present Social 
        Security structure; and
Whereas the Social Security system provides benefits to all Americans at every 
        stage of their lives, whether or not they themselves receive Social 
        Security checks: Now, therefore, be it
    Resolved, That it is the sense of the House of Representatives--
            (1) that the Congress must assure that the fundamental 
        protections that Social Security provides for American families 
        are available for generations to come;
            (2) that the problems facing the Social Security system are 
        manageable, and can be prudently addressed by making careful 
        and modest changes;
            (3) that hastily conceived and radical solutions, such as 
        utilizing Social Security system resources to fund individual 
        accounts, require significant reductions in guaranteed 
        benefits, are not necessary to assure the financial solvency of 
        the system, and should be rejected;
            (4) that solutions to a projected shortfall should be 
        enacted within the existing Social Security structure, without 
        compromising the guaranteed nature of benefits to individuals 
        and families under the Social Security system; and
            (5) that any solutions adopted by the Congress must be 
        nondiscriminatory and equitable to Americans of all ages and 
        must, in the original spirit of Social Security, help insure 
        American workers and their families against the economic risks 
        associated with disability, the death of a parent or spouse, 
        and retirement.
                                 <all>