[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[H. Res. 306 Engrossed in House (EH)]


                 In the House of Representatives, U.S.,

                                                    September 28, 1999.
Whereas, earlier this year, the House of Representatives passed a Social 
        Security lockbox designed to protect the Social Security surplus by an 
        overwhelming vote of 416 to 12;
Whereas bipartisan efforts over the past few years have eliminated the budget 
        deficit and created a projected combined Social Security and non-Social 
        Security surplus of $2,896,000,000,000 over the next 10 years;
Whereas this surplus is largely due to the collection of the Social Security 
        taxes and interest on already collected receipts in the trust fund;
Whereas the President and the Congress have not reached an agreement to use any 
        of the non-Social Security surplus on providing tax relief; and
Whereas any unspent portion of the projected surplus will have the effect of 
        reducing the debt held by the public: Now, therefore, be it
    Resolved, That it is the sense of the the House of Representatives that the 
House--
            (1) should not consider legislation that would spend any of the 
        Social Security surplus; and
            (2) should continue to pursue efforts to continue to reduce the 
        $3,618,000,000,000 in debt held by the public.
            Attest:

                                                                          Clerk.