[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 3972 Introduced in Senate (IS)]

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118th CONGRESS
  2d Session
                                S. 3972

 To amend the Congressional Budget and Impoundment Control Act of 1974 
   to require the Congressional Budget Office to provide to Congress 
information on payments from the Old-Age and Survivors Insurance Trust 
 Fund and the Disability Insurance Trust Fund, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             March 19, 2024

 Mr. Cassidy (for himself, Mr. Manchin, and Mr. Braun) introduced the 
 following bill; which was read twice and referred to the Committee on 
                               the Budget

_______________________________________________________________________

                                 A BILL


 
 To amend the Congressional Budget and Impoundment Control Act of 1974 
   to require the Congressional Budget Office to provide to Congress 
information on payments from the Old-Age and Survivors Insurance Trust 
 Fund and the Disability Insurance Trust Fund, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Save Our Seniors Act'' or the ``SOS 
Act''.

SEC. 2. INFORMATION ON PAYMENTS FROM THE OLD-AGE AND SURVIVORS 
              INSURANCE TRUST FUND AND THE DISABILITY INSURANCE TRUST 
              FUND.

    Section 202(e)(1) of the Congressional Budget and Impoundment 
Control Act of 1974 (2 U.S.C. 602(e)(1)) is amended--
            (1) by inserting ``(A)'' before ``On or before February 
        15'';
            (2) by striking ``including (A) alternative'' and inserting 
        the following: ``including--
                    ``(i) alternative'';
            (3) by striking ``deficits), (B) the levels'' and inserting 
        the following: ``deficits);
                    ``(ii) the levels'';
            (4) by striking ``year, and (C) a statement'' and inserting 
        the following: ``year; and
                    ``(iii) a statement'';
            (5) by striking ``Such report'' and inserting the 
        following:
            ``(B) Each report under subparagraph (A)''; and
            (6) by adding at the end the following:
            ``(C) Each report under subparagraph (A) shall include a 
        comparison, expressed in graph format and included with other 
        information in the report on the Old-Age and Survivors 
        Insurance Trust Fund and the Disability Insurance Trust Fund, 
        between--
                    ``(i) the amount assumed under section 257(b)(1) of 
                the Balanced Budget and Emergency Deficit Control Act 
                of 1985 (2 U.S.C. 907(b)(1)); and
                    ``(ii) outlays from payments from such trust funds 
                based on the assumption that payments would be 
                consistent with the amounts payable from dedicated 
                funding sources as under current law.''.
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