S.Amdt. 1288Senate115th Congress (2017-2019)2nd degree
S.Amdt. 1288
Sponsored by
Sen. Rand Paul (R-KY)
Submitted October 18, 2017
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Senate amendment submitted
October 18, 2017
Text
Submitted
SA 1288. Mr. PAUL submitted an amendment intended to be proposed to amendment SA 1116 proposed by Mr. Enzi to the concurrent resolution H. Con. Res. 71, establishing the congressional budget for the United States Government for fiscal year 2018 and setting forth the appropriate budgetary levels for fiscal years 2019 through 2027; which was ordered to lie on the table; as follows: At the end of subtitle A of title IV, add the following: SEC. 41__. POINT OF ORDER AGAINST CONSIDERATION OF A CONCURRENT RESOLUTION ON THE BUDGET THAT DOES NOT INCLUDE INFORMATION RELATING TO THE SOLVENCY OF THE SOCIAL SECURITY TRUST FUNDS. (a) Point of Order.--It shall not be in order in the Senate to consider any concurrent resolution on the budget for a fiscal year, or any amendment thereto, or any conference report thereon, which does not include the following information: (1) The year in which the asset reserves of the Federal Old-Age and Survivors Insurance [[Page S6564]] Trust Fund are projected to become depleted (as estimated by the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds). (2) The year in which the asset reserves of the Federal Disability Insurance Trust Fund are projected to become depleted (as estimated by the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds). (3) For each of the years identified under paragraph (1) and (2), the projected amount (expressed as a percentage) by which benefits scheduled to be paid under the Federal Old-Age and Survivors Insurance Trust Fund or the Federal Disability Insurance Trust Fund, as applicable, shall be reduced as a result of the trust fund having insufficient assets to meet its obligations (as estimated by the Board of Trustees of the Federal Old-Age and Survivors Insurance and Federal Disability Insurance Trust Funds). (b) Waiver and Appeal.--Subsection (a) may be waived or suspended in the Senate only by an affirmative vote of three- fifths of the Members, duly chosen and sworn. An affirmative vote of three-fifths of the Members of the Senate, duly chosen and sworn, shall be required to sustain an appeal of the ruling of the Chair on a point of order raised under subsection (a). ______