S. 88 · 108th Congress

A bill to amend the Internal Revenue Code of 1986 to suspend future reductions of income tax rates if the Social Security surpluses are used to fund such tax rate cuts.

Stage
In committee
Introduced
2003-01-07
Latest action
2003-01-07 · Introduced in Senate

Summary

Amends the Internal Revenue Code to provide that if there exists a Federal on-budget deficit income tax rate reductions shall be suspended until it is determined that such a deficit does not exist.