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
- Sponsor
- Fritz Hollings
- 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.