Introduced in House
SOS Act
SEC. 1. SHORT TITLETrack this section →
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 FUNDTrack this section →
Section 202(e)(1) of the Congressional Budget and Impoundment Control Act of 1974 (2 U.S.C. 602(e)(1)) is amended by adding at the end the following: Such report 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: (A) 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 (B) 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..