IV

105TH CONGRESS

2D SESSION H. RES. 483

Expressing the sense of the House of Representatives regarding strengthening

the Social Security system to meet the challenges of the next century.

IN THE HOUSE OF REPRESENTATIVES

JUNE 23, 1998

Mr. NADLER (for himself, Mr. ABERCROMBIE, Mr. BORSKI, Mr. BROWN of

California, Mrs. CLAYTON, Mr. CLYBURN, Mr. DAVIS of Illinois, Mr.

EVANS, Mr. FILNER, Mr. GREEN, Mr. HALL of Ohio, Mr. HINCHEY, Ms.

KAPTUR, Mr. KUCINICH, Mr. LEWIS of Georgia, Ms. MCKINNEY, Mrs.

MEEK of Florida, Mr. MILLER of California, Mr. MOAKLEY, Mr.

PALLONE, Ms. PELOSI, Mr. RAHALL, Mr. ROMERO-BARCELO ́, Mr. RUSH,

Mr. SCHUMER, Ms. SLAUGHTER, Mr. THOMPSON, Mr. TIERNEY, Ms. WATERS, Mr. YATES, Mr. BERMAN, Mr. BRADY of Pennsylvania, Mr.

BROWN of Ohio, Mr. CLEMENT, Mr. CONYERS, Mr. DEFAZIO, Mr. FARR

of California, Mr. FRANK of Massachusetts, Mr. GUTIERREZ, Mr. HEFNER, Ms. JACKSON-LEE of Texas, Mr. KILDEE, Mr. LAMPSON, Mr.

MCDERMOTT, Mrs. MALONEY of New York, Mr. MENENDEZ, Mrs. MINK

of Hawaii, Mr. OBERSTAR, Mr. PAYNE, Mr. POMEROY, Mr. RODRIGUEZ,

Ms. ROYBAL-ALLARD, Mr. SANDERS, Mr. SERRANO, Mr. STARK, Mrs.

THURMAN, Mr. TOWNS, Ms. WOOLSEY, Mr. LAFALCE, and Mr.

FALEOMAVAEGA) submitted the following resolution; which was referred

to the Committee on Ways and Means

RESOLUTION

Expressing the sense of the House of Representatives regarding strengthening the Social Security system to meet

the challenges of the next century.

Whereas the Board of Trustees of the Federal Old-Age and

Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund estimates that the Trust
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Funds will be solvent for the next 34 years but may experience shortfalls thereafter;

Whereas the Board of Trustees believes that there is ample

time to discuss and examine alternative solutions with deliberation and care;

Whereas the Board of Trustees believes that the long-range

balance of the Trust Funds could be restored within the

framework of the present Social Security structure; and

Whereas the Social Security system provides benefits to all

Americans at every stage of their lives, whether or not

they themselves receive Social Security checks: Now,

therefore, be it

1 Resolved, That it is the sense of the House of Rep2 resentatives—

3 (1) that the Congress must assure that the fun4 damental protections that Social Security provides

5 for American families are available for generations

6 to come;

7 (2) that the problems facing the Social Security

8 system are manageable, and can be prudently ad9 dressed by making careful and modest changes;

10 (3) that hastily conceived and radical solutions,

11 such as utilizing Social Security system resources to

12 fund individual accounts, require significant reduc13 tions in guaranteed benefits, are not necessary to as14 sure the financial solvency of the system, and should

15 be rejected;
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1 (4) that solutions to a projected shortfall should

2 be enacted within the existing Social Security struc3 ture, without compromising the guaranteed nature

4 of benefits to individuals and families under the So5 cial Security system; and

6 (5) that any solutions adopted by the Congress

7 must be nondiscriminatory and equitable to Ameri8 cans of all ages and must, in the original spirit of

9 Social Security, help insure American workers and

10 their families against the economic risks associated

11 with disability, the death of a parent or spouse, and

12 retirement.

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