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. WA-
TERS, 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. HEF-
NER, 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 regard-
ing 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 Disabil-
ity Insurance Trust Fund estimates that the Trust
•HRES 483 IH
Funds will be solvent for the next 34 years but may expe-
rience shortfalls thereafter;
Whereas the Board of Trustees believes that there is ample
time to discuss and examine alternative solutions with de-
liberation 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
Resolved, That it is the sense of the House of Rep-
resentatives—
(1) that the Congress must assure that the fun-
damental protections that Social Security provides
for American families are available for generations
to come;
(2) that the problems facing the Social Security
system are manageable, and can be prudently ad-
dressed by making careful and modest changes;
(3) that hastily conceived and radical solutions,
such as utilizing Social Security system resources to
fund individual accounts, require significant reduc-
tions in guaranteed benefits, are not necessary to as-
sure the financial solvency of the system, and should
be rejected;
•HRES 483 IH
(4) that solutions to a projected shortfall should
be enacted within the existing Social Security struc-
ture, without compromising the guaranteed nature
of benefits to individuals and families under the So-
cial Security system; and
(5) that any solutions adopted by the Congress
must be nondiscriminatory and equitable to Ameri-
cans of all ages and must, in the original spirit of
Social Security, help insure American workers and
their families against the economic risks associated
with disability, the death of a parent or spouse, and
retirement.
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