PlainBillCongress, translated.Legislation. Context. Public interest.Pursuant to the provisions of H. Res. 552, H.R. 4578 is laid on the table. (consideration: CR H8973)
Congressional Research Service
Version 00 · Introduced in House · Sep 16, 1998
Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to establish in the Treasury the Protect Social Security Account to save budget surpluses until a reform measure is enacted to ensure the long-term solvency of the OASDI trust funds. Requires the Secretary of the Treasury to: (1) pay into the Account annually during each fiscal-year period from FY 1998 through 2008 amounts totalling, in the aggregate, 90 percent of the projected surplus (if any) in the total Government budget (including both on-budget and off-budget accounts) for that fiscal-year period; and (2) invest the funds held in the Account in public debt obligations.
People & committees
Rep. Archer, Bill [R-TX-7] · R–TX
Legislative record
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Pursuant to the provisions of H. Res. 552, H.R. 4578 is laid on the table. (consideration: CR H8973)
Motion to reconsider laid on the table Agreed to without objection.
On passage Passed by recorded vote: 240 - 188 (Roll No. 464).
House roll call 464 · Individual votesPassed/agreed to in House: On passage Passed by recorded vote: 240 - 188 (Roll No. 464).
House roll call 464 · Individual votesThe previous question was ordered pursuant to the rule.
DEBATE - Pursuant to the rule, the House proceeded with 1 hour of debate on the amendment offered by Mr. Rangel.
GENERAL DEBATE - The House proceeded with one hour of general debate.
Rule provides for consideration of H.R. 4578 and H.R. 4579 with 1 hour of general debate. H.R. 4578 shall be considered in the House and considered as read. The amendment recommended by the Committee on Ways and Means now printed in the bill shall be considered as adopted. A further amendment printed in the Congressional Record numbered 1, if offered by Mr. Rangel, or his designee, shall be debatable for 1 hour. After disposition of H.R. 4578, the House will take up consideration of H.R. 4579 which shall be considered as read. The amendment recommended by the Committee on Ways and Means now printed in the bill, modified by the amendment printed in the report of the Committee on Rules shall be considered as adopted. A further amendment printed in the Congressional Record numbered 1, if offered by Mr. Rangel, or his designee shall be debatable for 1 hour.
Considered under the provisions of rule H. Res. 552. (consideration: CR H8732-8756)
Rules Committee Resolution H. Res. 552 Reported to House. Rule provides for consideration of H.R. 4578 and H.R. 4579 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. H.R. 4578 shall be considered in the House and considered as read for amendment. The amendment recommended by the Committee on Ways and Means now printed in the bill shall be considered as adopted. A further amendment printed in the Congressional Record numbered 1, if offered by Mr. Rangel, shall be in order and debatable for 1 hour. Measure will be considered read. A specified amendment is in order. In the engrossment of H.R. 4579, the Clerk shall add the text of H.R. 4578, as passed the House, as new matter at the end of H.R. 4579; conform the title of H.R. 4579 to reflect the addition of the text of H.R. 4578 to the engrossment; asign appropriate designations to provisions, and conform cross referen...
Placed on the Union Calendar, Calendar No. 425.
Reported (Amended) by the Committee on Ways and Means. H. Rept. 105-738.
Reported (Amended) by the Committee on Ways and Means. H. Rept. 105-738.
Ordered to be Reported (Amended) by Voice Vote.
Committee Consideration and Mark-up Session Held.
Referred to the House Committee on Ways and Means.
Introduced in House
Introduced in House
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Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.
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Analyze H.R.4578 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.
Examine H.R.4578 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.
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