National Committee to Preserve Social Security and Medicare
Tax Cut Reconciliation - Social Security and Medicare Solvency.
Harkin, D-IA, motion to
waive the Budget Act with respect to the Grassley, R-IA, point of order against the
Harkin amendment.
The Harkin amendment
would delay the effective date of
the tax rate reductions in the highest rate
bracket until the enactment of legislation
that would provide for long-term solvency
of the Social Security and Medicare Trust
Funds. A three-fifths majority vote (60)
of the total Senate is required to waive
the Budget Act. The motion was rejected.