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February 26, 2007

House Legislation: Fiscal Policy

Payroll Taxes

H.R. 1090 - Rep. Ron Lewis [R-KY]
To amend the Social Security Act and the Internal Revenue Code of 1986 to preserve and strengthen the Social Security Program through the creation of personal Social Security guarantee accounts ensuring full benefits for all workers and their families, restoring long-term Social Security solvency, to make certain benefit improvements, and for other purposes.

Taxes

H.R. 1035 - Rep. Addison Wilson [R-SC]
To amend the Internal Revenue Code of 1986 to provide a nonrefundable personal credit to individuals who donate certain life-saving organs.

H.R. 1040 - Rep. Michael Burgess [R-TX]
To amend the Internal Revenue Code of 1986 to provide taxpayers a flat tax alternative to the current income tax system.

H.R. 1112 - Rep. Thomas Reynolds [R-NY]
To amend the Internal Revenue Code of 1986 to provide individuals relief from the alternative minimum tax.

Budget

H.R. 1121 - Rep. James Barrett [R-SC]
To amend the Balanced Budget and Emergency Deficit Control Act of 1985 to extend the discretionary spending limits through fiscal year 2012, to extend paygo for direct spending, and for other purposes.

H.R. 1122 - Rep. James Barrett [R-SC]
To amend the Congressional Budget Act of 1974 to simplify annual concurrent resolutions on the budget and to budget for emergencies.

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