John Cornyn on Social Security

Last Updated : Nov 09, 2010

Summary

While not as active on Social Security as other matters, Senator Cornyn has been vocal about his belief that the solvency of social security should be checked, established, and maintained. In 2006, he introduced legislation mandating a review of the program to ensure that it's solvency for the next 75 years through the creation of a bipartisan commission.

In 2009, Senator Cornyn again called for this bipartisan commission when he joined with Senator Feinstein in cosponsoring the Social Security and Medicare Solvency Commission Act.

 

Social Security Solvency

In June of 2006, Senator Cornyn released a press statement noting legislation he had introduced mandating a review of the 75-year solvency of the Social Security and Medicare programs. The bill would create a bipartisan commission which would provide specific legislative recommendations to the President and to Congress on ways to improve and strengthen the nation's largest entitlement programs. 

 

Social Security and Medicare Solvency Commission Act

In April of 2009, Senator Cornyn released a press statement noting his support for fiscal responsibility and recent legislation he had co-sponsored to create a bi-partisan commission to reform mandates.

Voting Record

Temporary Payroll Tax Cut Continuation Act of 2011

In February of 2012, the Senate voted on accepting the conference report for the Temporary Payroll Tax Cut Continuation Act of 2011. The legislation extended unemployment benefits, forced a decision on the Keystone Pipeline project, and provided for certain medicare levels. Mainly, the legislation continued the 2% employer side reduction in payroll taxes for social security. This reduction is funded by bringing money into social security from the general revenue fund, thus adding to the debt. The legislation passed the Senate 60-36. John Cornyn voted against the legislation.

John Cornyn voted against the legislation.

Amendment - Social Security Reserve Fund

In 2007, congress attempted to pass an amendment to create a reserve fund for social security. This action was prompted by the increasing awareness that the Social Security program may not be financially solvent in the near future. Opponents claimed that the move was an end-around method to privatize social security. The amendment was largely supported by Republicans and largely opposed by Democrats. The amendment failed in a 45-52 vote. John Cornyn voted in favor of the amendment to create a reserve fund for social security.

John Cornyn voted in favor of the amendment to create a reserve fund for social security.

 

Sponsored and Cosponsored Legislation

Session-112; Bill Number-S 181; Social Security Totalization Agreement Reform Act of 2011 - Cosponsor

Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to provide that any agreement to establish a totalization arrangement which is entered into with another country shall enter into force with respect to the United States if (and only if): (1) the President, at least 90 calendar days before the date on which he enters into the agreement, notifies each House of Congress of his intention to enter into it, and promply thereafter publishes notice of such intention in the Federal Register; (2) he transmits the text of such agreement to each House of the Congress; and (3) a joint resolution regarding such agreement has passed both Houses of Congress and been enacted into federal law. Sets forth procedures for the consideration of such a joint resolution.

Session-111; Bill Number-S 276; Social Security and Medicare Solvency Commission Act - Cosponsor

Establishes the National Commission on Entitlement Solvency to review and report to the President and Congress on the Social Security and Medicare programs with respect to: (1) their current and long-term actuarial financial condition; (2) problems that may threaten their long-term solvency, and potential solutions; and (3) recommendations and proposed legislative language that will ensure their long-term solvency and the provision of appropriate benefits. Provides for expedited congressional consideration of Commission recommendations.

Session-111; Bill Number-S 42; Social Security Totalization Agreement Reform Act of 2009 - Cosponsor

Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to provide that any agreement to establish a totalization arrangement which is entered into with another country shall enter into force with respect to the United States if (and only if): (1) the President, at least 90 calendar days before the date on which he enters into the agreement, notifies each House of Congress of his intention to enter into it, and promply thereafter publishes notice of such intention in the Federal Register; (2) he transmits the text of such agreement to each House of the Congress; and (3) a joint resolution regarding such agreement has passed both Houses of Congress and been enacted into federal law. Sets forth procedures for the consideration of such a joint resolution.

Session-110; Bill Number-S 43; Social Security Totalization Agreement Reform Act of 2007 - Cosponsor

A bill to amend title II of the Social Security Act to preserve and protect Social Security benefits of American workers and to help ensure greater congressional oversight of the Social Security system by requiring that both Houses of Congress approve a totalization agreement before the agreement, giving foreign workers Social Security benefits, can go into effect.

Session-109; Bill Number-S 1768; Social Security Surplus Preservation and Debt Reduction Act - Cosponsor

Amends the Congressional Budget Act of 1974 to make it out of order in the Senate to consider a concurrent budget resolution (or amendment thereto or conference report thereon) that violates a provision of the Budget Enforcement Act of 1990 that provides that the receipts and disbursements of the Federal Old-Age and Survivors and Disability Insurance Trust Funds (social security trust funds) shall not be counted for purposes of the presidential or congressional budget or the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act).Makes it out of order in the Senate to consider a concurrent budget resolution (or amendment thereto or conference report thereon) that sets forth a deficit for any fiscal year. Makes such point of order inapplicable if the deficit for a fiscal year results solely from the enactment of social security reform legislation or provisions designated as emergency requirements.Expresses the sense of the Senate that the congressional budget resolution for FY 2000 provides a sound framework for allocating resources to Medicare to modernize Medicare benefits, improve the solvency of the program, and improve coverage of prescription drugs.

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