Social Security and Medicare Lock-box Act of 2003
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Defines "baseline budget surplus" as the sum of the on- and off-budget surpluses contained in the most recent baseline budget projections by the Congressional Budget Office at the beginning of the annual budget cycle and no later than the month of March.
Establishes conditions under which a portion of such surpluses is determined to be used in the case of legislation affecting revenues or direct spending or an appropriations bill.
Referred to the Subcommittee on the Legislative and Budget Process.
- Introduced in House Formatted Text PDF
Cite this page
U.S. Congress. (2026). H.R. 127: Social Security and Medicare Lock-box Act of 2003. 108th Congress. Open America. https://openamerica.io/bill/108-HR-127/
"H.R. 127: Social Security and Medicare Lock-box Act of 2003." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-HR-127/.
H.R. 127, 108th Cong. (2026), https://openamerica.io/bill/108-HR-127/.
[H.R. 127: Social Security and Medicare Lock-box Act of 2003](https://openamerica.io/bill/108-HR-127/)