Baron P. Hill: “Mr. Hill of Indiana moves that the bill, H.R. 6, be recommitted to the Committee on Ways and Means with instructions to…”

“Mr. Hill of Indiana moves that the bill, H.R. 6, be recommitted to the Committee on Ways and Means with instructions to report back promptly to the House, with an amendment-- (1) which corrects the disparity in the Tax Code affecting married couples, including those married couples receiving the EIC, commonly known as the ``marriage penalty'' and ensures this correction is fully available to middle income married couples with children, and (2) which provides that the effectiveness of the tax reduction contained therein is contingent on a certification by the Director of the Office of Management and Budget, based on the most recently adopted concurrent resolution on the budget and any other legislation enacted by the date of the certification, that: (a) there is a comprehensive budget framework which provides resources for debt retirement, strengthening Social Security and Medicare, tax relief and investing in other priorities; (b) a portion of the on-budget surplus is reserved for debt retirement that is sufficient to put the government on a path to eliminate the public held debt by 2013 under current economic and technical projections; (c) there are protections (comparable to those applicable to the Social Security Trust Fund surpluses) to ensure that funds reserved for debt retirement may not be used for any other purpose, except for adjus...”