Extension of Reforming Social Security Act
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Author Topic: Extension of Reforming Social Security Act  (Read 2726 times)
MasterJedi
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« on: April 27, 2006, 06:00:55 AM »
Extension of the Reforming Social Security Act


1.   The Senate shall continue the work of the Reforming Social Security Act.
2.   A program is hereby implemented that explores the idea of extending the benefits and privileges of the Thrift Savings Plan to the general populace.
a.   The said plan shall be first implemented on a trial basis with 1000 randomly selected volunteers for each of the G, S, C, F, I, and L funds.
b.   This trial shall last for a duration of 10 years, with a report being made every three months to the Senate by the Federal Retirement Thrift Investment Board.
c.   At any time before or after the ten year deadline of the trial, the Senate of the Republic of Atlasia shall further explore the idea of extending the Thrift Savings Plan to the general public.
3.   Section 2, Clause D of the Reforming Social Security Act is hereby repealed.
____________________________________________________________

Sponsor: Sen. MasterJedi
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True Democrat
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Junior Chimp
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« Reply #1 on: April 27, 2006, 03:08:33 PM »
If you have any questions, feel free to ask.
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Peter
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« Reply #2 on: April 28, 2006, 08:05:51 AM »
Why is this good?
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True Democrat
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Junior Chimp
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« Reply #3 on: April 28, 2006, 06:24:38 PM »

Let me just remind that this is just an extension of a bill already passed by the Senate (which I guess is really obvious anyway).

So, why is this good?

Well, I think we should at least explore other options for social security before assuming all privitization is bad.  The TSP is a pension type program for government workers and has worked extremely efficiently, as shown by the growth in the first trial of the bill.  I know it would take a lot of money to change social security, but if this becomes a viable option, then I think we could change social security over a period of 20 to 30 years.
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Peter
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« Reply #4 on: April 29, 2006, 06:50:50 PM »
I'd like to solicit the opinion of the Secretary of the Treasury.
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MasterJedi
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« Reply #5 on: April 30, 2006, 06:34:48 AM »
Quote from: Peter Bell on April 29, 2006, 06:50:50 PM
I'd like to solicit the opinion of the Secretary of the Treasury.

I think Sam had this being successful in it's trial IIRC.
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True Democrat
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Junior Chimp
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« Reply #6 on: May 01, 2006, 11:42:00 AM »
When does this come up for a vote?
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Peter
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« Reply #7 on: May 01, 2006, 12:35:28 PM »
It could theoretically come up now, though I'd like the opinion of the Secretary of the Treasury, still. I'll send him a PM.
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Bono
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« Reply #8 on: May 01, 2006, 12:59:46 PM »
This program is unecessary and a waste of federal money.
There was already one study. I think that is enough for the honorable senators to decide on the merits of such an alternative. This bill is the epithome of pussyfooting, in my humble opinion.
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Peter
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« Reply #9 on: May 01, 2006, 01:04:45 PM »
I wholeheartedly support this bill and urge its passage.
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MasterJedi
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« Reply #10 on: May 01, 2006, 03:00:23 PM »
I hereby open up the final vote on this bill. Please vote Aye, Nay or Abstain. (I was waiting for Bono to respond to Peter's question, that's why I waited and for a good reason)


Quote from: Senator MasterJedi, PPT on April 27, 2006, 06:00:55 AM
1.   The Senate shall continue the work of the Reforming Social Security Act.
2.   A program is hereby implemented that explores the idea of extending the benefits and privileges of the Thrift Savings Plan to the general populace.
a.   The said plan shall be first implemented on a trial basis with 1000 randomly selected volunteers for each of the G, S, C, F, I, and L funds.
b.   This trial shall last for a duration of 10 years, with a report being made every three months to the Senate by the Federal Retirement Thrift Investment Board.
c.   At any time before or after the ten year deadline of the trial, the Senate of the Republic of Atlasia shall further explore the idea of extending the Thrift Savings Plan to the general public.
3.   Section 2, Clause D of the Reforming Social Security Act is hereby repealed.
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MasterJedi
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« Reply #11 on: May 01, 2006, 03:01:24 PM »
Aye
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True Democrat
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Junior Chimp
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« Reply #12 on: May 01, 2006, 03:16:13 PM »
Here are the three reports:

https://uselectionatlas.org/FORUM/index.php?topic=28225.msg674648#msg674648

https://uselectionatlas.org/FORUM/index.php?topic=28225.msg720399#msg720399

https://uselectionatlas.org/FORUM/index.php?topic=28225.msg760558#msg760558
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Keystone Phil
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« Reply #13 on: May 01, 2006, 03:34:23 PM »
Aye
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Bacon King
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« Reply #14 on: May 01, 2006, 03:34:33 PM »
Aye.
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WMS
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« Reply #15 on: May 01, 2006, 05:01:00 PM »
Aye.
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Hatman 🍁
EarlAW
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« Reply #16 on: May 01, 2006, 05:02:23 PM »
Aye
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Peter
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« Reply #17 on: May 01, 2006, 05:06:24 PM »
Aye
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MasterJedi
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« Reply #18 on: May 01, 2006, 05:07:07 PM »
This bill has enough votes to pass. Senators now have 24 hours to change their votes.
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Democratic Hawk
LucysBeau
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« Reply #19 on: May 01, 2006, 06:27:50 PM »
Aye

'Hawk'
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Yates
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« Reply #20 on: May 01, 2006, 07:01:50 PM »
Aye.
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MasterJedi
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« Reply #21 on: May 03, 2006, 10:11:40 AM »
With 8 Ayes, 0 Nays and 0 Abstentions this bill has passed. I hereby present it to the President for his signiture.
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© tweed
Miamiu1027
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« Reply #22 on: May 03, 2006, 03:15:55 PM »

Even you!  voting for this poorhating legislation?  I'm ashamed
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Ebowed
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« Reply #23 on: May 03, 2006, 04:04:54 PM »
« Edited: May 17, 2006, 02:38:49 AM by President Porce »
Ebowed
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WMS
Junior Chimp
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« Reply #24 on: May 08, 2006, 10:30:13 AM »
Quote from: © Boss Tweed on May 03, 2006, 03:15:55 PM

Even you!  voting for this poorhating legislation?  I'm ashamed

Boss...note that Bono opposed it...look closer. Wink
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