COMMITTEE ON FINANCE Harry Flood Byrd, Chairman JUNE 24, 1960 MAJOR DIFFERENCES IN THE PRESENT SOCIAL SECURITY LAW AND H.R. 12580 AS PASSED BY THE HOUSE OF REPRESENTATIVES Printed for the use of the Committee on Finance UNITED STATES WASHINGTON : 1960 3 COMMITTEE ON FINANCE HARRY FLOOD BYRD, Virginia, Chairman ROBERT 8. KERR, Oklahoma JOHN J. WILLIAMS, Delaware J. ALLEN FREAR, JR., Delaware FRANK CARLSON, Kansas RUSSELL B. LONG, Louisiana WALLACE F. BENNETT, Utah GEORGE A. SMATHERS, Florida JOHN MARSHALL BUTLER, Maryland CLINTON P, ANDERSON, New Mexico CARL T. CURTIS, Nebraska PAUL H. DOUGLAS, Dlinois THRUSTON B. MORTON, Kentucky ALBERT GORE, Tennessee HERMAN E. TALMADGE, Georgia EUGENE J. MCCARTHY, Minnesota VANCE HARTKE, Indiana ELIZABETH B. SPRINGER, Chief Clerk CONTENTS OLD-AGE, SURVIVORS, AND DISABILITY INSURANCE 3. State and local government employees 4. Employees of nonprofit organizations II. Provisions relating to permanent and total disability B. Survivors or workers who died prior to 1940 C. Widowers of workers who died prior to 1950 D. Children born or adopted after parent's disability E. Dependency of stepchild on natural father A. Computing average monthly wage A. Investment of the trust funds PUBLIC ASSISTANCE I. Old-age assistance medical program A. Matching formula B. Definition of old-age assistance MATERNAL AND CHILD WELFARE SERVICES A. Authorization of annual appropriation C. Special project grants A. Allotment to States C. Special project grants A. Authorization of annual appropriation EMPLOYMENT SECURITY (UNEMPLOYMENT COMPENSATION) A. Federal unemployment tax rate 1. Eligibility for advances TABLES ON PUBLIC ASSISTANCE MEDICAL PROGRAMS assistance vendor payments, and other resources Table 2. Old-age assistance: Payments for vendor medical bills |