Social Security Amendments of 1983

[AI summary unavailable — showing source text] Social Security Amendments of 1983 - Amends titles II (Old Age, Survivors and Disability Insurance) and XVIII (Medicare) of the Social Security Act to extend indefinitely the authority for interfund borrowing among the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, and the Federal Hospital Insurance Trust Fund for financing benefit payments when necessary. (Currently, interfund borrowing is authorized through December 31, 1982.) Provides for the appointment to the Board of Trustees of the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, the Federal Hospital Insurance Trust Fund, and the Federal Supplementary Medical Insurance Trust Fund of one representative of employers, one representative of employees, one representative of beneficiaries, and one representative highly qualified in the management of investment funds. Amends Part A (General Provisions) of title XI of the Social Security Act to: (1) exclude the receipts and disbursements of the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, and the Federal Hospital Insurance Trust Fund a…