1. Short title This Act may be cited as the Protect Our Seniors Act . 2. Rescission of certain funds for enhanced Internal Revenue Service resources (a) Rescission Effective on the date of enactment of this Act, the unobligated balances of the amounts made available under the following provisions of Public Law 117–169 are rescinded: (1) Internal Revenue Service enforcement funds Section 10301(1)(A)(ii). (2) Internal Revenue Service operations support Section 10301(1)(A)(iii). (b) Transfer of funds to Social Security and Medicare trust funds (1) Federal Old Age and Survivors Insurance Trust Fund There is hereby appropriated to the Federal Old-Age and Survivors Insurance Trust Fund established under section 201(a) of the Social Security Act ( 42 U.S.C. 401(a) ) an amount equal to 50 percent of the amount rescinded under subsection (a). (2) Federal Hospital Insurance Trust Fund There is hereby appropriated to the Federal Hospital Insurance Trust Fund established section 1817 of the Social Security Act ( 42 U.S.C. 1395i ) under an amount equal to 50 percent of the amount rescinded under subsection (a). 3. Point of order for reductions in Medicare and Social Security benefits Section 301 of the Congressional Budget Act of 1974 ( 2 U.S.C. 632 ) is amended by adding at the end the following: (j) Medicare and Social Security point of order (1) In general It shall not be in order in the Senate to consider any bill or resolution (or amendment, motion, or conference report on that bill or resolution) that would reduce benefits under the Medicare program under title XVIII of the Social Security Act ( 42 U.S.C. 1395 et seq. ) or benefits payable under title II of that Act ( 42 U.S.C. 401 et seq. ). (2) Waiver Paragraph (1) may be waived or suspended in the Senate only by the affirmative vote of two-thirds of the Members, duly chosen and sworn. . 4. Medicare point of order Section 301 of the Congressional Budget Act of 1974 ( 2 U.S.C. 632 ), as amended by section 3, is further amended by adding at the end the following: (k)