HR 6079 · 119th CongressIn Committeecongress.gov ↗
What this bill does
AI plain-language summaryThis bill would require the Department of the Treasury to give Social Security recipients official certificates guaranteeing they will receive their full monthly benefits and at least a yearly increase to keep up with the cost of living. It also adds extra required funding to pay for those benefits. Right now, Social Security is mainly paid for through payroll taxes, and according to official projections, by 2035 there won't be enough money from those taxes and savings to fully cover all benefit payments.
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