S. 770In Committee
Social Security Expansion Act
Increase Social Security benefits and payroll tax coverage while revising cost of living adjustments, student survivor eligibility, and trust fund structure
Plain-English overview
What this bill does
Increase Social Security benefits and payroll tax coverage while revising cost of living adjustments, student survivor eligibility, and trust fund structure
Key points
- Establish single Social Security Trust Fund
- Allow student child benefits until age 22
- Increase Social Security benefits
- Extend payroll taxes on high income
Current status
Where it stands
Status
In Committee
Latest action
2025-02-27 — Read twice and referred to the Committee on Finance.
Related context
Topics and policy areas
undefinedAccounting and auditingCongressional oversightDisability assistanceElementary and secondary educationEmployment taxesFinancial services and investmentsGovernment trust funds