S. 2614In Committee
Protecting and Preserving Social Security Act
Eliminates the Social Security taxable earnings cap over time and revises benefit and cost of living calculations for older beneficiaries
Plain-English overview
What this bill does
Eliminates the Social Security taxable earnings cap over time and revises benefit and cost of living calculations for older beneficiaries
Key points
- Amend benefit calculation methods
- Prohibit counting benefit increases
- Modify cost of living adjustments
- Repeal taxable earnings cap
Current status
Where it stands
Status
In Committee
Latest action
2025-07-31 — Read twice and referred to the Committee on Finance.
Related context
Topics and policy areas
undefinedSocial Welfare