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United States Congress

Protecting and Preserving Social Security Act

August 2, 2024

Summary

This bill would amend the Social Security Act to use a Consumer Price Index for Elderly Consumers for cost-of-living adjustments and gradually eliminate the cap on wages subject to Social Security taxes by 2030. It affects all workers and beneficiaries but does not directly regulate mortgage lending or servicing.

Source: https://www.congress.gov/bill/118th-congress/hr-bill/9300

Common questions

What does "Protecting and Preserving Social Security Act" cover?
This bill would amend the Social Security Act to use a Consumer Price Index for Elderly Consumers for cost-of-living adjustments and gradually eliminate…
Which agency issued this update?
This update was issued by United States Congress.
When was it published?
It was published on August 2, 2024.

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