Active Holds (1)
Legislation
On hold for Jul 22, 2026
since Jul 22, 2026
Requires the Social Security Advisory Board to produce recommendations and draft legislation to achieve 50-year solvency for OASI and DI, using public input and agency technical assistance.
Official title: Establish a process to assure the long-term fiscal stability of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund.
Introduced July 14, 2026 by Richard Joseph Durbin · Last progress July 14, 2026
The bill mandates a time-limited, transparent, expert-informed process to produce concrete proposals aimed at securing Social Security for 50 years—improving clarity and plan quality—but it constrains congressional deliberation and could force tax increases or benefit cuts while concentrating drafting authority in an advisory board.
Retirees and disabled beneficiaries: receive a concrete plan intended to keep OASI and DI able to pay full scheduled benefits for 50 years, reducing the risk of near-term benefit cuts.
Taxpayers and Congress: receive specific, implementable legislative language and a firm Sept 14, 2026 deadline, improving transparency and accelerating the policymaking timeline on Social Security solvency.
Federal agencies, experts, and stakeholders: are required to provide input and technical assistance, which can improve the quality of proposals through interagency coordination and expert testimony.
Taxpayers and current/future beneficiaries: achieving 50-year solvency may require tax increases or benefit reductions, shifting costs onto workers or retirees.
Lawmakers and the public: tightly prescribed floor procedures and waiver of points of order limit congressional debate and amendment options, reducing lawmakers' ability to modify proposals and potentially undermining deliberation and transparency.
Federal employees and democratic oversight: a temporary exemption allowing SSAB members to work full-time beyond 130 days risks concentrating power in an advisory board with limited accountability during the drafting period.
Based on analysis of 2 sections of legislative text.
Directs the Social Security Advisory Board to produce recommendations and draft legislative language to achieve long-term solvency for the Social Security Old-Age and Survivors Insurance (OASI) and Disability Insurance (DI) Trust Funds — defined as the ability to pay 100% of scheduled benefits for at least 50 years. It requires public information requests, listening sessions, stakeholder testimony, technical assistance from federal agencies, and a report to Congress with proposed legislative text. Sets administrative support and temporary staffing rules for the Advisory Board, limits the Board’s draft language to provisions that change outlays, revenues, or financing for OASI, DI, SSI, or related tax provisions, and requires the Board to submit findings and recommended legislation to Congress and the President.