SOS Act

This bill aims to increase transparency around Social Security payments. It would require the Congressional Budget Office (CBO) to give Congress information about money paid from the two main Social Security trust funds: one for retirement and survivors, and one for disability. The goal is to help lawmakers see clearly how much is being paid out and to whom, so they can make better decisions that affect seniors and people with disabilities. This proposal is referred to as the “Save Our Seniors Act.”

Key points:

• Who is affected: The CBO and Congress directly; seniors and people with disabilities indirectly, through better oversight of Social Security funds.
• What changes: The CBO must provide Congress information on payments from the Old-Age and Survivors Insurance Trust Fund and the Disability Insurance Trust Fund.
• When: The provided text does not specify timing details.