Social Security Expansion Act
Official title: A bill to enhance Social Security benefits and ensure the long-term solvency of the Social Security program.
More subjectsShow fewer subjects
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
Read twice and referred to the Committee on Finance.
Social Security Expansion Act
This bill increases Social Security benefits, expands Social Security payroll taxes, and makes other changes to the Social Security program.
Specifically, the bill changes the way Social Security benefits are calculated by increasing the primary insurance amount applicable to average monthly earnings that fall below a specified amount, and increasing bend points for individuals who become eligible for Social Security after 2025. (Bend points are dollar amounts at which earnings are segmented for the purpose of calculating an individual’s primary insurance amount. The share of an individual’s earnings that are replaced by Social Security decreases at each escalating bend point.)
The bill also revises the method of calculating cost-of-living adjustments to account for the spending of individuals over the age of 62 and establishes a new minimum benefit for certain low earners. Further, the bill permits full-time students who are the children of deceased or disabled workers to collect Social Security or railroad retirement child’s benefits until they reach age 22.
With respect to taxes, the bill extends payroll taxes on wages, salaries, and self-employment earnings to income above $250,000. (In 2025, the maximum amount subject to Social Security payroll tax is $176,100.) The bill also increases the net investment income tax and subjects active trade or business income to this tax.
Finally, the bill combines the existing Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund into a single Social Security Trust Fund.
- Introduced in Senate Formatted Text PDF Formatted XML
- NATIONAL COMMITTEE TO PRESERVE SOCIAL SECURITY AND MEDICARE
- PORT SIDE STRATEGIES, LLC
- MARIA FREESE
- AMERICAN POSTAL WORKERS UNION, AFL-CIO
- TREA SENIOR CITIZENS LEAGUE
- WYATT CONSULTING GROUP INTERNATIONAL, INC.
Bodies those filers lobbied
- HOUSE OF REPRESENTATIVES
- SENATE
- Administration on Aging
- Executive Office of the President (EOP)
- Justice, Dept of (DOJ)
- Labor, Dept of (DOL)
- Office of Management & Budget (OMB)
- Social Security Administration (SSA)
Cite this page
U.S. Congress. (2026). S. 770: Social Security Expansion Act. 119th Congress. Open America. https://openamerica.io/bill/119-S-770/
"S. 770: Social Security Expansion Act." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-S-770/.
S. 770, 119th Cong. (2026), https://openamerica.io/bill/119-S-770/.
[S. 770: Social Security Expansion Act](https://openamerica.io/bill/119-S-770/)