H.R. 1114, Social Security Expansion Act

H.R. 1114, Social Security Expansion Act

If signed into law, H.R. 1114 will enhance Social Security benefits basing COLAs on the CPI-E, increasing monthly checks by around $65 per month, improving the Special Minimum Benefit, applying the payroll tax to income above $250,000, and applying a 6.2% tax on investment income for wealthy individuals.

Rep. Peter DeFazio (OR-4) introduced H.R. 1114 on February 16, 2017. It has been referred to the House Education and the Workforce Committee.

Learn more about H.R. 1114 »

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