S. 427, Social Security Expansion Act

S. 427, Social Security Expansion Act

If signed into law, S. 427 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.

Sen. Bernie Sanders (VT) introduced S. 427 on February 16, 2017. It has been referred to the Senate Finance Committee.

Learn more about S. 427 »

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