If adopted, H.R. 2302 would base annual Social Security cost-of-living adjustments (COLAs) on the Consumer Price Index for Elderly Consumers (CPI-E). It would also improve the solvency of the Social Security program by phasing out the payroll tax cap over the course of seven years.
Representative Ted Deutch (FL-22) introduced H.R. 2302 on April 12, 2019. It has since been referred to the Committee on Ways and Means.
For more information or to view a list of cosponsors, click here.