If enacted into law, H.R. 3302 would base the Social Security cost of living adjustment (COLA) on the Consumer Price Index for the Elderly (CPI-E). The bill would also ensure that high income earners pay their fair share of taxes into Social Security.
Representative Ted Deutch (FL-22) introduced H.R. 3302 on July 19,2017. The bill has since been referred to referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce, and Energy and Commerce.
Learn more about H.R. 3302 here.