If enacted into law, S. 1600 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.
Senator Maizie Hirono (HI) introduced S.1600 on July 20,2017. The bill has since been referred to Committee on Finance.
Learn more about S. 1660 here.