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H.R. 860: Social Security 2100 Act

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About the bill

The last time Social Security was truly reformed took place with a Democratic House and a Republican president, so could that happen again now?

Context

Social Security’s costs are projected to overtake its expenses starting next year, in 2020. Worse still, the program is projected to become entirely insolvent — meaning they essentially won’t have any money left to pay out benefits at all — in 2035. (See page 5 in that PDF link.)

(Although at least it’s actually in better shape than Medicare, which is projected to go ...

Sponsor and status

John Larson

Sponsor. Representative for Connecticut's 1st congressional district. Democrat.

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Last Updated: Jan 30, 2019
Length: 43 pages
Introduced
Jan 30, 2019
Status

Introduced on Jan 30, 2019

This bill is in the first stage of the legislative process. It was introduced into Congress on January 30, 2019. It will typically be considered by committee next before it is possibly sent on to the House or Senate as a whole.

Prognosis
3% chance of being enacted according to Skopos Labs (details)
Source

Position statements

What legislators are saying

Larson, Ocasio-Cortez Call for Vote Social Security 2100 Act
    — Rep. John Larson [D-CT1] (Sponsor) on Nov 1, 2019

Thompson, Larson meet with Costa County County Social Security Leaders
    — Rep. Mike Thompson [D-CA5] (Co-sponsor) on Apr 25, 2019

District Connection - 10/15/19
    — Rep. Rob Woodall [R-GA7] on Oct 15, 2019

More statements at ProPublica Represent...

What stakeholders are saying

Institute for Spending Reform SpendingTracker.org estimates H.R. 860 will add $385.9 billion in new spending through 2029.

History

Jan 30, 2019
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

If this bill has further action, the following steps may occur next:
 
Passed Committee

 
Passed House

 
Passed Senate

 
Signed by the President

H.R. 860 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.R. 860 — 116th Congress: Social Security 2100 Act.” www.GovTrack.us. 2019. December 9, 2019 <https://www.govtrack.us/congress/bills/116/hr860>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.