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 insolvent even sooner: in 2024.)
Many say Social Security is heading towards the abyss because it hasn’t been fundamentally reformed since 1983. Then, a Democratic-led House and a Republican President Ronald Reagan joined forces to change the payment system ...
Sponsor and status
John Larson
Sponsor. Representative for Connecticut's 1st congressional district. Democrat.
116th Congress (2019–2021)
This bill was introduced on January 30, 2019, in a previous session of Congress, but it did not receive a vote.
Position statements
What legislators are saying
“Larson: Social Security Expansion is Needed to Help the Most Vulnerable”
—
Rep. John Larson [D-CT1]
(Sponsor)
on May 4, 2020
“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, 2011-2020]
on Oct 15, 2019
More statements at ProPublica Represent...
What stakeholders are saying
History
Jul 31, 2014
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Earlier Version —
Introduced
This activity took place on a related bill, H.R. 5306 (113th). |
Mar 17, 2015
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Earlier Version —
Introduced
This activity took place on a related bill, H.R. 1391 (114th). |
Apr 5, 2017
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Earlier Version —
Introduced
This activity took place on a related bill, H.R. 1902 (115th). |
Jan 30, 2019
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Introduced
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber. |
H.R. 860 (116th) was 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.
Bills numbers restart every two years. That means there are other bills with the number H.R. 860. This is the one from the 116th Congress.
This bill was introduced in the 116th Congress, which met from Jan 3, 2019 to Jan 3, 2021. Legislation not enacted by the end of a Congress is cleared from the books.
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