A sweeping Social Security reform bill reintroduced in the House of Representatives would boost benefits for millions of Americans, change how cost-of-living adjustments (COLAs) are calculated and impose new taxes on high earners to shore up program finances.

The Social Security 2100 Act, H.R. 9519, was reintroduced by Rep. John Larson (D-Ct.) and referred to multiple House committees.

Legislation aims to address a projected trust fund depletion in the fourth quarter of 2032, when incoming revenue would cover only about 78% of scheduled benefits unless Congress acts.

The bill would increase the basic details ⇒

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