Legislation under consideration in Congress would create a bipartisan commission of experts tasked with developing long-term reform options for Social Security and Medicare.

Rather than advancing immediate policy changes, the panel would study the financial outlook for the programs and submit recommendations for lawmakers to consider.

The proposed Commission on Sustaining Medicare and Social Security would evaluate trust fund projections, benefit structures and cost-of-living adjustments. It would then present a range of policy options for Congress to approve, revise or reject, Newsweek reported.

Rep. Gus Bilirakis (R-Fla.) reintroduced the proposal Tuesday.

“Medicare and Social Security represent a sacred promise to details ⇒

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