Bipartisan Social Security Commission Act of 2026
Sponsored By: Representative Cole, Tom [R-OK-4]
Introduced
Summary
Creates a bipartisan commission to produce a plan to make Social Security solvent for at least 75 years. The commission would develop recommendations and draft legislation and send them to Congress within one year of its first meeting.
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Bill Overview
Analyzed Economic Effects
3 provisions identified: 2 benefits, 0 costs, 1 mixed.
Fast-track Social Security fixes
If enacted, the bill would require the Commission to send Congress, within one year of its first meeting, a special message with recommendations and draft legislation to make the Old-Age and Survivors Insurance and Disability Insurance Trust Funds solvent for at least 75 years. The message must be approved by at least 9 members. The bill would create a fast-track “approval bill” process with short committee deadlines, no amendments in committee or on the floor, four hours of House debate, up to 30 hours of Senate debate, and waiver of many points of order. If Congress adjourns, the Commission must resend the message early next Congress so the fast-track process can start there. The Commission would end no later than 60 days after sending its report.
New Social Security commission created
If enacted, the bill would create the Commission on Long-Term Social Security Solvency in the legislative branch. The Commission would only study solvency and send recommendations and draft legislation; it would not itself change benefits or taxes. It would have 13 members and appointments must be made within 30 days after enactment. The President’s appointee would be Chair, the Speaker’s designee would be Co-Chair, members would serve for the life of the Commission, and the Commission must hold at least one public hearing.
Commission staffing, pay, and funding
If enacted, the Commission would appoint a Director paid at a rate like a comparable Executive Schedule position, subject to Chair and Co-Chair approval. The Director could hire staff and the Commission could hire temporary contractors, with daily pay for contractors capped at an executive-equivalent daily rate. The Commission could get data and technical help directly from federal agencies, including the CBO and GAO, and agencies would have to provide requested assistance or detail staff without reimbursement. The Commission could accept gifts and sell donated property, and up to $2,000,000 is authorized to be appropriated. GSA could provide reimbursable administrative support and the Commission may use the mails like other agencies.
Sponsors & CoSponsors
Sponsor
Cole, Tom [R-OK-4]
OK • R
Cosponsors
Rep. Suozzi, Thomas R. [D-NY-3]
NY • D
Sponsored 6/8/2026
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov