SRES832119th CongressWALLET

A resolution establishing a process to assure the long-term fiscal stability of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund.

Sponsored By: Senator Cassidy, Bill [R-LA]

Introduced

Summary

Long-term solvency of the Social Security trust funds. This bill would create a Bipartisan Working Group and a special, time-limited Senate path to develop and advance certified legislation that changes benefits, revenues, or financing only for OASI and DI and related SSI or tax provisions.

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Bill Overview

Analyzed Economic Effects

5 provisions identified: 0 benefits, 0 costs, 5 mixed.

Bipartisan Social Security Working Group

This resolution would create a Bipartisan Working Group by August 10, 2026. The group would include 12 Senators and up to 8 House appointees. It would hold public listening sessions and seek technical help from federal agencies. The group must send a report with detailed recommendations and at least two legislative proposals by October 1, 2026.

Committee Review and Solvency Certification

A Social Security bill would be referred to the Senate Finance Committee. The Committee would have to report the bill by November 18, 2026 or be automatically discharged. Members could file substitute amendments by November 18, 2026 and those filings would be printed in the Congressional Record. By November 30, 2026 the Finance Chair and Ranking Member would certify which complete substitutes meet the 50-year solvency test after consulting the SSA Chief Actuary.

Fast Senate Floor Rules for Social Security

The Majority Leader could move to proceed to the bill by November 30, 2026 and all points of order would be waived. Debate on the bill would be capped at 30 hours overall. Each certified substitute amendment would get two hours of debate, split evenly between the leaders, and adoption of a substitute would require three-fifths of Senators. Sponsors could make only minor or technical edits to certified substitutes.

How Social Security Bills Get Introduced

The resolution would require one Working Group proposal be introduced in the Senate by November 9, 2026. The bill must have bipartisan sponsorship with at least one majority and one minority Member. If the Working Group provides no language, the Majority Leader would introduce certified solvency language by that date. If the House sends a bill identical to the Senate text, the Senate would not refer it to committee and would treat the Senate vote as the House vote. If the Senate passes the bill, it would be sent to the House before the close of the next Senate day.

Limits on Veto, Appeals, and Suspensions

If the President vetoes the bill, the Senate would have one hour to consider the veto message. Appeals of Chair rulings during consideration would be limited to one hour, split evenly between leaders. Senators would not be allowed to move to suspend these special procedures.

Sponsors & CoSponsors

Sponsor

Cassidy, Bill [R-LA]

LA • R

Cosponsors

  • Sen. Durbin, Richard J. [D-IL]

    IL • D

    Sponsored 8/6/2026

Roll Call Votes

No roll call votes available for this bill.

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