Bipartisan Social Security Commission Act of 2023

Bill 118 hr 281, also known as the Bipartisan Social Security Commission Act of 2023, is a piece of legislation introduced in the US Congress. The purpose of this bill is to establish a bipartisan commission to study and make recommendations on the long-term solvency of the Social Security program.

The commission would be made up of 12 members, with equal representation from both major political parties. These members would be appointed by the President, the Speaker of the House, and the Senate Majority Leader. The commission would be tasked with conducting a comprehensive review of the Social Security program, including its funding mechanisms, benefit levels, and eligibility requirements.

Once the commission has completed its review, it would be required to submit a report to Congress with its findings and recommendations. Congress would then have the opportunity to consider these recommendations and take action to address any issues identified by the commission. Overall, the Bipartisan Social Security Commission Act of 2023 aims to promote cooperation between Democrats and Republicans in addressing the long-term financial challenges facing the Social Security program. By bringing together members from both parties to study the issue and make recommendations, this bill seeks to ensure that any changes to the program are made in a bipartisan and thoughtful manner.