Protecting and Preserving Social Security Act

Hozzl · 2025-08-27T08:05:34Z

Explore the details of House Bill 4968 Protecting and Preserving Social Security Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

8/27/2025, 8:05 AM

Summary of Bill HR 4968

The bill "To amend title II of the Social Security Act and the Internal Revenue Code of 1986 to make improvements in the old-age, survivors, and disability insurance program" was introduced in the 119th Congress on August 12, 2025.

Congressional Summary of HR 4968

Protecting and Preserving Social Security Act

This bill eliminates the cap on income subject to Social Security taxes and revises methods for calculating various aspects of Social Security benefits.

Under current law, Social Security has a taxable maximum, which refers to the maximum amount of a worker's earnings that are subject to Social Security payroll taxes (set at $176,100 in 2025). The taxable maximum also serves as the maximum amount of earnings used to calculate a worker's Social Security benefits.

This bill phases out the taxable maximum so as to apply payroll taxes to all earnings after 2031, and revises the method used to calculate a worker’s Social Security benefits to account for earnings in excess of the taxable maximum.

The bill also revises the method of calculating cost-of-living adjustments to Social Security benefits to reflect the spending habits of individuals over the age of 62. An increase in Social Security benefits resulting from this change may not be treated as income for purposes of determining eligibility for, or the amount of assistance provided under, the Medicaid or Supplemental Security Income programs.

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Current Status of Bill HR 4968

Bill HR 4968 is currently in the status of Bill Introduced since August 12, 2025. Bill HR 4968 was introduced during Congress 119 and was introduced to the House on August 12, 2025. Bill HR 4968's most recent activity was Referred to the Committee on Ways and Means, and in addition to the Committees on Energy and Commerce, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of August 12, 2025

Bipartisan Support of Bill HR 4968

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 4968

Primary Policy Focus

Alternate Title(s) of Bill HR 4968

To amend title II of the Social Security Act and the Internal Revenue Code of 1986 to make improvements in the old-age, survivors, and disability insurance program.

Comments

Emmanuel West

854

9 months ago

This bill is a joke! It's gonna mess with my retirement and I ain't happy about it. They need to leave Social Security alone and stop messing with people's futures. #NotHappy #HandsOffMyMoney

Spencer Goodwin

791

9 months ago

I don't like this new bill about Social Security. It's gonna mess up everything for me and my family. Why they gotta do this to us? It's not fair at all. I hope they change their minds soon. This bill is gonna hurt a lot of people in the short term.

Conor Fleming

970

10 months ago

I think this bill is good for us. It will help keep our social security safe. I don't know all the details, but I trust that it will be good for us. I hope it passes soon.

Erin Creech

921

9 months ago

Ugh, this bill is so dumb. How will it even impact me?

Braylon Rogers

769

10 months ago

I can't believe this is happening. It's really going to impact me and my family.

Eduardo Glover

964

9 months ago

I don't like this new bill about Social Security. It's going to mess things up for a lot of people. I don't think it's fair at all. They should really think about how this is going to impact everyone before they go and pass something like this. It's just not right.