[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[S. Res. 832 Introduced in Senate (IS)]

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119th CONGRESS
  2d Session
S. RES. 832

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.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             August 6, 2026

   Mr. Cassidy (for himself and Mr. Durbin) submitted the following 
       resolution; which was referred to the Committee on Finance

_______________________________________________________________________

                               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.

    Resolved,

SECTION 1. ESTABLISHMENT OF PROCESS TO ASSURE SOCIAL SECURITY SOLVENCY.

    (a) Definitions.--In this section:
            (1) Long-term solvency.--The term ``long-term solvency'' 
        means the financial ability of the Trust Funds to pay 100 
        percent of scheduled benefits for a period of at least 50 years 
        that begins on the date of adoption of this resolution.
            (2) Social security bill.--The term ``Social Security 
        bill'' means a bill introduced pursuant to subsection 
        (c)(1)(A)(i) or subsection (c)(1)(A)(ii).
            (3) Trust funds.--The term ``Trust Funds'' means the 
        Federal Old-Age and Survivors Insurance Trust Fund and the 
        Federal Disability Insurance Trust Fund under title II of the 
        Social Security Act (42 U.S.C. 401 et seq.).
    (b) Bipartisan Working Group.--
            (1) In general.--Not later than August 10, 2026, the 
        Majority Leader of the Senate shall establish a bipartisan 
        working group (in this section, referred to as the ``working 
        group'') that shall develop recommendations and legislative 
        language to achieve long-term solvency for the Trust Funds. 
        Such legislative language shall not include provisions that do 
        not change outlays, revenues, or financing with respect to the 
        old-age, survivors, and disability insurance program 
        established under title II of the Social Security Act (42 
        U.S.C. 401 et seq.), the supplemental security income program 
        under title XVI of such Act (42 U.S.C. 1381 et seq.), or 
        provisions in the Internal Revenue Code of 1986 that could be 
        altered to help achieve long-term solvency.
            (2) Composition.--
                    (A) In general.--The working group shall consist 
                of--
                            (i) 3 Senators from the Committee on 
                        Finance of the Senate, appointed by the 
                        Chairman of the Committee;
                            (ii) 3 Senators from the Committee on 
                        Finance of the Senate, appointed by the Ranking 
                        Member of the Committee;
                            (iii) 3 Senators appointed by the Majority 
                        Leader of the Senate; and
                            (iv) 3 Senators appointed by the Minority 
                        Leader of the Senate.
                    (B) Discretionary house participation.--The Speaker 
                of the House of Representatives and Minority Leader of 
                the House of Representatives may each appoint 4 members 
                to the working group.
                    (C) Chairpersons.--Not later than 14 calendar days 
                after the appointment of all members under subparagraph 
                (A), the Majority Leader of the Senate and Minority 
                Leader of the Senate shall select co-chairs of the 
                working group from members of the working group.
            (3) Request for information.--The working group shall, for 
        the purpose of carrying out this section, issue a request for 
        information to the public regarding ways to achieve long-term 
        solvency for the Trust Funds.
            (4) Public listening sessions.--
                    (A) In general.--Subject to subparagraph (B), the 
                working group shall, for the purpose of carrying out 
                this subsection, hold such public listening sessions, 
                sit and act at such times and places, request 
                attendance of stakeholders and production of books, 
                papers, and documents, take such testimony, receive 
                such evidence, and administer oaths as the working 
                group considers advisable.
                    (B) Procedures.--
                            (i) Announcement.--The working group shall 
                        make a public announcement of the date, place, 
                        time, and subject matter of any public 
                        listening session to be conducted under this 
                        subparagraph not later than 7 calendar days 
                        before the date of the public listening 
                        session, unless either co-chair of the working 
                        group determines that there is good cause to 
                        begin such public listening session on an 
                        earlier date.
                            (ii) Written statement.--The working group 
                        shall request that each stakeholder appearing 
                        before the working group file a written 
                        statement of the proposed testimony of the 
                        stakeholder not later than 2 calendar days 
                        before the date of the appearance of the 
                        stakeholder.
            (5) Technical assistance and consultation.--Either co-chair 
        of the working group may request that the head of any Federal 
        agency provide technical assistance to, and consult with, the 
        working group in order for the working group to carry out its 
        duties under this subsection, and the head of any Federal 
        agency is requested to comply with any such request.
            (6) Assistance from the architect of the capitol.--Either 
        co-chair of the working group may request that the Architect of 
        the Capitol provide suitable space to house the operations of 
        the working group, and the Architect of the Capitol is 
        requested to comply with any such request.
            (7) Report.--
                    (A) In general.--Not later than October 1, 2026, 
                the working group shall submit to the Chairman and 
                Ranking Member of the Committee on Finance of the 
                Senate and the Chairman and Ranking Member of the 
                Committee on Ways and Means of the House of 
                Representatives, and make available to any Member of 
                Congress upon request, a report that contains detailed 
                recommendations and proposed legislative language that 
                meets the requirements described in paragraph (1).
                    (B) Alternative proposals.--As part of the report 
                described in subparagraph (A), the working group shall 
                include not less than 2 separate legislative proposals 
                that meet the requirements described in paragraph (1).
    (c) Consideration of a Social Security Bill.--
            (1) Introduction.--
                    (A) Introduction of social security bill.--
                            (i) Working group legislative language.--
                        One of the legislative proposals contained in 
                        the report submitted pursuant to subsection 
                        (b), upon receipt by the Senate, shall (by 
                        request) be introduced not later than November 
                        9, 2026, or the first day thereafter on which 
                        the Senate is in session, by the Majority 
                        Leader of the Senate, for himself, or any 
                        Member of the Senate designated by the Majority 
                        Leader. If the Social Security bill is not 
                        introduced in accordance with the preceding 
                        sentence, then any Member of the Senate may 
                        introduce the Social Security bill on any day 
                        thereafter. Upon introduction, the Social 
                        Security bill shall be referred to the 
                        Committee on Finance of the Senate under 
                        subparagraph (B).
                            (ii) Members of congress legislative 
                        language.--
                                    (I) In general.--In the case that 
                                the working group does not submit 
                                proposed legislative language pursuant 
                                to subsection (b), not later than 
                                November 9, 2026, or the first day 
                                thereafter on which the Senate is in 
                                session, the Majority Leader of the 
                                Senate, for himself, or any Member of 
                                the Senate designated by the Majority 
                                Leader shall (by request) introduce 
                                legislative language subject to 
                                subclause (II). If legislative language 
                                is not introduced in accordance with 
                                the preceding sentence, then any Member 
                                of the Senate may introduce legislative 
                                language subject to subclause (II) on 
                                any day thereafter. Upon introduction, 
                                the legislative language shall be 
                                referred to the Committee on Finance of 
                                the Senate in accordance with 
                                subparagraph (B).
                                    (II) Requirements.--Such 
                                legislative language shall--
                                            (aa) achieve long-term 
                                        solvency for the Trust Funds, 
                                        as certified by the Chairman 
                                        and Ranking Member of the 
                                        Committee on Finance (in 
                                        consultation with the Chief 
                                        Actuary of the Social Security 
                                        Administration);
                                            (bb) be introduced by at 
                                        least 1 Member associating with 
                                        the majority party and at least 
                                        1 Member associating with the 
                                        minority party; and
                                            (cc) not include provisions 
                                        that do not include changes to 
                                        the outlays, revenues, or 
                                        financing with respect to the 
                                        old-age, survivors, and 
                                        disability insurance program 
                                        established under title II of 
                                        the Social Security Act (42 
                                        U.S.C. 401 et seq.), the 
                                        supplemental security income 
                                        program under title XVI of such 
                                        Act (42 U.S.C. 1381 et seq.), 
                                        or provisions in the Internal 
                                        Revenue Code of 1986 that could 
                                        be altered to help achieve 
                                        long-term solvency.
                    (B) Committee consideration.--
                            (i) In general.--A Social Security bill 
                        introduced in the Senate shall be referred to 
                        the Committee on Finance (in this clause, 
                        referred to as the ``Committee'').
                            (ii) Amendments.--It shall be in order for 
                        the Committee to consider and adopt amendments 
                        to the Social Security bill. It shall not be in 
                        order for the Committee to consider or adopt 
                        any amendment to the Social Security bill that 
                        causes the bill to not achieve long-term 
                        solvency for the Trust Funds or that includes 
                        provisions that do not change outlays, 
                        revenues, or financing with respect to the old-
                        age, survivors, and disability insurance 
                        program established under title II of the 
                        Social Security Act (42 U.S.C. 401 et seq.), 
                        the supplemental security income program under 
                        title XVI of such Act (42 U.S.C. 1381 et seq.), 
                        or provisions in the Internal Revenue Code of 
                        1986 that could be altered to help achieve 
                        long-term solvency.
                            (iii) Reporting.--The Committee shall 
                        report the bill on November 18, 2026, or the 
                        first day thereafter on which the Senate is in 
                        session. If the Committee fails to report the 
                        bill within that period, the Committee shall be 
                        automatically discharged from consideration of 
                        the bill, and the bill shall be placed on the 
                        appropriate calendar.
            (2) Filing deadline and certification.--
                    (A) Filing deadline.--Not later than November 18, 
                2026, or the first day thereafter on which the Senate 
                is in session, Members may file substitute amendments, 
                and amendments shall be printed in the Congressional 
                Record on the day such amendments are filed.
                    (B) Certification.--Not later than November 30, 
                2026, or the first day thereafter on which the Senate 
                is in session, the Chairman and Ranking Member of the 
                Committee on Finance (in consultation with the Chief 
                Actuary of the Social Security Administration and the 
                Parliamentarian of the Senate) shall certify whether 
                the complete substitute amendments filed under 
                subparagraph (A) meet the criteria described in items 
                (aa) and (bb) of paragraph (3)(A)(iii)(II) and print 
                the list of certified amendments in the Congressional 
                Record.
            (3) Procedures.--
                    (A) Consideration in senate.--
                            (i) In general.--Notwithstanding Rule XXII 
                        of the Standing Rules of the Senate, it is in 
                        order, not later than November 30, 2026, or the 
                        first day thereafter on which the Senate is in 
                        session, for the Majority Leader of the Senate 
                        or the Majority Leader's designee to move to 
                        proceed to the consideration of the Social 
                        Security bill. It shall also be in order for 
                        any Member of the Senate to move to proceed to 
                        the consideration of the Social Security bill 
                        at any time after that period. A motion to 
                        proceed is in order even though a previous 
                        motion to the same effect has been disagreed 
                        to. All points of order, including budgetary 
                        points of order, against the motion to proceed 
                        to the Social Security bill are waived. The 
                        motion to proceed is not debatable. The motion 
                        is not subject to a motion to postpone. A 
                        motion to reconsider the vote by which the 
                        motion is agreed to or disagreed to shall not 
                        be in order. If a motion to proceed to the 
                        consideration of the Social Security bill is 
                        agreed to, the Social Security bill shall 
                        remain the unfinished business until disposed 
                        of.
                            (ii) Consideration.--All points of order, 
                        including budgetary points of order, against 
                        the Social Security bill and against 
                        consideration of the Social Security bill are 
                        waived. Consideration of the Social Security 
                        bill and of all debatable motions and appeals 
                        in connection therewith shall not exceed a 
                        total of 30 hours. Debate shall be divided 
                        equally between the Majority Leader and 
                        Minority Leader or their designees. A motion to 
                        further limit debate on the Social Security 
                        bill is in order, shall require an affirmative 
                        vote of three-fifths of the Members duly chosen 
                        and sworn, and is not debatable. Any debatable 
                        motion or appeal is debatable for a period not 
                        to exceed 1 hour, to be divided equally between 
                        the Majority Leader and Minority Leader. All 
                        time used for consideration of the Social 
                        Security bill, including time used for quorum 
                        calls and voting, shall be counted against the 
                        total 30 hours of consideration.
                            (iii) Restriction on amendments and 
                        motions.--
                                    (I) In general.--Except as provided 
                                in subclause (II), an amendment to the 
                                Social Security bill, or a motion to 
                                postpone, or a motion to proceed to the 
                                consideration of other business, or a 
                                motion to recommit the Social Security 
                                bill is not in order. All points of 
                                order, including budgetary points of 
                                order, against the consideration of 
                                substitute amendments to the Social 
                                Security bill are waived.
                                    (II) Substitute amendments.--
                                            (aa) In general.--It shall 
                                        be in order in the Senate to 
                                        consider any substitute 
                                        amendment to the Social 
                                        Security bill that, as 
                                        determined by the Chairman and 
                                        Ranking Member of the Committee 
                                        on Finance (in consultation 
                                        with the Chief Actuary of the 
                                        Social Security 
                                        Administration), achieves long-
                                        term solvency for the Trust 
                                        Funds, with such determination 
                                        to be submitted by the Chairman 
                                        and Ranking Member for printing 
                                        in the Congressional Record. It 
                                        shall be in order in the Senate 
                                        for the sponsor of a substitute 
                                        amendment to make minor or 
                                        technical modifications to such 
                                        amendment.
                                            (bb) Extraneous 
                                        provisions.--It shall not be in 
                                        order in the Senate to consider 
                                        any substitute amendment to the 
                                        Social Security bill that--

                                                    (AA) does not 
                                                achieve long-term 
                                                solvency for the Trust 
                                                Funds; or

                                                    (BB) includes 
                                                provisions that do not 
                                                change outlays, 
                                                revenues, or financing 
                                                with respect to the 
                                                old-age, survivors, and 
                                                disability insurance 
                                                program established 
                                                under title II of the 
                                                Social Security Act (42 
                                                U.S.C. 401 et seq.), 
                                                the supplemental 
                                                security income program 
                                                under title XVI of such 
                                                Act (42 U.S.C. 1381 et 
                                                seq.), or provisions in 
                                                the Internal Revenue 
                                                Code of 1986 that could 
                                                be altered to help 
                                                achieve long-term 
                                                solvency.

                                            (cc) Limit on debate.--
                                        Consideration of any amendment 
                                        described in this subclause and 
                                        any debatable motions and 
                                        appeals in connection therewith 
                                        shall be limited to 2 hours, 
                                        equally divided between the 
                                        Majority Leader and the 
                                        Minority Leader. Adoption of a 
                                        substitute amendment shall 
                                        require an affirmative vote of 
                                        three-fifths of the Members, 
                                        duly chosen and sworn. An 
                                        amendment described in this 
                                        subclause is not divisible and 
                                        no amendment to a substitute 
                                        amendment shall be in order. 
                                        All time used for consideration 
                                        of any amendments described in 
                                        this subclause shall come from 
                                        the 30 hours of consideration 
                                        described in clause (ii).
                            (iv) Adoption of amendments.--If more than 
                        one of the amendments described in clause 
                        (iii)(II) is adopted, then only the one 
                        receiving the greater number of affirmative 
                        votes shall be engrossed as an amendment of the 
                        Senate. In the case of a tie for the greater 
                        number of affirmative votes, then only the last 
                        amendment to receive that number of affirmative 
                        votes shall be engrossed as an amendment of the 
                        Senate. Action on all other amendments shall be 
                        vitiated.
                            (v) Vote on passage.--The vote on passage 
                        shall occur immediately following the 
                        conclusion of consideration of a Social 
                        Security bill, and a single quorum call at the 
                        conclusion of the debate if requested. Passage 
                        shall require an affirmative vote of three-
                        fifths of the Members, duly chosen and sworn. 
                        If the Social Security bill is passed, the 
                        Secretary of the Senate shall cause the bill to 
                        be transmitted to House of Representatives 
                        before the close of the next day of session of 
                        the Senate.
                            (vi) Rulings of the chair on procedure.--
                        Appeals from the decisions of the Chair 
                        relating to the application of the rules of the 
                        Senate, as the case may be, to the procedure 
                        relating to a Social Security bill shall be 
                        debatable for a period not to exceed 1 hour, to 
                        be divided equally between the Majority Leader 
                        and the Minority Leader.
                    (B) Receipt of the house of representatives 
                measures.--
                            (i) Identical bill.--If the Senate receives 
                        from the House of Representatives a bill that 
                        is identical to the Social Security bill 
                        pending in or passed by the Senate, the bill so 
                        received shall not be referred to committee, 
                        shall be placed on the calendar, and shall not 
                        be debatable, and the vote on passage of the 
                        Social Security bill in the Senate, whether 
                        occurring before or after such receipt, shall 
                        be considered to be the vote on passage of the 
                        bill received from the House of 
                        Representatives.
                            (ii) Vetoes.--If the President vetoes the 
                        Social Security bill, consideration of the veto 
                        message in the Senate under this section shall 
                        be limited to 1 hour, equally divided between 
                        the Majority Leader and the Minority Leader or 
                        their designees.
            (4) Suspension.--No motion to suspend the application of 
        this subsection shall be in order in the Senate.
            (5) Rule of construction.--If the House of Representatives 
        passes a Social Security bill that is different from such a 
        bill passed in the Senate, nothing in this subsection shall be 
        construed to prevent the House of Representatives and Senate 
        from resolving such differences through a conference committee.
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