[Congressional Record Volume 172, Number 114 (Tuesday, July 14, 2026)]
[Senate]
[Pages S3942-S3946]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

      By Mr. DURBIN (for himself, Mr. Cassidy, Mr. Kaine, Mr. Tillis, 
        Mr. King, Mr. Cornyn, Mr. Coons, and Mr. Armstrong):

  S. 4979. A bill to establish 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; to the Committee on 
Finance.
  Mr. DURBIN. Mr. President, I would like to speak on a separate topic.
  In 1935, President Franklin Roosevelt decided to try something. The 
idea was to create a pension plan for every American. Why? Because many 
people, despite working hard their whole lives, doing their best to 
save money, ended up almost penniless when they retired, when they were 
forced to quit working.
  Those were the days when Grandma and Grandpa moved into the spare 
bedroom in your house. If that didn't happen to you, ask your father or 
even grandfather--they will remember those times.
  So Franklin Roosevelt said: Let's create a pension system so that 
after you retire, there will be some money coming in. You pay into it 
all your working life. When you reach the age of retirement, you get a 
benefit from it.
  They called it Social Security. It was passed into law in 1935. It 
made its first payment 5 years later in 1940.
  I think it has become arguably the most important social program in 
America. Certainly, more Americans have participated in Social Security 
than almost every other program. And they should. They earned it. They 
worked for it. They were promised. The promise should be kept.
  How is Social Security doing? Well, that is why I am standing here 
before you today. Last month, the Social Security Board of Trustees 
released an alarming report about the status of Social Security's 
finances. That Board found that Social Security will be unable to make 
full payments to eligible Americans by 2032. That is not that far 
away--6 years. This is alarming, and it is a call to arms to Congress.
  I was elected to the House of Representatives in 1982. Scared to 
death that I was going to be a one-term Congressman, I was looking over 
my shoulder every 5 minutes to see what was going to knock me out of my 
perch there.
  Well, they came in and said: There is news for you, new Congressman. 
Social Security is about to go broke.
  The year was 1983, and we could see in the short term, Social 
Security unable to make its benefit payments. That would have been a 
disaster in 1983. We rose to the occasion. We had a Republican 
President, Ronald Reagan. We had a Democratic House of Representatives 
with Tip O'Neill. We set out to write a change in Social Security that 
would save it so it could keep making payments. Well, it took a long 
time, it took several months, but we got it done, and we passed it. Our 
goal was to buy 50 years of solvency for Social Security, make changes 
to the program so that it would last, keep paying its benefits as 
promised for 50 years.
  That was 1983. I voted for it. Democrats and Republicans all voted 
for it. To my knowledge, not a single Member of Congress lost 
reelection over that vote. People said: We had to do it. There was no 
question about it. It was a tough vote, but it was the right vote.
  It was 1983. Fifty years of solvency--where does it take you? To 
2033. And what is the situation we were just told? This program that we 
value so much is going to last until the end of 2032. It worked. Fifty 
years of changes worked.
  Now the question is basically this: Can we respond with the same 
bipartisan effort to buy 50 years more of solvency in Social Security? 
I think we can. Social Security unable to make its payments in 2032 is 
an alarm bell. It is a call to action for Congress, both political 
parties--not just Democrats but Republicans as well.
  Social Security is the bedrock promise of secure retirement and has 
been for over 90 years in America. Americans pay into the system 
throughout their careers of hard work, and come the time, that same 
program was supposed to be there to give them peace of mind when they 
seek retirement. Well, we know we have 6 short years to achieve that.
  What is going to happen at the end of that 6-year period? The Board 
of advisers tells us Social Security will only be able to pay 78 
percent of benefits.
  Translate that, Durbin. Put it in English.
  That means the average senior citizen faces monthly--monthly--benefit 
cuts of $450--$450 a month cut from Social Security. For some, that is 
quite an inconvenience. For others, that is quite a disaster. It would 
force many seniors to choose between purchasing groceries, paying their 
utility bills, or filling their prescriptions. Honest to goodness, it 
is that basic.
  Seventy million Americans, including seniors and people with 
disabilities, rely on Social Security to afford the basics in life: 
food, medication, housing, utilities, and so many other things.
  In my home State of Illinois, more than 2 million people receive 
Social Security. Twenty percent of Illinois seniors rely on Social 
Security for virtually all of their income. That is it, that Social 
Security check.
  If Congress sits on its hands and does nothing to respond to this 
crisis, millions of Americans will be expected to make ends meet with 
fewer and fewer dollars each month.
  The fact of the matter is that Congress has known about this issue of 
insolvency for quite some time, but year after year, Congress has 
avoided confronting the question, instead kicking the can down the road 
for a future Congress to show the courage to step up and save the 
program. That is unacceptable. We owe it to our seniors. We owe it to 
ourselves. We owe it to our reputation. We know that the longer we 
wait, the more drastic the policy changes become. We owe it to every 
American to save Social Security.

[[Page S3943]]

  Today, I am doing something that is rarely done in the Senate: 
introducing a bill sponsored by a bipartisan group of Senators--four 
Democrats, four Republicans. Our goal is to protect and strengthen 
Social Security. Our bill is called the PROMISE Act. It seeks to create 
a fair, bipartisan process to ensure Congress finally debates and votes 
on the future of Social Security.
  Under our proposal, the independent and bipartisan Social Security 
Advisory Board would collect public input and send a proposal to 
Congress that would keep the trust fund for Social Security solvent for 
50 years at least. That would kick-start a process in both the House 
and the Senate to do something we rarely, rarely do around here. It is 
called legislating--writing a law, passing a law. Under our bill, 
Congress would have the opportunity to hold hearings, offer amendments, 
debate competing proposals, and ultimately vote on them.
  You say at this point: OK, Senator Durbin. What is this plan to save 
Social Security?
  That is the beauty of this proposal. We create an opportunity for 
alternative plans to be offered, and the one with the most votes--as 
long as it gets 60 votes in the Senate--the one with the most votes 
will prevail and will be the work product of the Senate on Social 
Security.
  Our legislation does not lower the 60-vote threshold of the Senate, 
nor does it predetermine any specific outcome.
  It may not work. We may not be able to put together any bill that 
gets 60 votes. But goodness gracious, we were sent here to try, weren't 
we? It simply guarantees that the American people, through their 
elected representatives, are finally going to have an open, transparent 
debate.
  I have gone to Members of the Senate on both sides of the aisle and 
said: What we want to do is give you your day in court, give you your 
day in the Senate. You bring your best idea and the Parliamentarian 
looks at it and says there is proof here that this has at least 50 
years of solvency for Social Security, you can offer this amendment, 
Senator. Give it your best.
  Members would be able to offer substitute proposals provided that it 
is at least 50 years of Social Security solvency.
  Let me say it another way. Every Member with a serious proposal for 
the most important social program in America would have the opportunity 
to bring their idea to the table, to the floor, and get a vote. That is 
so rare around here. It restores the Senate to debating, amending, and 
voting under regular order--compared to what we see today.
  Many of my colleagues have been working on proposals for a number of 
years. Many are broadly popular. I will note that the senior Senator 
from Ohio, a Republican, and the senior Senator from Massachusetts, a 
Democrat, recently shared their idea to shore up the program, a 
bipartisan plan. They may offer an amendment to do just that.
  Congress has no shortage of ideas; we simply have a lack of will on 
both the left and the right. Many stakeholders would rather wait for 
that perfect political moment. Well, that is a mistake. I worry that 
moment will never come, and Americans will suffer because of that 
calculation.
  The PROMISE Act finally creates a pathway for those ideas to receive 
the consideration they deserve.
  Americans sent us to Congress not to observe the problems but to 
solve the problems, and that is what I am trying to do with the PROMISE 
Act.
  There is no greater long-term challenge before Congress than 
preserving Social Security. No excuses--we can do it this year.
  So I urge my colleagues to support this bill, to set up the process, 
the procedure, to bring it to the floor and have alternative 
substitutes for Social Security's future offered for consideration, for 
debate, and for a vote. I urge my colleagues to support this bill and 
finally kick-start the process of tackling this important issue.
  We will be working to pass this measure before we depart for the 
August recess. Is it a long shot? Maybe it is. But I think, when we 
understand the gravity of the challenge and the important 
responsibility we shoulder when we accepted this position as Senators, 
we will understand that we have to rise to that challenge. The eight of 
us--four Democrats, four Republicans--are willing to step up and say: 
Let's move forward. Let's not be afraid to legislate. Let's do it for 
the good of Social Security and the millions and millions of Americans 
who count on it.
  Mr. President, I ask unanimous consent that the text of the bill be 
printed in the Record.
  There being no objection, the text of the bill was ordered to be 
printed in the Record, as follows:

                                S. 4979

       Be it enacted by the Senate and House of Representatives of 
     the United States of America in Congress assembled,

     SECTION 1. SHORT TITLE.

       This Act may be cited as the ``Protecting Retirement 
     Opportunities and Maintaining Income Security for Everyone 
     Act of 2026'' or the ``PROMISE Act of 2026''.

     SEC. 2. ESTABLISHMENT OF PROCESS TO ASSURE SOCIAL SECURITY 
                   SOLVENCY.

       Title II of the Social Security Act (42 U.S.C. 401 et seq.) 
     is amended by inserting the following after section 201:


     ``establishment of process to assure social security solvency

       ``Sec. 201A.  (a) Definitions.-- In this section:
       ``(1) Long-term solvency.--The term `long-term solvency' 
     means the financial ability of the Federal Old-Age and 
     Survivors Insurance Trust Fund and the Federal Disability 
     Insurance Trust Fund to pay 100 percent of scheduled benefits 
     for a period of at least 50 years that begins on the date of 
     enactment of this section.
       ``(2) Social security bill.--The term `Social Security 
     bill' means a bill introduced pursuant to subsection 
     (c)(1)(B)(i) or subsection (c)(1)(B)(ii).
       ``(b) Social Security Advisory Board.--
       ``(1) In general.--The Social Security Advisory Board 
     (established under section 703) 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 this title, the 
     supplemental security income program under title XVI, or the 
     related provisions in the Internal Revenue Code of 1986.
       ``(2) Request for information.--The Social Security 
     Advisory Board 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.
       ``(3) Public listening sessions.--
       ``(A) In general.--Subject to subparagraph (B), the Social 
     Security Advisory Board shall, for the purpose of carrying 
     out this subsection, hold such public listening sessions, sit 
     and act at such times and places, require attendance of 
     stakeholders and production of books, papers, and documents, 
     take such testimony, receive such evidence, and administer 
     such oaths as the Social Security Advisory Board considers 
     advisable.
       ``(B) Procedures.--
       ``(i) Announcement.--The Social Security Advisory Board 
     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 
     the Chair of the Social Security Advisory Board determines 
     that there is good cause to begin such public listening 
     session on an earlier date.
       ``(ii) Written statement.--A stakeholder appearing before 
     the Social Security Advisory Board shall 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 witness, unless the Chair of the Social Security 
     Advisory Board--

       ``(I) determines that there is good cause for the 
     stakeholder to not file the written statement; and
       ``(II) waives the requirement that the stakeholder file the 
     written statement.

       ``(4) Technical assistance and consultation.--Upon written 
     request from the Chair of the Social Security Advisory Board, 
     the head of a Federal agency (including a legislative branch 
     agency) shall provide technical assistance to, and consult 
     with, the Social Security Advisory Board in order for the 
     Social Security Advisory Board to carry out its duties under 
     this subsection.
       ``(5) Assistance from federal agencies.--Upon request from 
     the Chair of the Social Security Advisory Board--
       ``(A) the Architect of the Capitol shall provide suitable 
     space to house the operations of the Social Security Advisory 
     Board to carry out its duties under this subsection; and
       ``(B) the Administrator of General Services shall provide 
     the administrative support services and security services 
     necessary for the Social Security Advisory Board to carry out 
     its duties under this subsection.
       ``(6) Temporary exemption.--Members of the Social Security 
     Advisory Board may, for the purpose of carrying out this 
     subsection, work more than 130 days during any period of 365 
     consecutive days on a full-time basis

[[Page S3944]]

     to carry out their duties under this subsection without such 
     work days being counted against the 130 day limitation under 
     section 202 of title 18, United States Code. The exemption 
     provided under this paragraph shall terminate after the 
     Social Security Advisory Board submits a report to Congress 
     under this subsection.
       ``(7) Report.--Not later than September 14, 2026, the 
     Social Security Advisory Board shall submit to Congress, and 
     make available to the public, a report that contains detailed 
     recommendations and proposed legislative language that meets 
     the requirements described in paragraph (1).
       ``(c) Consideration of a Social Security Bill.--
       ``(1) Introduction.--
       ``(A) Reconvening.--
       ``(i) In the senate.--

       ``(I) Convening.--Upon receipt of the report under 
     subsection (b), if the Senate has adjourned or recessed for 
     more than 2 calendar days, the Majority Leader of the Senate, 
     after consultation with the Minority Leader of the Senate, 
     shall notify the Members of the Senate that, pursuant to this 
     section, the Senate shall convene not later than 5 calendar 
     days after receipt of such report.
       ``(II) Adjourning.--Subject to paragraph (3)(A)(vi), no 
     concurrent resolution providing for the adjournment of the 
     Senate for more than 3 calendar days shall be in order until 
     the Senate votes on passage of the Social Security bill under 
     paragraph (3)(A)(v).

       ``(ii) In the house of representatives.--

       ``(I) Convening.--Upon receipt of the report under 
     subsection (b), if the House of Representatives has adjourned 
     or recessed for more than 2 calendar days, the Speaker of the 
     House of Representatives, after consultation with the 
     Minority Leader of the House of Representatives, shall notify 
     the Members of the House that, pursuant to this section, the 
     House shall convene not later than 5 calendar days after 
     receipt of such report.
       ``(II) Adjourning.--Subject to paragraph (3)(B)(ix), no 
     concurrent resolution providing for the adjournment of the 
     House of Representatives for more than 3 calendar days shall 
     be in order until the House votes on passage of the Social 
     Security bill under paragraph (3)(B)(vii).

       ``(B) Introduction of social security bill.--
       ``(i) Social security advisory board legislative 
     language.--The proposed legislative language contained in the 
     report submitted pursuant to subsection (b), upon receipt by 
     the Congress, shall (by request) be introduced not later than 
     September 17, 2026, or the first day thereafter on which the 
     Senate and House of Representatives are in session, by the 
     Majority Leader of each House of Congress, for himself, or 
     any member of either House designated by the Majority Leader. 
     If the Social Security bill is not introduced in accordance 
     with the preceding sentence in either House of Congress, then 
     any Member of that House may introduce the Social Security 
     bill on any day thereafter. Upon introduction, the Social 
     Security bill shall be referred to the appropriate committees 
     under subparagraph (C).
       ``(ii) Members of congress legislative language.--

       ``(I) In general.--In the case that the Social Security 
     Advisory Board does not submit proposed legislative language 
     pursuant to subsection (b), not later than September 17, 
     2026, the Majority Leader of each House of Congress, for 
     himself, or any Member of either House 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 
     in either House of Congress, then any Member of that House 
     may introduce legislative language subject to subclause (II) 
     on any day thereafter. Upon introduction, the legislative 
     language shall be referred to the appropriate committees 
     under subparagraph (C).
       ``(II) Requirements.--

       ``(aa) In the senate.--In the Senate, such legislative 
     language shall--
       ``(AA) achieve long-term solvency for the Trust Funds, as 
     certified by the Chairman of the Committee on Finance (in 
     consultation with the Chief Actuary of the Social Security 
     Administration);
       ``(BB) not be introduced with less than 1 Member 
     associating with the majority party and not less than 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 this title, the supplemental security 
     income program under title XVI, or the related provisions in 
     the Internal Revenue Code of 1986.
       ``(bb) In the house of representatives.--In the House of 
     Representatives, such legislative language shall --
       ``(AA) achieve long-term solvency for the Trust Funds as 
     certified by the Chairman of the Committee on Ways and Means 
     (in consultation with the Chief Actuary of the Social 
     Security Administration);
       ``(BB) not be introduced with less than 1 Member 
     associating with the majority party and not less than 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 this title, the supplemental security 
     income program under title XVI, or the related provisions in 
     the Internal Revenue Code of 1986.
       ``(C) Committee consideration.--
       ``(i) In the senate.--

       ``(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 does not change outlays, revenues, or financing with 
     respect to the old-age, survivors, and disability insurance 
     program established under this title, the supplemental 
     security income program under title XVI, or the related 
     provisions in the Internal Revenue Code of 1986.
       ``(III) Reporting.--The Committee shall report the bill on 
     November 9, 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.

       ``(ii) In the house of representatives.--

       ``(I) In general.--A Social Security bill introduced in the 
     House of Representatives shall be referred to the Committee 
     on Ways and Means (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 does not change outlays, revenues, or financing with 
     respect to the old-age, survivors, and disability insurance 
     program established under this title, the supplemental 
     security income program under title XVI, or the related 
     provisions in the Internal Revenue Code of 1986.
       ``(III) Reporting.--The Committee shall report the bill on 
     November 9, 2026, or the first day thereafter on which the 
     House 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.--
       ``(i) In the senate.--Not later than November 9, 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.
       ``(ii) In the house of representatives.--Not later than 
     November 9, 2026, or the first day thereafter on which that 
     House of Representatives is in session, Members may file 
     substitute amendments, and such amendments shall be printed 
     in the Congressional Record on the day such amendments are 
     filed.
       ``(B) Certification.--
       ``(i) In the senate.--Not later than November 16, 2026, or 
     the first day thereafter on which the Senate is in session, 
     the Chairman of the Finance Committee (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)(i) 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.
       ``(ii) In the house of representatives.--Not later than 
     November 16, 2026, or the first day thereafter on which the 
     House of Representatives is in session, the Chairman of the 
     Ways and Means Committee (in consultation with the Chief 
     Actuary of the Social Security Administration and 
     Parliamentarian of the House of Representatives) shall 
     certify whether the complete substitute amendments filed 
     under subparagraph (A)(ii) meet the criteria described in 
     items (aa) and (bb) of paragraph (3)(B)(v)(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 16, 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

[[Page S3945]]

     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 100 hours. 
     Debate shall be divided equally between the Majority and 
     Minority Leaders 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 2 
     hours, 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 100 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 of the Committee on 
     Finance (in consultation with the Chief Actuary of the Social 
     Security Administration), achieve long-term solvency for the 
     Trust Funds, with such determination to be submitted by the 
     Chairman 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 
     this title, the supplemental security income program under 
     title XVI, or the related provisions in the Internal Revenue 
     Code of 1986.
       ``(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 100 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) Adjournment.--If, by December 18, 2026, either House 
     has failed to adopt a motion to proceed to the Social 
     Security bill, paragraph (1)(A)(i)(II) shall not apply.
       ``(vii) 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) Consideration in house of representatives.--
       ``(i) Proceeding to consideration.--It shall be in order in 
     the House of Representatives, not later than November 16, 
     2026, or the first day thereafter on which the House is in 
     session, for the Majority Leader of the House of 
     Representatives 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 House of 
     Representatives to move to proceed to the consideration of 
     the Social Security bill at any time after the conclusion of 
     that period. All points of order, including budgetary points 
     of order, against the motion to proceed to the Social 
     Security bill are waived. Such a motion shall not be in order 
     after the House of Representatives has disposed of a motion 
     to proceed on the Social Security bill. The previous question 
     shall be considered as ordered on the motion to its adoption 
     without intervening motion. The motion shall not be 
     debatable. A motion to reconsider the vote by which the 
     motion is disposed of shall not be in order.
       ``(ii) Consideration.--The Social Security bill shall be 
     considered as read. All points of order, including budgetary 
     points of order, against the Social Security bill and against 
     its consideration are waived. The previous question shall be 
     considered as ordered on the Social Security bill to its 
     passage without intervening motion except 100 hours of 
     consideration equally divided and controlled by the Majority 
     Leader and the Minority Leader, and any motion to limit 
     debate. A motion to reconsider the vote on passage of the 
     Social Security bill shall not be in order.
       ``(iii) Appeals.--Appeals from decisions of the Chair 
     relating to the application of the Rules of the House of 
     Representatives 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.
       ``(iv) Application of house rules.--Except to the extent 
     specifically provided in this subparagraph, consideration of 
     a Social Security bill shall be governed by the Rules of the 
     House of Representatives. It shall not be in order in the 
     House of Representatives to consider any Social Security bill 
     introduced pursuant to the provisions of this subsection 
     under a suspension of the rules pursuant to Clause 1 of House 
     Rule XV, or under a special rule reported by the House 
     Committee on Rules.
       ``(v) Restriction on amendments.--

       ``(I) In general.--Except as provided in subclause (II), no 
     amendment to the Social Security bill shall be in order in 
     the House of Representatives. 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 House of 
     Representatives to consider any substitute amendment to the 
     Social Security bill that, as determined by the Chairman of 
     the Committee on Ways and Means (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 for printing in 
     the Congressional Record. It shall be in order in the House 
     of Representatives 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 House of Representatives 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, the supplemental security income program under 
     title XVI, or the related provisions in the Internal Revenue 
     Code of 1986.
       ``(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 1 hour, 
     equally divided between the Majority Leader and the Minority 
     Leader. Adoption of a substitute amendment shall require an 
     affirmative vote of a majority 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 100 hours of 
     consideration described in clause (ii).
       ``(vi) Adoption of amendments.--If more than one of the 
     amendments described in clause (v)(II) is adopted, then only 
     the one receiving the greater number of affirmative votes 
     shall be engrossed as an amendment of the House. 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 House. Action 
     on all other amendments shall be vitiated.
       ``(vii) Vote on passage.--Immediately following the 
     conclusion of consideration of the Social Security bill, the 
     vote on passage of the Social Security bill shall occur 
     without any intervening action or motion, requiring an 
     affirmative vote of a majority of the Members, duly chosen 
     and sworn. If the Social Security bill is passed, the Clerk 
     of the House of Representatives shall cause the bill to be 
     transmitted to the Senate before the close of the next day of 
     session of the House of Representatives.
       ``(viii) Vote.--The House Committee on Rules may not report 
     a rule or order that would have the effect of causing the 
     Social Security bill to be approved by a vote of less than a 
     majority of the Members, duly chosen and sworn.
       ``(ix) Adjournment.--If, by December 18, 2026, either House 
     has failed to adopt a motion to proceed to the Social 
     Security bill, paragraph (1)(A)(ii)(II) shall not apply.
       ``(C) Rules to coordinate action with other house.--
       ``(i) Referral.--If, before the passage by one House of a 
     Social Security bill of that House, that House receives from 
     the other House a Social Security bill, then the Social 
     Security bill of the other House shall not be referred to a 
     committee and shall immediately be placed on the calendar.
       ``(ii) Procedure.--If a House that has not voted to proceed 
     to a Social Security bill receives a Social Security bill 
     passed by the other House--

[[Page S3946]]

       ``(I) the procedure in the House that has not voted to 
     proceed to a Social Security bill shall be the same as if no 
     such bill had been introduced in that House; and
       ``(II) the bill considered in that House shall be the 
     Social Security bill of the other House.

       ``(iii) Treatment of social security bill of other house.--
     If one House fails to introduce or consider a Social Security 
     bill under this section, the Social Security bill of the 
     other House shall be entitled to the floor procedures under 
     this section.
       ``(iv) Treatment of identical companion measures in either 
     house.--If, following passage of a Social Security bill in 
     one House, that House then receives an identical companion 
     bill from the other House, the Social Security bill of the 
     other House shall not be debatable. The vote on passage of 
     the Social Security bill in the House receiving the Social 
     Security bill shall be considered to be the vote on passage 
     of the Social Security bill received from the other House.
       ``(v) Treatment of different measures in either house.-- 
     If, following passage of a Social Security bill in one House, 
     that House then receives a Social Security bill from the 
     other House that is different from the Social Security bill 
     passed by that House, the Social Security bill passed by the 
     other House shall be entitled to the floor procedures under 
     this section.
       ``(vi) Vetoes.--If the President vetoes the Social Security 
     bill, consideration on a veto message in either House under 
     this section shall be limited to 1 hour equally divided 
     between the Majority and Minority Leaders or their designees.
       ``(4) Suspension.--No motion to suspend the application of 
     this subsection shall be in order in the Senate or in the 
     House of Representatives.
       ``(d) Decennial Review.--
       ``(1) Review.--If the Social Security Board of Trustees 
     submits a report to Congress pursuant to section 201(c)(2) 
     that finds that the Trust Funds are not able to pay 100 
     percent of scheduled benefits for a period of at least 50 
     years that begins on the date such report is submitted, the 
     Social Security Board of Trustees shall notify the Social 
     Security Advisory Board.
       ``(2) Reports.--
       ``(A) In general.--If a Social Security bill is enacted 
     into law under this section, the following shall apply:
       ``(i) Mandatory reports.--If the Social Security Advisory 
     Board receives a notice described in paragraph (1) during a 
     covered year, the Social Security Advisory Board shall submit 
     to Congress a report including recommendations and proposed 
     legislative language that meets the requirements of 
     subsection (b)(1).
       ``(ii) Discretionary reports.-- If the Social Security 
     Advisory Board receives a notice described in paragraph (1) 
     during a calendar that is not a covered year, the Social 
     Security Advisory Board may submit to Congress a report 
     described in clause (i).
       ``(B) Covered year defined.--In this paragraph, the term 
     `covered year' means calendar year 2037 and every 10 years 
     thereafter.
       ``(3) Consideration.--If Congress receives a report 
     described in paragraph (2)(A)(i), Congress shall consider the 
     recommendations and proposed legislative language pursuant to 
     the process described in subsection (c), except that the 
     dates described in such subsection and subsection (b) shall 
     apply in the calendar year that such report is submitted.''.

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