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Safeguarding Social Security and Medicare Act
To direct the Comptroller General of the United States to carry out a study relating to the resiliency of Social Security and Medicare.
Summary
This bill directs the Comptroller General of the United States to conduct a study on how inflation and rising costs of living affect Social Security and Medicare benefits. The study must be completed and reported to Congress within one year of the bill's enactment. The bill also requires the Comptroller General to provide recommendations on any legislative actions needed to ensure these programs can continue providing full benefits. The study addresses concerns about the financial impact of inflation on the millions of Americans receiving Social Security and Medicare benefits.
AI-generated plain-language summary of the bill text — neutral, and may be imperfect. See the full text below for the exact wording.
Sponsor (1)
- Rep. Nunn, Zachary [R-IA-3] (R-IA)
1 cosponsor
Money behind the sponsor
Top reported contributors to Zachary Nunn’s campaign committee (2024 cycle) — who funds the bill’s sponsor, not a claim about this bill. Data from FEC.
- NULL $397,838
- MARQUIS MANAGEMENT INC. $16,550
- BRODIE GENERATIONAL CAPITAL PARTNERS $16,500
- STARKEY HEARING TECHNOLOGIES $13,200
- APOLLO GLOBAL MGMT $13,000
Organizations whose employees gave the most — itemized individual contributions grouped by the donor’s reported employer (FEC Schedule A). Full finance for Zachary Nunn → · Outside spending →
Actions (2)
- Feb 13, 2025 Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, 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. · house
- Feb 13, 2025 Introduced in House
More bills on these subjects (8)
Other bills that carry the most legislative subjects in common with this one (topical discovery — distinct from the procedural related bills above).
Similar bills (6)
Bills with similar text or summary — includes reintroductions across Congresses. Ranked by semantic similarity of the bill text (computed locally); a neutral discovery aid, not a claim the bills are duplicates.
Text versions (1)
Bills are re-published as they move (Introduced → Reported → Engrossed → Enrolled …). Each stage below is a separate text; pick two to see what changed. Data from Congress.gov.
Full text
IN THE HOUSE OF REPRESENTATIVES
February 13, 2025
Mr. Nunn of Iowa (for himself and Mr. Davis of North Carolina) introduced the following bill; which was referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, 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
A BILL
To direct the Comptroller General of the United States to carry out a study relating to the resiliency of Social Security and Medicare.
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 “Safeguarding Social Security and Medicare Act”.
SEC. 2. FINDINGS.
Congress finds the following:
(1) Congress must protect the resiliency and longevity of Social Security and Medicare.
(2) 71.7 million people receive Social Security benefits and 66.6 million people receive Medicare benefits.
(3) Medicare is critical to our elderly and disabled population and their families.
(4) Social Security benefits are necessary for our elderly population who already survive on limited budgets.
(5) Seniors earn their benefits after contributing their payroll taxes for decades.
(6) American workers are contributing with the promise of a financially secure future for themselves and their families.
(7) The increased cost of living and record levels of inflation continue to put a financial strain on every American, especially those on Social Security and Medicare.
(8) It is necessary to carry out a study to understand how cost of living and inflation projections will affect Social Security and Medicare and to provide recommendations to Congress.
SEC. 3. STUDY ON SOCIAL SECURITY AND MEDICARE.
Not later than 1 year after the date of enactment of this Act, the Comptroller General shall conduct a study and submit a report to Congress on the following:
(1) The effect of inflation and cost of living increases on Medicare and the Old-Age Survivor and Disability Insurance program under title II of the Social Security Act (42 U.S.C. 401 et seq.).
(2) Recommendations on any legislative actions necessary to improve the ability to provide full benefits under such programs. <all>
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