Social Security Cost of Living Increase Act of 2023
Last action on Feb 27, 2025Referred to the House Committee on Oversight and Governme...
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Summary
Social Security Cost of Living Increase Act of 2023
This bill bases cost-of-living adjustments for Social Security benefits on a price index that tracks the spending patterns of older consumers. The Bureau of Labor Statistics of the Department of Labor must publish that price index on a monthly basis.
Lifecycle of the Bill
Introduced in House
Feb 27, 2025
Introduced in House
Feb 27, 2025
Referred to the House Committee on Oversight and Government Reform.
Feb 27, 2025
