HR 1688 · 118th Congress · Social Welfare

Social Security Cost of Living Increase Act of 2023

Introduced 2023-03-21· Sponsored by Rep. Smith, Christopher H. [R-NJ-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Social Security.(2024-12-17)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only