A bill to amend title II of the Social Security Act and the Internal Revenue Code of 1954 to establish 1974 (rather than 1975) as the first year in which adjustments in benefits, wage base, and earnings limitation, can be made on account of increases in the cost of living.

[AI summary unavailable — showing source text] Establishes 1974 (rather than 1975) as the first year in which adjustments in benefits can be made under the Old Age, Survivors, and Disability Insurance Provisions of the Social Security Act on account of increases in the cost of living.…