Protecting and Preserving Social Security Act

# Protecting and Preserving Social Security Act Summary **What It Would Do** This bill, currently under review in the Senate, would protect Social Security benefits from being reduced. While the bill's full details aren't specified in the available information, bills with this title typically aim to prevent automatic benefit cuts that are scheduled to occur when the Social Security Trust Fund runs out of reserves (projected around 2033). They usually accomplish this by adjusting how the program is funded or structured to ensure current and future retirees continue receiving full benefits. **Who It Affects** The legislation would impact current Social Security recipients (seniors and people with disabilities) and future retirees.

It could also affect working Americans through potential changes to payroll taxes or other funding mechanisms, depending on the specific provisions included in the final bill. **Current Status** As of now, the bill remains in committee, meaning it's in the early stages of the legislative process and has not yet been debated or voted on by the full Senate. For the most current information on what specific changes this bill proposes, you would need to check Congress.gov or the bill's official text.