Social Security Expansion Act (HR1700)
Current understanding
HR1700 (Social Security Expansion Act) is an introduced bill that would expand Social Security benefits — establishing a new minimum benefit and extending student benefits to age 22 — while broadening the program’s tax base by applying payroll taxes to earnings above $250,000 and expanding the Net Investment Income Tax. It would also merge the OASI and DI trust funds into a single Social Security Trust Fund. Higher earners (wages above $250k and investment-income households subject to NIIT) would pay more; low-benefit retirees, students up to 22, and other beneficiaries would receive more.
Evidence log
- 2026-07-21 — Social Security 2100 Act: cross-connection with social-security-2100-act: Both bills are competing/parallel 119th Congress vehicles to expand Social Security benefits and extend program solvency via higher-earner payroll taxes. (novelty: 2)
- 2026-06-23 — Safeguarding American Families and Expanding Social Security Act of 2026: cross-connection with expanding-social-security-act-2026: Both are Social Security expansion bills in the current Congress; comparison of scope (benefits expansion vs. payroll-tax base changes) will clarify who pays more/less. (novelty: 2)