A resolution establishing a process to assure the long-term fiscal stability of the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund.

Bill Cassidy's resolution would create a formal process for Congress to address Social Security's long-term finances. It requires the Senate Majority Leader to form a bipartisan working group by August 10, 2026, drawn from Senate Finance Committee leadership and party leaders (with optional House participation), to develop recommendations ensuring the Social Security trust funds can pay full benefits for at least 50 years. The group must collect public input, hold listening sessions, and submit a report with at least two legislative options by October 1, 2026.

The process primarily affects members of Congress and the legislative procedure itself, rather than the public directly, though its ultimate goal is preserving Social Security retirement, survivors, and disability benefits for current and future beneficiaries. Any resulting "Social Security bill" would be limited to provisions affecting Social Security, Supplemental Security Income, or related tax code sections, and would follow expedited Senate procedures, including debate limits and a required three-fifths vote for passage.

The resolution was introduced in the Senate on August 6, 2026, by Senator Cassidy (with Senator Durbin) and referred to the Committee on Finance. The resolution itself sets deadlines through late November 2026 for committee action, amendments, and a Senate floor vote, though these deadlines depend on the working group and committee following the outlined timeline.

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