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.

This resolution establishes a structured process to achieve long-term solvency for the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund. Long-term solvency is defined as the ability to pay 100 percent of scheduled benefits for at least 50 years. The primary goal is to ensure the financial stability of these critical Social Security programs. A bipartisan Senate working group , consisting of 12 Senators, must be established by August 10, 2026. This group is tasked with developing recommendations and legislative language that specifically changes outlays, revenues, or financing to achieve solvency. The working group will also engage the public through requests for information and listening sessions, and can seek technical assistance from federal agencies. By October 1, 2026, the working group must submit a report containing detailed recommendations and at least two legislative proposals that meet the solvency requirements. One of these proposals, or a bipartisan alternative if the group fails, will be introduced as a "Social Security bill" by November 9, 2026. This bill will then be referred to the Senate Finance Committee for consideration. The resolution outlines an expedited legislative procedure for the Senate, with the Finance Committee required to report the bill by November 18, 2026, without amendments that compromise solvency. On the Senate floor, consideration of the bill is limited to 30 hours, and all points of order, including budgetary ones, are waived. Only substitute amendments certified by Finance Committee leadership and the Chief Actuary as achieving long-term solvency are permitted, requiring a three-fifths vote for adoption and final passage. This structured approach aims to ensure a timely and focused effort to address the financial challenges facing the Social Security Trust Funds by late 2026.