PlainBillCongress, translated.Legislation. Context. Public interest.Read twice and referred to the Committee on Finance.
Congressional Research Service
Version 00 · Introduced in Senate · Apr 7, 2000
Straight Talk on Social Security Act - Amends the Social Security Act to require social security account statements to contain: (1) a comparison of the annual social security tax inflows to the amount paid in benefits annually and a statement of whether the ratio will result in a cash flow deficit and what year such deficit will commence as well as the first year in which funds in the Federal Old-Age and Survivors and Disability Insurance Trust Funds will cease to be sufficient to cover the deficit and the percentage of benefits due at that time that could be paid from annual tax inflows; and (2) an explanation of the average rate of return that a taxpayer can expect to receive on old-age insurance benefits as compared to the total amount of social security taxes a taxpayer expects to pay.
People & committees
Sen. McCain, John [R-AZ] · R–AZ
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Read twice and referred to the Committee on Finance.
Introduced in Senate
Primary sources
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Source last updated: Aug 20, 2025. Consult Congress.gov for the current record.
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Analyze S.2381 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.
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