,i #aaith ,,congress #ast ,session ,h4 ,r4 #acci ,,in ,,the ,,house ,,of ,,representatives ,february #ac1 #bjbe,mr4 ,nunn of ,iowa 7for himself and ,mr4 ,davis of ,north ,carolina7 introduced the following bill2 which was referred to the ,committee on ,ways and ,means1 and in addition to the ,committee on ,energy and ,commerce1 for a period to be subsequently determined by the ,speaker1 in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned ,a ,,bill ,to direct the ,comptroller ,general of the ,united ,states to carry out a study relating to the resiliency of ,social ,security and ,medicare4 #a4 ,short title ,this ,act may be cited as the ,safeguarding ,social ,security and ,medicare ,act4 #b4 ,findings ,congress finds the following3 7#a7 ,congress must protect the resiliency and longevity of ,social ,security and ,medicare4 7#b7 #ga4g million people receive ,social ,security benefits and #ff4f million people receive ,medicare benefits4 7#c7 ,medicare is critical to our elderly and disabled population and their families4 7#d7 ,social ,security benefits are necessary for our elderly population who already survive on limited budgets4 7#e7 ,seniors earn their benefits after contributing their payroll taxes for decades4 7#f7 ,american workers are contributing with the promise of a financially secure future for themselves and their families4 7#g7 ,the increased cost of living and record levels of inflation continue to put a financial strain on every ,american1 especially those on ,social ,security and ,medicare4 7#h7 ,it is necessary to carry out a study to understand how cost of living and inflation projections will affect ,social ,security and ,medicare and to provide recommendations to ,congress4 #c4 ,study on social security and medicare ,not later than #a year after the date of enactment of this ,act1 the ,comptroller ,general shall conduct a study and submit a report to ,congress on the following3 7#a7 ,the effect of inflation and cost of living increases on ,medicare and the ,old-,age ,survivor and ,disability ,insurance program under title ,,ii of the ,social ,security ,act 7#db ,u4,s4,c4 #dja et seq474 7#b7 ,recommendations on any legislative actions necessary to improve the ability to provide full benefits under such programs4