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Social Security Trustees Report Signals Now is the Time to Strengthen & Expand the Program

Americans who rely on Social Security can exhale for a moment now that the program’s Trustees have reported that the trust fund will remain solvent until 2034. That’s only one year earlier than projected in last year’s report. It is time to strengthen and expand the program.
2021-08-31T17:33:32-04:00August 31st, 2021|Categories: COLAs, Congress, Democrats, Rep. John Larson, Social Security|

Rep. Larson to Introduce Revised Social Security Expansion Bill

Next week, Social Security will mark its 86th anniversary of providing Americans with basic financial security in old age (and, since 1956, upon becoming disabled). And yet, quite incredibly, baseline Social Security benefits haven’t been expanded in fifty years – even though seniors’ living costs have soared over the decades. Congressman John Larson (D-CT) is once again hoping to change that. Larson, a true Social Security champion who introduced legislation to boost Social Security in previous Congresses, has now released the details of a revamped bill to increase benefits and extend the program’s solvency.
2021-08-12T20:40:54-04:00August 5th, 2021|Categories: Congress, Democrats, GOP, Joe Biden, Payroll Tax Cap, President Biden, Rep. John Larson, Social Security|

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