House Budget Cmte. Holds Hearing on Social Security Trustees Report
Ranking Committee Member Brendan Boyle (D-PA) Republicans and Democrats
National Committee Backs Biden; Campaign Launches Seniors For Biden-Harris
For only the second time in our history, the National Committee to Preserve Social Security and Medicare is endorsing a candidate for President of the United States. And for the second time, that candidate is Joe Biden. NCPSSM broke precedent in 2020 because we believed Joe Biden would fight for America’s seniors --- and protect Social Security and Medicare. We did not trust Donald Trump to safeguard either program or to uphold other cherished American institutions. Four years later, those beliefs have been validated beyond dispute.
Dem/GOP Split on Social Security Apparent in Hill Hearing
The House Ways and Means Social Security Subcommittee held a hearing about the program's trustees' projection that the Social Security trust fund will become depleted in 2035, absent Congressional action. Even so, Social Security still could pay 83% of scheduled benefits at that time. No one wants Congressional inaction, but the hearing emphasized the difference in the two parties' approaches to the problem.
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