What a Republican Senate means for Social Security
Americans love Social Security. You work your whole life, paying in with the promise that Social Security will be there if you're disabled or when you retire. It's been a backbone for seniors for almost a century. So why are Senate Republicans putting forth a plan that guts Social Security?
Senator Rick Scott is the head of the Senate Republicans' campaign arm, and his plan would cut Social Security, breaking a core promise Americans have relied on for generations. Other Republican Senators have echoed the call.
Generations of workers have paid into Social Security. We cannot betray their investment, and in fact we need to strengthen it!
My plan to strengthen Social Security is simple common sense:
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Require the wealthiest Americans to pay their fair share in taxes. Most Americans pay Social Security contributions on all of their earnings. But not the wealthy. So let's have people making more than $250,000 pay into the Social Security fund on those earnings. More than 90% of Americans would not see their taxes go up under this plan.
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Adopt a cost of living adjustment that includes the rapidly rising costs of health care and prescription drugs. The annual adjustment doesn't reflect the actual costs seniors face. Let's increase the benefits so they keep up with expenses. Combined, these reforms will ensure Social Security remains solvent for decades and serves America's seniors better.
And as for Rick Scott's plan?
He wants to end all federal programs, including Social Security, after five years. Remember when former House Speaker Paul Ryan kept trying to cut Medicare and Social Security? This isn't a new plan. The wealthy CEOs don't rely on Social Security, so the GOP don't care about Social Security.
But we do, and we'll fight the MAGA Republicans to make sure we keep the promise of Social Security to hardworking Americans who spend their lives paying in so it's there when they need it.
Onward!
Jeff
