Tag: social security financing shortfall
The Republican Study Committee (RSC) has just released its FY 2024 Budget Protecting America’s Economic Security and once again called for significant cuts to Social Security. The RSC has served as the conservative caucus of House Republicans since its founding in 1973, and it currently consists of 175 of the 222 Republican House members. T…
The first bill out of the gate this year to solve the Social Security financing problem was the Social Security 2100 Act, proposed by Representative John Larson (D-CT), Chairman of the House Ways and Means Subcommittee on Social Security; Senator Richard Blumenthal (D-CT); and Senator Chris van Hollen (D-MD). This legislation retains – and even…