Social Security Archives - John B. Larson For Congress

Larson: Trump and Musk’s Cuts Are the Real ‘Scam,’ Not Social Security

Washington, D.C. – Congressman John B. Larson (CT-01) released the following statement blasting Elon Musk’s false attacks as the Trump Administration puts into motion their plan to gut Social Security. “President Trump has called Social Security a ‘scam,’ and now Elon Musk is calling it a ‘Ponzi scheme.’ Here is the big scam…the big scam is […]

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Larson: Trump Can’t Hide From His Record on Social Security, Biden Has a Plan to Protect and Enhance Earned Benefits

Press Release / [email protected]

Washington, D.C. – Today, Congressman John Larson(CT-01) released the following statement responding to Donald Trump’s attacks on Social Security and President Biden’s plan to protect it from cuts during last night’s presidential debate. “Last night, the differences were clear on Social Security,” said Larson. “President Biden called for strengthening Social Security by finally making billionaires and

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Larson Receives Inaugural Harkin Institute Visionary Award

Press Release / [email protected]

Washington, D.C. – Last week, Ranking Member of the Social Security Subcommittee John B. Larson (CT-01) served as the keynote speaker at the Harkin Retirement Security Symposium and was awarded the inaugural “Visionary Award” from the Harkin Institute. The Visionary Award in Retirement Security is given to someone who has dedicated a substantial part of their career

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“‘Social Security doesn’t even cover my entire rent.’ How retirees say Congress should change benefits”

In the News, News / [email protected]

Originally published by CNBC– It’s no secret that Social Security is underfunded, and many Americans are struggling to scrape by on their monthly benefit checks. Now, congressional leaders have raised a key question on reforming the program. “Should we vote now or should we kick the can down the road?” said Rep. John Larson, D-Conn.,

“‘Social Security doesn’t even cover my entire rent.’ How retirees say Congress should change benefits” Read More »

“Strengthen, Don’t Sunset, Social Security”

News, Opinion / [email protected]

Originally published by Wall Street Journal– In “Why I’m Defying Beltway Cowardice” (op-ed, March 4), Sen. Rick Scott defends his Rescue America Plan. I give him credit for being honest about what Republicans intend to do: raise taxes on lower- and middle-income Americans and end federal programs after five years. His plan is cruel and

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“Fred Goldenberg: Raise the cap and save Social Security”

In the News, News / [email protected]

Originally published by Record Eagle– On Jan. 1, 2022 — 61 seconds into the new year — Jeff Bezos hit his income cap for Social Security payroll tax. The world’s richest man, whose net worth is over $200 billion dollars, contributed to Social Security his 6.2 percent payroll tax withholding of $9,114 — based on

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“The AARP Releases New Plan for Social Security Reform”

In the News, News / [email protected]

Originally published by National Interest– The Social Security Administration announced last August that its main trust fund will no longer be able to pay full benefits by 2034, a year earlier than previously projected. That means that unless Congress acts before then to change the formula for Social Security funding, recipients will receive less than in the

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“New Bill Aims to Protect Social Security Recipients from Fraud”

In the News, News / [email protected]

Originally published by National Interest– While it’s not clear exactly what Congress might do to save Social Security, some lawmakers are already working on their own solutions. Rep. John Larson (D-CT) has introduced a bill to protect the Social Security program, although it’s far from clear that it will be passed. Meanwhile, a report last week stated

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“Opinion: Losing a spouse’s Social Security benefit can push the elderly into poverty”

News, Opinion / [email protected]

Originally published by MarketWatch– This problem is especially vexing for women, who typically experience a nearly 40% drop in household income after a spouse passes away (compared to a 22% drop for men). Because women typically live longer than men, widows may have to stretch out their retirement assets over a longer period of time. And by

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Democrats should make Social Security a top issue in the midterms — here’s how and why

Opinion / [email protected]

Originally published by The Hill– The nation is facing a retirement income crisis. Social Security is unquestionably the nation’s most important source of retirement income. But the last time Congress expanded Social Security was when Richard Nixon was president. Unless this Congress addresses the crisis by expanding Social Security, too many Americans will be unable to retire

Democrats should make Social Security a top issue in the midterms — here’s how and why Read More »

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P.O. Box 261172, Hartford, CT 06126

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