Social Security: Proposal for $2,400 Extra in Checks Expanded and Reintroduced in Congress

[Hurricanelover]

Social Security: Proposal for $2,400 Extra in Checks Expanded and Reintroduced in Congress​

On Feb. 13, Democratic Sen. Bernie Sanders (Vt.) formally reintroduced The Social Security Expansion Act to Congress, and this time, he had a lot more support from fellow lawmakers pushing the initiative.

As GOBankingRates previously reported, the Social Security Expansion Act was first introduced on June 9 by Sanders and U.S. Rep. Peter DeFazio (D-Ore.). Under terms of the bill, anyone who is a current Social Security recipient, or who will turn 62 in 2023, would receive an extra $200 in each monthly check. Meaning, Social Security recipients could get an additional $2,400 a year in benefits if the bill wins approval — something seniors would no doubt welcome as inflation wipes out their annual cost-of-living increases.

While the initial June 9 introduction of the measure has remained dormant, Sanders and a new coalition of supporters — including cosigners Sen. Elizabeth Warren (D-Mass.) and Reps. Jan Schakowsky (D-Ill.) and Val Hoyle (D-Ore.) — have renewed interest amid proposed cuts to Social Security as the U.S. faces its latest debt ceiling crisis.

The latest draft of the bill also provides a way forward for the severely underfunded program, ensuring that future generations can receive benefits through 2096 by taxing the highest earners in the country. According to a press release from Sanders’ office, this will be done “all without raising taxes by one penny on over 93% of American households that make $250,000 or less.”

Social Security: Proposal for $2,400 Extra in Checks Expanded and Reintroduced in Congress

Awesome!!! pass the bill. Our seniors and disabled need more money to pay the rent, buy the food, afford the electric and so much more.

 

[Toddsterpatriot]

Social Security: Proposal for $2,400 Extra in Checks Expanded and Reintroduced in Congress​

Awesome!!! pass the bill. Our seniors and disabled need more money to pay the rent, buy the food, afford the electric and so much more.

You gonna pitch in to pay the tab?

 

[BasicHumanUnit]

Good thing they can run those printing presses 24/7.
Too bad that after they do that, you'll actually need another $10,000 in "benefits" just to break even since the value of the dollar will drop massively.

Where did Socialists learn that everything is free including money and that it should be handed out like water?

 

[Concerned American]

You gonna pitch in to pay the tab?

Yeah, then SS will be gone 10 years sooner.

 

[scruffy]

Yeah, then SS will be gone 10 years sooner.

Nah. If they can print money for Ukraine they can print it for old people too.

 

[Ray From Cleveland]

Social Security: Proposal for $2,400 Extra in Checks Expanded and Reintroduced in Congress​

Awesome!!! pass the bill. Our seniors and disabled need more money to pay the rent, buy the food, afford the electric and so much more.

If we tax the rich people for national healthcare, tax the rich for expanded social programs, tax the rich for free college, what are we going to do when we run out of rich people?

 

[Mr Natural]

Go Bernie, Go!

 

[Desperado]

You gonna pitch in to pay the tab?

Cut off payment to illegals and it is a wash

 

[BluesLegend]

You gonna pitch in to pay the tab?

No, this from the OP "by taxing the highest earners in the country". Just another Dem TAX INCREASE scam. Who ends up paying these taxes? Yes the poor and working class. The rich just pass these taxes down to the poor and working class. The rich don't have to stand there and take the tax hit, they pass it on. So FU Dems.

 

[Meister]

Social Security: Proposal for $2,400 Extra in Checks Expanded and Reintroduced in Congress​

Awesome!!! pass the bill. Our seniors and disabled need more money to pay the rent, buy the food, afford the electric and so much more.

By putting a band aide on the problem will not fix the problem. You need to dig deeper and not fall for what tickles
your ears.