His bill — Social Security 2100 Act — would include a 2% across-the-board benefit increase, as well as more generous benefits for low-income seniors, and other enhancements.
Those benefit boosts would be paid for by making it so earnings over $400,000 are subject to Social Security payroll taxes.
Larson's Social Security proposal currently has almost 200 House co-sponsors, with companion legislation in the Senate.
watch now"The fact that there hasn't been votes on something as critically important to 70 million Americans as Social Security is … why isn't there a vote?"
At the time, there was a question as to whether to focus on Social Security instead.
Persons:
Joe Biden, John Larson, Conn, Drew Angerer, hasn't, Larson, Barack Obama, — Larson, Elizabeth Warren, Bernie Sanders
Organizations:
Capitol, Getty, Democratic, Social, Security, Social Security, CNBC, D.C, Affordable, Republicans
Locations:
Washington, Larson's, U.S, Sens