Expand Social Security
About half of older Americans rely on Social Security for most of their income; for one-quarter, it is virtually their sole source of income. Without Social Security, more than 40% of older Americans would fall into poverty.
Now, with the rising cost of living, it’s time to expand and modernize the program. The Social Security Expansion Act (S. 393 / H.R. 1046) will:
Increase Social Security benefits by $2,400 a year
Update the Cost of Living Adjustment calculation to more accurately measure the effect of inflation on the price of goods and services purchased by older Americans
Ensure Social Security is fully funded and extend its solvency now and in the future by making the wealthy pay their fair share, so everyone can retire with dignity.
A supermajority of Americans—82% of all voters—want Congress to expand Social Security across the board, and I call on you as my elected representatives to pass the Social Security Expansion Act (S. 393 / H.R. 1046) as a top priority in this session.
