December 13, 2021
President Roach Pushes for a Vote on Social Security Expansion at Congressional Hearing
Rep. John Larson (CT), House Ways and Means Social Security Subcommittee Chairman, and Alliance President Robert Roach, Jr. urged lawmakers to support H.R. 5723, “The Social Security 2100 Act: A Sacred Trust,” during a hearing on the bill Tuesday. Connecticut Alliance state President Bette Marafino also testified at the hearing.
Rep. Larson’s bill expands and strengthens Social Security, increasing benefits for all beneficiaries by requiring wealthy Americans to pay Social Security payroll tax on wages above $400,000. It will also restore earned Social Security benefits to more than 2 million public sector retirees by repealing the Windfall Elimination Provision and Government Pension Offset.
A vote on the bill, which currently has 196 co-sponsors in the House, could come as soon as this spring.
“Nearly 50% of retired Americans today depend on Social Security for half of their income, and one in four Americans over age 65 relies on Social Security for 90% of their income,” said President Roach as he made the case for expansion during his testimony.
“With so many retirees worried about the high cost of their medications and essentials, an increase in their earned Social Security benefits is critical,” added President Marafino.