Despite what some of my Republican colleagues have said, Social Security is not going broke. It has a $2.8 trillion surplus and can pay every benefit owed to every eligible American for the next 18 years.
Stand with Bernie Sanders!
It's time to scrap the cap and expand Social Security!
At a time of massive wealth inequality, when 99% of all new income generated in this country goes to the top 1%, and when over half of the American people have less than $10,000 in savings, the last thing we should do is cut Social Security.
The best way to extend the lifespan of the Social Security trust fund is to scrap the cap on taxable earnings. Today, a Wall Street CEO who makes $18 million a year pays the same into Social Security as someone earning $118,500. That's absurd. If we simply applied the payroll tax on income above $250,000, not only could we extend Social Security's solvency until 2065, we could also increase benefits to meet the elderly's higher living expenses.
Stand with U.S. Senator Bernie Sanders and Social Security Works in demanding that Congress scrap the cap and expand, not cut Social Security!
To Congress:
With the average Social Security benefit today being just $1,328 a month, and more than one-third of our senior citizens relying on Social Security for virtually all of their income, our job is to expand benefits, not cut them.
We call on you to scrap the payroll tax cap on income above $250,000, extend Social Security's solvency until 2065 and increase benefits to meet the elderly's higher living expenses.
With the average Social Security benefit today being just $1,328 a month, and more than one-third of our senior citizens relying on Social Security for virtually all of their income, our job is to expand benefits, not cut them.
We call on you to scrap the payroll tax cap on income above $250,000, extend Social Security's solvency until 2065 and increase benefits to meet the elderly's higher living expenses.
Thank you for standing with U.S. Senator Bernie Sanders and Social Security Works and in calling on Congress to expand Social Security benefits for millions of Americans by asking the very wealthy to pay their fair share. Today there are 43 U.S. Senators on record supporting expansion. Just a year ago that number was in the single digits. You have transformed the discussion around the future of Social Security, but our work is far from over. With Wall Street billionaires and Republicans in Congress focused on cutting the benefits of millions of retirees, children, veterans and disabled workers, we must continue to fight to ensure our elected officials get the message: Expand, don’t cut Social Security!
The TRUTH will set you FREE.
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