Bernie Sanders, Elizabeth Warren, and other Democrats are once again trying to give retirees an additional $2,400 in their Social Security checks
, that cap would be lifted, and income over $250,000 would be subject to the payroll tax.
It's not the first time Sanders has taken a swing at beefing up benefits and extending solvency. The progressive from Vermont introduced similar legislation. But the introduction of this legislation comes as negotiations over raising the debt limit are heating up — and Social Security, along with Medicare, have taken the spotlight.
last month that cuts to both of those programs are"off the table," but Biden and Democratic lawmakers have continued to blast the GOP over their past comments on the issue.
last week that would rescind Internal Revenue Service funding and reallocate it to Medicare and Social Security to"address threats of insolvency." That has not stopped Biden and the White House from blasting his proposal. During remarks last week in Scott's home state of Florida, Biden even brought pamphlets of Scott's plan and"Well, let me say this," Biden said."If that's your dream, I'm your nightmare."Subscribe to push notifications
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