Cicilline, Larson Introduce Social Security 2100 Act

Wednesday, January 30, 2019

WASHINGTON – Democratic Policy and Communications Committee (DPCC) Chair David N. Cicilline and Congressman John Larson (CT-01) introduced the Social Security 2100 Act today to ensure the retirement security of working people for another century.

 

“Social Security is a promise that after a lifetime of hard work, you should be able to retire with dignity and economic security. It’s critical that Congress preserve and strengthen this promise for years to come,” said Cicilline. “I’m proud to be working with Congressman Larson on this bill and fighting to ensure a secure retirement for working Rhode Islanders.”

 

Cicilline’s remarks from today’s introduction of the Social Security 2100 Act are available here. The bill is co-sponsored by more than 200 members of Congress.

 

“Today, over 200 Members of Congress came together on the anniversary of President Franklin Delano Roosevelt’s birth to honor his legacy, and to enhance and expand the nation’s most successful insurance program, Social Security, which touches the lives of every American. With 10,000 baby boomers becoming eligible for Social Security every day, the time to act is now. The Social Security 2100 Act will provide economic security not just for today’s seniors but for future generations too,” added Larson. “Social Security has not had any significant adjustments made since 1983, when Tip O’Neill was Speaker and Ronald Reagan was President. It’s time for Congress and the President to come together again, just like Speaker O’Neill and President Reagan did to make this a reality. President Trump was the only Republican during the 2016 Presidential campaign who stood up and said he wasn’t going to cut Social Security. The time to expand Social Security is now. Let’s create an actual solution for millions of Americans and get something done.”

 

The Social Security 2100 Act, H.R. 860, provides the following:

 

  • An across-the-board benefit increase for current and new beneficiaries
  • An improved cost-of-living adjustment (COLA) that takes into account the true costs incurred by seniors
  • A stronger minimum benefit, so someone who works their whole life does not retire into poverty
  • A tax cut for over 12 million Social Security recipients by eliminating the tax on their benefits

 

More than 222,000 Rhode Islanders receive Social Security benefits today. Social Security is the most important source of retirement income for 4 out of 5 seniors. It also provides protections to disabled workers and families who have lost a breadwinner. With common sense steps like those in the Social Security 2100 Act, Congress can improve benefits while ensuring Social Security remains finally strong throughout the century.

JOIN THE TEAM

DNC Twitter