Sanders introduces bill to strengthen Social Security [View All]

[cali]

WASHINGTON, Sept. 14 – Sen. Bernie Sanders (I-Vt.) today introduced legislation to strengthen Social Security by applying the payroll tax that most Americans already pay to those with annual incomes above $250,000.

The measure is cosponsored by Sens. Daniel Akaka (D-Hawaii), Patrick Leahy (D-Vt.), Barbara Boxer (D-Calif.), Claire McCaskill (D-Mo.), Sheldon Whitehouse (D-R.I.), Al Franken (D-Minn.) and Richard Blumenthal (D-Conn.).

Rep. Peter DeFazio introduced the companion bill in the House. He joined Sanders and other senators at a Capitol Hill press conference where they also voiced concern that Social Security benefits are in jeopardy as a powerful new congressional super committee looks for ways to cut deficits by up to $1.5 trillion over the next decade.

“We are here today to send a loud and clear message to this super committee: do not cut Social Security,” Sanders said.

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http://vtdigger.org/2011/09/14/sanders-introduces-bill-to-strengthen-social-security/