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Jason Lewis on Social Security

 

 


Protect Social Security for seniors today & future retirees

A promise made is a promise kept. We absolutely must protect Social Security for today's seniors and those nearing retirement, while ensuring the program is solvent for future generations. The Congressional Budget Office puts the 75-year imbalance in Social Security at $200 billion so if no bipartisan solution is reached, benefits for seniors will be reduced by 21% in 2034. Something we cannot afford to do, however, is raise taxes on social security recipients or payroll taxes on today's working families and citizens. Even doubling the maximum earnings subject to the FICA tax wouldn't substantially reduce the imbalance and would threaten economic growth and jobs vital to the program's solvency in the process. Likewise, means-testing benefits would also undermine support for a federal program designed to be available for all workers at retirement. We must put politics aside and enact bipartisan measures to ensure that benefits are protected for today's seniors and our future retirees.
Source: 2016 Minnesota House campaign website JasonLewis2016.com , Nov 8, 2016

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