John, the best defense is a good offense.
While Donald Trump tries to claim that the only way forward for our Social Security system is to take a wrecking ball to it, impoverishing seniors so that he can hand tax cuts to his cabinet of billionaires, we are presenting a positive vision.
We should expand Social Security, not cut it! That's exactly the vision outlined in Sen. Bernie Sanders and Elizabeth Warren's Social Security Expansion Act! Become a grassroots co-sponsor today!
Thank you,
Michael Phelan Social Security Works
P.S. I'm including more information on the bill below. Check it out, then sign!
John,
While Elon Musk and his lackeys are taking a wrecking ball to our Social Security system, Senators Bernie Sanders and Elizabeth Warren re-introduced their Social Security Expansion Act, a piece of legislation that would make sure Social Security keeps working for decades to come.
This is particularly important today, the day when anyone making $1 million per year stops paying into Social Security for the year. For Elon Musk, that moment happened just 15 minutes into the New Year.1
Elon Musk and Donald Trump would never approve of the Social Security Expansion Act. Why? As Sen. Sanders’ advisor Warren Gunnels points out:
Stand up for a POSITIVE vision for Social Security! Become a grassroots co-sponsor of the Social Security Expansion Act of 2025 today!
Instead of cutting $500 billion from Social Security and Medicare, we should expand them and make Elon Musk pay his fair share!
The Social Security Expansion Act would:
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Extend the solvency of Social Security for 75 years by requiring the wealthiest American households to pay their fair share of taxes. Today, because of the earnings cap on Social Security taxes, a CEO making $20 million a year pays the same amount of money into Social Security as someone who makes $176,100 a year. This legislation would lift this cap and subject all income above $250,000 to the Social Security payroll tax. Under this bill, over 93 percent of households would not see their taxes go up by one penny.
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Expand Social Security benefits across-the-board for current and new beneficiaries. Under this bill, Social Security benefits for current and existing recipients would be increased by $2,400 a year.
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Increase Cost-Of-Living Adjustments (COLAs). This bill would more accurately measure the spending patterns for seniors by adopting the Consumer Price Index for the Elderly (CPI-E). Older Americans, by and large, are not going out on spending sprees buying big screen TVs, laptops, or the latest high-tech gadgets. Rather, they spend a disproportionate amount of their income on health care and prescription drugs, which would be reflected in the formula for calculating COLAs under this legislation.
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Require millionaires and billionaires to pay their fair share into Social Security. Currently, workers have 12.4 percent taken out of each paycheck and contributed to the Social Security trust fund, half paid by the employer and half by the worker. This bill would require the wealthy to pay the same 12.4 percent on their investment and business income, by increasing the net investment income tax by 12.4 percent and applying it to certain business income not already covered by payroll taxes.
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Improve the Special Minimum Benefit for Social Security recipients. This bill would help low-income workers stay out of poverty by increasing the Special Minimum Benefit and indexing the benefit level so that it is equal to 125 percent of the poverty line, or over $18,000 for a single worker who had worked their full career.
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Restore student benefits up to age 22 for children of disabled or deceased workers, if the child is a full-time student in a college or vocational school. This legislation would restore student benefits that were eliminated in 1983 to help educate children of deceased or disabled parents.
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Combine the Disability Insurance Trust Fund with the Old Age and Survivors Trust Fund to help senior citizens and people with disabilities.
ADD YOUR NAME: Become a Grassroots Endorser of the Social Security Expansion Act of 2025!
Thank you,
Alex Lawson Social Security Works
1 15 Minutes Into 2025, Elon Musk Was Done With Social Security Tax. Meanwhile, 94% Of Americans Take The Entire Year
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