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Dear John,
Proponents of making a huge investment in infrastructure claim it would give a big boost to Social Security. But how would it do that?
President Biden’s “American Jobs Plan” would create millions of new, higher-paying jobs for American workers. Millions of additional workers paying into Social Security, who’ve long been stunted by a lack of solid, middle-class jobs, would help strengthen the program’s future solvency. Many of these workers could even be eligible for higher Social Security benefits when they retire.
That’s why the National Committee is putting maximum pressure on Republicans and Democrats alike to work together to pass a significant infrastructure bill that not only invests in fixing our nation’s roads, bridges and transit, but also makes a critical investment in programs that would directly benefit older adults like you.
Right now, Congress must act one way or another to help extend Social Security’s solvency, currently projected to be depleted in 2035. And the Congressional Research Service reports that job growth of the kind generated by an infrastructure program could “significantly impact the financial status of Social Security."
President Biden’s infrastructure plan would also help remedy retirement inequities, by presenting new income opportunities for women, communities of color and non-college educated workers who have historically received less money from Social Security.
With so much at stake, please give what you can today to help us dial up the pressure on Congress to take advantage of this historic opportunity to go big on infrastructure and in turn make a long-overdue investment in the programs relied on by older Americans. As our past victories have shown when National Committee members and supporters rally together for a cause they care about Congress will listen!
Sincerely,
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