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John,
Social Security is one of the most successful government programs in our nation’s history, helping to decrease the number of seniors that live in poverty from nearly 50 percent when it was first passed to under 10 percent today.
Yet, because the wealthy do not pay their fair share, if nothing is done to increase funding by 2035, Social Security will reach a point where full benefits cannot be paid, leaving millions of seniors and people with disabilities in need.
That’s why Senators Bernie Sanders and Elizabeth Warren have introduced the Social Security Expansion Act, which both expands benefits paid today by $200 a month and extends the solvency of Social Security through 2096.
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Right now, the annual Cost of Living Adjustments does not reflect the true out-of-pocket costs experienced by seniors―including increases in housing, food, and prescription drug costs.
By having the Cost of Living Adjustments reflect all of the true costs of living, we can ensure that every person that relies on Social Security receives all of the benefits they need.
It’s clear, that the Social Security Expansion Act will help those most in need and allow everyone to retire with dignity.
Together we can make the wealthy pay their fair share and increase payments to millions of Social Security recipients. Show your support for expanding Social Security now!
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Thank you for fighting to protect and expand Social Security.
- Kait
Kait Sweeney
Communications Director
Democracy for America
