What would it look like to expand Social Security? For the 65 million Americans who receive Social Security benefits in some form, it would mean increased benefits. However, a bill introduced to make this happen hasn’t made much progress in Congress.
According to The Intercept, the bill titled “Social Security 2100: A Sacred Trust” has not yet been put to a vote in the House Ways and Means Committee. This means that there could still be some time before this bill goes to a vote in Congress. If it passes, it’s likely to be welcomed by Social Security recipients. Every individual who receives benefits would be eligible for an extra $30 a month.
For many seniors, these expanded benefits would help to cover the recent increases to Medicaid Part B. Other benefits of this proposed Social Security expansion include a higher yearly Cost-of-Living Adjustment (COLA) and more benefits for surviving spouses.
At The Seniors Center, we want retirees to receive everything they have worked for. We’re working to improve Social Security by calling on Congress to pass the Social Security Lock-Box Act, a bill that would keep the program’s funds out of the hands of greedy politicians. If you’re ready for a better future for this program, then sign our petition today. And follow The Seniors Center on Twitter and Facebook for more updates!