Bernie Sanders is pushing President Joe Biden to adopt a Social Security tax that would fund the program, but break the president s pledge not to raise taxes on people making less than $400K.
A Social Security update has been implemented on its different benefits for the year 2023, including an 8.7% cost-of-living adjustment boost, which has been considered to be the biggest one in decades.
Bill from Senators Sanders and Warren aims to make Social Security solvent for 75 years and to increase benefits, especially for lower-income workers and retirees.
The bill, proposed this week, aims to make Social Security solvent for 75 years and to increase benefits, especially for lower-income workers and retirees.