Social Security
Washington, D.C. - Today, Ways and Means Social Security Subcommittee Ranking Member John B. Larson (CT-01) released the following statement after President Biden released his Fiscal Year 2025 budget plan, laying out a vision to protect and strengthen Social Security.
Washington, D.C. - Last night, Rep. John B. Larson (CT-01) responded to President Biden’s State of the Union with an address on the State of Social Security.
You can view Rep. Larson's address here.
In his State of the Union Address, the President promised to stop Republican attempts to cut to Social Security and called on Congress to strengthen the program by making the wealthy pay their fair share.
Washington, DC – Today, Rep. John B. Larson (CT-01) released the following statement after President Biden highlighted the need to protect and strengthen Social Security during tonight’s State of the Union.
Last February, thousands of seniors sent letters with the AARP to President Joe Biden ahead of his annual State of the Union address. Their message: “Urge Congress to keep their hands off our Social Security and Medicare.”
Those efforts worked.
Washington, D.C. - Today, Rep. John B. Larson (CT-01) released the following statement after House passage of the Consolidated Appropriations Act of 2024, which excluded House Republicans’ demand for a commission with the power to fast-track cuts to Medicare and Social Security.
March 2 marked the day that millionaire earners were finished paying into Social Security for the rest of the year. Working- and middle-class Americans, however, continue to pay all year long. If you think that’s absurd, it is.
The problem lies in the income cap that shields millionaires and billionaires from having to pay their fair share. Right now the wealthy are only paying their first $168,600 of wage income. They end up being taxed only on a small portion of their earnings while most Americans end up being taxed on 100% of their earnings.
At last year’s State of the Union, President Joe Biden memorably called out Republicans for their support for Social Security cuts.
A proposed fiscal commission to fast-track deficit reduction measures, already under attack from the right, also faces a stepped-up assault from the left.
Rep. John B. Larson, D-Conn., led labor union leaders at a news conference Thursday to protest legislation that would create a bipartisan, bicameral commission that would devise a plan to curb red ink and require Congress to take an up-or-down vote on it with no amendments.