Social Security
Rep. Larson wrote the following Letter to the Editor that appeared in the Boston Globe.
The Jan. 14 editorial, “Mitt Romney puts a spotlight on Social Security’s looming shortfall,” highlights the importance of both protecting Social Security from cuts and enhancing the nation’s number one anti-poverty program for the elderly and children.
While the wealthy were sleeping off New Year’s Eve, more than 293 Americans paid all their Social Security tax for the year. Unlike the richest earners, 95% of Americans will pay for the entire year.
Washington, D.C. - Today, House Social Security Subcommittee Ranking Member John B. Larson (CT-01) blasted Republicans on the Ways and Means Committee for their inaction on the ongoing data privacy issues at Social Security.
Social Security Commissioner Frank Bisignano came under renewed criticism this week for his work in the private sector, as the stock price of his former company Fiserv tanked upon the rescission of long-term growth projections that executives say were too optimistic.