Social Security
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August 25, 2020
Today, House Ways and Means Social Security Subcommittee Chairman John B. Larson (CT-01) released the following statement after Social Security Administration Chief Actuary Stephen Goss released an analysis, requested by Senate Democrats, based on the impact of eliminating the payroll tax completely.
Issues:Social Security
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August 24, 2020
Today, House Ways and Means Social Security Subcommittee Chairman John B. Larson (D-CT) and Worker and Family Support Subcommittee Chairman Danny K. Davis (D-IL) released the following statement on the Social Security Administration’s (SSA’s) reposturing plan to continue service to Americans during the COVID-19 pandemic.
Issues:Social Security
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August 21, 2020
In a letter to President Donald Trump, Congressman John Larson (D-CT) and Congressman Joe Kennedy III (D-MA) today demanded that the Administration reverse their recent actions attempting to dismantle Social Security.
Issues:Social Security
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August 20, 2020
House Ways and Means Social Security Subcommittee Chairman John B. Larson (CT-01) applauded the U.S. Chamber of Commerce, National Retail Federation, the National Association of Manufacturers, and two dozen additional business organizations who wrote a letter opposing President Trump’s recent order to defer payroll taxes.
Issues:Social Security
August 17, 2020
Today, House Ways and Means Committee Chairman Richard E. Neal (D-MA), Worker and Family Support Subcommittee Chairman Danny K. Davis (D-IL), and Social Security Subcommittee Chairman John B. Larson (D-CT) called on the Social Security Administration (SSA) to continue relief for seniors and people with disabilities who have received extra benefits due to the COVID-19 pandemic, while Congress works towards a fair resolution of the situation.
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August 13, 2020
Today, House Ways and Means Social Security Subcommittee Chairman John B. Larson (D-CT) and Senate Budget Committee Ranking Member Bernie Sanders (I-Vt.) responded to new findings from a Government Accountability Office (GAO) study they commissioned which found that thousands of American die or go bankrupt waiting to receive their disability benefits each year.
Issues:Social Security
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August 10, 2020
House Ways and Means Social Security Subcommittee Chairman John B. Larson (CT-01) released the following statement after President Trump said he wanted to permanently cut payroll taxes.
Issues:Social Security
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August 7, 2020
Today, House Ways and Means Social Security Subcommittee Chairman John B. Larson (CT-01) assailed President Trump’s announcement that he will be implementing a pay roll tax holiday via Executive Order that is retroactive to July 1st through the end of the year.
Issues:Social Security
August 4, 2020
The COVID-19 pandemic has led to an unprecedented health and economic crisis. More than 150,000 Americans have been killed by this disease. At its peak, 42 million Americans were unemployed.
Now we’re facing a new crisis. Five million Americans could see a drastic cut in their Social Security benefits as a direct result of the COVID-19-induced economic downturn. Due to a quirk in the benefit formula, those born in 1960 are at risk of a permanent reduction in their benefits that could be as much as $2,000 per year.