Larson Condemns Republican Attempt to Add the TRUST Act to Next COVID Relief Bill
Washington, D.C. - Today, House Ways and Means Social Security Subcommittee Chairman John B. Larson (CT-01) released the following statement after it was leaked that the Senate Republican COVID relief package will include the TRUST Act.
“Chairman Neal is entirely right, as are the many seniors groups that have recognized the TRUST Act for what it is. This is a direct assault on Social Security benefits. The TRUST Act Commission would make it easier to fast track cuts, while ignoring the urgent needs to strengthen Social Security, especially during this pandemic. This would just kick the can down the road and ignore regular order. It’s Congress’s responsibility to do this correctly and vote! As Chairman Neal points out, we have seen this before with the 2010 Bowles-Simpson report, which proposed major Social Security and Medicare cuts.
“Instead, what we need to do is enact the Social Security COVID Correction and Equity Act to increase benefits, rather than cut them. The bill addresses the intersection that John Lewis pointed out, between the economy, our health, and the inequity that exists for so many low-income people, particularly for women and people of color. More than 10,000 Baby Boomers become eligible for Social Security every day. Social Security has not been addressed in more than 37 years and no enhancements have been made in 50 years. It’s long overdue. The public is more than willing to do its share to make sure they have the nation’s number one insurance and anti-poverty program for the elderly, not only sustained, but enhanced to meet the changing needs of the times. This is especially urgent, given the COVID pandemic that has only underscored the inequities that exist.
“During a pandemic, people are relying on Social Security now more than ever. These are Americans’ earned benefits. Cutting them will only further hurt the economy. No one is hoarding their Social Security check, they’re spending it. That’s why I introduced H.R. 7499, the Social Security COVID Correction and Equity Act to expand benefits and prevent benefit cuts,” said Larson.