Larson: President Biden Highlighted the Need to Protect and Strengthen Social Security for Hard-Working Americans Tonight

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.
“Tonight, President Biden emphasized the importance of protecting and strengthening Social Security for the 70 million Americans who rely on it during tonight’s State of the Union,” said Larson. “President Biden himself has called Social Security a sacred trust, and I remain united in continuing to work with him and House Democrats to protect and strengthen hard-working Americans’ earned benefits by scrapping the cap on people earning more than $400,000 a year. It's time for the wealthy to pay their fair share. At a time when 10,000 baby boomers a day become eligible for benefits, we need to act to enhance them for the first time in more than 50 years.”
Rep. Larson’s Social Security 2100 Act, cosponsored by nearly 200 House Democrats, would extend the program’s solvency and increase benefits across-the-board by heeding President Biden’s call to scrap the cap on Americans making more than $400,000 a year – so they pay into Social Security with each and every paycheck.
Alongside a coalition of more than 100 organizations, Rep. Larson led House Democrats to reject Republican demands for a fast-track commission to slash earned benefits in the Fiscal Year 2024 funding package passed by the House yesterday.
Today, in the hours leading up to the State of the Union, Republicans on the Budget Committee voted to advance a partisan budget resolution that reemphasized their demand for an undemocratic and unaccountable fiscal commission.