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Lawmakers and union leaders are calling on Congress for fiscal changes during the year. Along with conversations about the budget and fair pay, some lawmakers want more attention to Social Security.
The 2023 Social Security Trustee report showed trust-fund reserves could be depleted in 2034, meaning only 80% of benefits would get paid. It will fall to Congress and the White House to resolve it, but some are uncertain how it can occur given split opinions on Social Security.
Mary Cannon-James, president of AFSCME Iowa Retiree Chapter 61, spoke Thursday at a Capitol Hill event hosted by Rep. John Larson (D-Conn.), warning of the risks to older Americans like her if the Fiscal Commission Act (H.R. 5779) becomes law.
The bill is a solution in search of a problem. It would convene a group of experts – individuals who surely don’t or won’t depend on monthly Social Security checks to pay the bills – to address a so-called fiscal crisis that doesn’t actually exist.
A coalition of U.S. labor leaders spoke out forcefully on Thursday against the Republican-led push for a "fiscal commission," denouncing the proposal as an attack on Social Security, Medicare, and other programs that tens of millions of current and retired workers depend on to meet basic needs.
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.
Washington, D.C. - Today, Rep. John B. Larson (CT-01) was joined by labor leaders at the U.S. Capitol to oppose the Fiscal Commission Act, Republican legislation recently advanced out of the House Budget Committee that would create a commission with the power to fast-track cuts to Medicare, Social Security, and the federal workforce behind closed doors.
Washington, D.C. - Today, Rep. John B. Larson (CT-01) opposed H.R. 7217, Republican legislation that fails to provide humanitarian aid for civilians in Gaza or support for Ukraine and Taiwan.
Washington, D.C. - Today, in the House Ways and Means Committee, Rep. John B. Larson (CT-01) praised UConn School of Pharmacy’s cutting-edge research in advancing prescription drug production and called on Congress to fund their work.
Washington, D.C. - Today, Rep. John B. Larson (CT-01) released the following statement after bipartisan Senate negotiators, led by Sen. Chris Murphy (D-CT), released a national security supplemental bill: