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Nancy Pelosi BURIES Social Security Expansion

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Nancy Pelosi is refusing to advance a bill that would expand Social Security. Ana Kasparian discusses on The Young Turks. Watch LIVE weekdays 6-8 pm ET. http://youtube.com/theyoungturks/live

Read more HERE: https://prospect.org/power/house-leadership-delays-social-security-expansion-while-crafting-tax-breaks-for-rich-retirees/

"As Democrats barreled toward a surprisingly productive legislative session in July, House leadership quietly killed a vote on whether to expand Social Security.

Social Security 2100, the first expansion to the New Deal program in 50 years, would increase all checks by about 2 percent of the average benefit, offset through a payroll tax on wages above $400,000. The bill, long championed by Rep. John Larson (D-CT) and introduced with nearly 200 co-sponsors, was set for a markup by the Ways and Means Committee in late July, before House Speaker Nancy Pelosi’s office axed it.

In an interview, Larson said that the bill faced opposition from Wendell Primus, Pelosi’s lead staffer on a variety of domestic policy issues. Pelosi was focused on passing the Inflation Reduction Act, he added, and cited concerns over the bill from Democrat frontliners, the representatives most vulnerable to a challenge in November elections. “Nancy Pelosi said, ‘Just keep working the bill,’” Larson said. “And that’s what we’ve continued to do.”

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220825__TA02_Pelosi_Blocks_Social_Security
Category
Europe
Tags
220825__TA02_Pelosi_Blocks_Social_Security, News, Politics
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