[Congressional Record Volume 170, Number 5 (Wednesday, January 10, 2024)]
[House]
[Page H50]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
IN SUPPORT OF SOCIAL SECURITY
(Mr. MAGAZINER asked and was given permission to address the House
for 1 minute.)
Mr. MAGAZINER. Mr. Speaker, I rise in support of the Social Security
2100 bill, and I thank Representative Larson for introducing it.
Social Security is a promise. It is a promise that if you work hard
and do the right thing and pay into the system during your career, you
will be able to retire with dignity in this country.
Unfortunately, too many of my colleagues are obsessed with trying to
cut and undermine this vital program. They say there is not enough
money in the trust fund, while many of them voted for $10 trillion of
tax cuts that went primarily to the wealthy and to the biggest
corporations just a few years ago. They could find $10 trillion for tax
cuts for the people at the top, but then they claim they can't find any
money to shore up the Social Security system.
Here is the truth: We can increase cost-of-living adjustments,
increase benefits of Social Security, and extend the life of the trust
fund indefinitely by just asking the people at the very top to pay
their fair share. That is what this bill does. It asks the Elon Musks
and Jeff Bezoses of the world to pay a fair share into the trust fund
so that working people can retire in dignity.
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