[Congressional Record Volume 170, Number 98 (Tuesday, June 11, 2024)]
[House]
[Page H3685]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
TIME TO ENHANCE SOCIAL SECURITY
The SPEAKER pro tempore. The Chair recognizes the gentleman from
Connecticut (Mr. Larson) for 5 minutes.
Mr. LARSON of Connecticut. Mr. Speaker, I rise this early afternoon
to talk about the Nation's number one antipoverty program for the
elderly, the number one antipoverty program for children, and the
program that provides more disability benefits to our veterans than the
VA. I am talking about Social Security, Mr. Speaker.
This might be news to some of the viewers in our audience and at
home, but Congress has not acted to enhance Social Security in more
than 53 years. Richard Nixon was the President of the United States the
last time Congress acted on this much-needed benefit, the number one
antipoverty program for the elderly and the number one antipoverty
program for children
Instead, what we find is our colleagues on the other side, the
Republican Study Committee, have said that what we need to do is cut
Social Security by $1.5 trillion over the next 10 years. In the
process, Mr. Speaker, what they have done also is said that, yes,
initially what we need to do is to raise the age of people.
What they don't tell the recipients is for every year you raise the
age, that is a 7 percent cut in benefits. What they have proposed is a
21 percent across-the-board cut for Social Security. My good friend
Jodey Arrington is the chairman of the Budget Committee. The Budget
Committee meets this week, and I hope they get to explore the myths
regarding Social Security.
It has nothing to do with the debt or the deficit of this country.
The chief actuary will lay that out.
Mr. Speaker, you might be surprised to know that in your district,
there are over 179,000 recipients. In your district, that brings in
$306 million monthly. Where do they spend that money, Mr. Speaker?
Right back in your district. They go to the pharmacy. They go to the
grocery store. They put gas in their tank. They pay their rent. They
pay their mortgage. They haven't had an increase since 1971.
It is long overdue for Congress to act. The President has put forward
a proposal. Democrats have a proposal. All we need to do is vote.
If you have a better idea, by all means, put it out there. If you
don't, at least allow a vote to take place so you can minimally help
out the people in your district. On average, every Member of Congress
gets more than $200 million monthly that comes into their district.
There is no better economic development plan for people in your
district because of where they are going to spend that money.
Nobody gets wealthy on Social Security. The average for a male is
$18,000, and for a female, it is $14,000. For more than 5 million of
our fellow Americans, they get below-poverty-level checks from the
wealthiest Nation in the world. My colleagues on the other side of the
aisle are out proposing cuts for the very wealthy, the top 1 percent,
and won't even take care of the 5 million people who have paid into a
system and get below-poverty-level checks.
While we are speaking of tax cuts, as I noted to Mr. Arrington, how
about the 23 million Americans who will receive a tax cut under the
Democratic plan? How about we look at working Americans and give them a
tax cut in their retirement instead of double taxing them on Social
Security?
Twenty-three million Americans will benefit directly from this
program that we have put forward. President Biden has said that we will
pay for this as well by lifting the cap on people making over $400,000.
Now, to understand this, as Linda Sanchez said in the committee the
other day, look at those expensive professional football or baseball
players. For a baseball player, he is done paying Social Security after
his first at-bat while the rest of America continues to pay into the
system.
There are several millionaires and billionaires who circumvent the
law completely and pay nothing into Social Security. Meanwhile, those
men and women who defend this Nation--the firefighters, the police
officers, and schoolteachers--many were double-victimized by WEP and
GPO. We repealed WEP and GPO.
How about a vote, Mr. Speaker?
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