Elizabeth: We need to expand Social Security.
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Let’s face it: It's too hard to save enough for a decent retirement — and it's only getting harder.
Wages are barely budging, and the cost of living keeps going up. Pensions are becoming more rare, so more people are counting on Social Security to fund a decent retirement. But Social Security benefits just aren’t high enough. Fourteen percent of seniors live in poverty. In the richest country on the planet, millions of seniors cut pills, delay necessary home and car repairs, and skip meals to save money. And right now, too many politicians in Washington are only debating whether to cut Social Security by a little or a lot. But not me. We need to expand Social Security. For years, I’ve helped lead the fight in Congress to make it happen. And I’ve got a new plan for the biggest and most progressive increase in Social Security benefits in nearly half a century. It will…
And we’ll pay for it by asking the richest 2% of families to pay their fair share into the program.
If you agree that we need to expand Social Security, join the fight to make it happen — add your name to support our new plan today. My plan starts with a $200 increase in everyone's monthly Social Security check. That’s $2,400 more a year for the nearly 64 million Social Security beneficiaries in America today — and for every future Social Security beneficiary. That’s money for a prescription, gas, food, or a trip to see the grandkids. We’ll also plug holes in the program to make sure we’re delivering fairer benefits in retirement — and not doubling down on the disparities that people faced in their careers. My plan modernizes Social Security so it better reflects the work of women and people of color, giving them the higher benefits they deserve. It gives people credit towards higher Social Security benefits for taking time out of the workforce to care for a child or an elderly relative or a relative with a disability — disproportionately affecting women, people of color, and recent immigrants — because caregiving is valuable work even if you don’t get paid for it. We’ll give targeted increases to widows and widowers, including those with disabilities, because right now, the death of a spouse can mean the loss of a big chunk of Social Security benefits. We’ll also repeal provisions that slash benefits of many of our retired teachers, police officers, firefighters, and other public-sector workers. This will mean bigger monthly checks right away for more than two million retirees and their families. For full-time students who have a parent who died or has a disability, my plan restores Social Security benefits and extends them until age 24 — giving more people more of a chance to finish school while their benefits give them a base of financial security. And it encourages workers to participate in registered apprenticeships and job training to prepare for in-demand jobs. How do we pay for all of this? The wealthiest 2% of earners will pay their fair share of wages, and the top 2% of families will pay a piece of their investment income. On the whole, this plan will make sure Social Security is fully funded for another 35 years. If we don’t take action now, the retirement savings crisis will just get worse and worse. It’s time Washington stopped trying to slash Social Security benefits for people who’ve earned them. It took a grassroots movement to create Social Security in the first place — and it’ll take a grassroots movement to expand it. I’m going to keep fighting, but I can’t do it alone. We need people like you to raise your voices in Arkansas and across the country. Add your name if you’re in this fight all the way. Thanks for being a part of this, Elizabeth
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