Experts predict that unless anything changes, Social Security will be unable to provide full benefits by 2035.
Sen. Bernie Sanders (I-Vt.) stated, “What I want, and what I believe most people want, is more than 13 years.”
Sanders feels that more money should be the change.
“I believe it is not our business to cut Social Security. “It’s not to raise the retirement age, as many of my Republican colleagues want us to do,” Sanders stated.
Sanders unveiled legislation that would raise taxes on the wealthy to fully finance Social Security for the next 75 years.
“A multibillionaire pays the same amount into Social Security as someone earning $147,000 a year,” Sanders remarked.
Senator Lindsey Graham (R-SC), a Republican, believes Sander’s plan will never pass.
“We’ll need additional money.” “However, if you believe that taxing the wealthy will save Social Security, you’re mistaken,” Graham said.
According to Graham, hiking taxes will not get bipartisan support.
Sen. Mitt Romney (R-Utah) shared this sentiment, claiming that Sander’s bill will be a no-go for all Republicans in the House and Senate.
“The aim is to bring Republicans and Democrats together to see if we can find a solution.” “We won’t be able to save social security until we do that,” Romney stated.
Experts believe that acting sooner rather than later is the best course of action for the future of Social Security.
More than 13 years is what I want, and I believe most people want.
More money, according to Sanders, should be the change.
It is not our business to cut Social Security, in my opinion. It is not to raise the retirement age, as many of my Republican colleagues want us to do, according to Sanders.
Sanders introduced legislation to raise taxes on the wealthiest to fully fund Social Security for the next 75 years.
According to Sanders, a multibillionaire pays the same amount into Social Security as someone making $50,000 a year.
Sander’s plan, according to Republican Senator Lindsey Graham, will never pass.
We’ll require further funds. You are misguided if you imagine that taxing the wealthiest will save Social Security. Graham stated his opinion.
Tax hikes will not receive bipartisan support.
Sander’s bill, according to Rep. Jason Chaffetz, R-Utah, will be a no-go for all Republicans in the House and Senate.
The goal is to bring together Republicans and Democrats to see if we can come up with a solution.
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We won’t be able to save Social Security until we accomplish that, according to Romney.
Experts believe that the best course of action for the future of Social Security is to act sooner rather than later.
Sander’s plan, according to Republican Senator Lindsey Graham (R-SC), will never pass.
“We’ll require additional funds.” “However, you are mistaken if you imagine that taxing the wealthiest will save Social Security,” Graham stated.
Tax hikes, according to Graham, will not have bipartisan support.
Sen. Mitt Romney (R-Utah) echoed this opinion, suggesting that all Republicans in the House and Senate will oppose Sander’s bill.