Congress has changed the Social Security system over time, and over 20 times in the past Congress has raised taxes on Social Security in payroll taxes into the system. ↗
I believe it's time to put our best ideas on the table and work toward a bipartisan solution, with the single goal of leaving the Social Security system stronger than we found it. ↗
To allow all U.S. workers to put part of their earnings into private investment accounts would definitely erode the Social Security system and cause uncertainty for new investors. ↗
And let us not forget the Social Security system. Recent studies show that undocumented workers sustain the Social Security system with a subsidy as much as $7 billion a year. Let me repeat that: $7 billion a year. ↗
Our Hispanic community needs to understand how important the Social Security system is for not only its retired citizens, but also its disabled workers. ↗
On the other end of the spectrum, these women who do live long enough to collect Social Security face the challenge of being disproportionately dependent on the Social Security system for retirement income. ↗