Scott Cosponsors Social Security 2100 Act
WASHINGTON, D.C. – On Wednesday, April 5, 2017, Congressman Bobby Scott (VA-03) joined Congressman John B. Larson (CT-01), the Ranking Member of the Ways & Means Subcommittee on Social Security, in introducing the Social Security 2100 Act. The legislation would increase the payroll tax on those with higher incomes, cut taxes for Social Security recipients, provide a benefit increase for current and future beneficiaries, while strengthening Social Security’s solvency for future generations.
“I am proud to be a cosponsor of the Social Security 2100 Act,” said Rep. Scott. “Social Security and Medicare make up the foundation of American retirement security. Americans have paid into the system for decades and, during that time, these programs have promised Americans the chance to retire with dignity after a lifetime of hard work. This legislation helps us keep our promise to safeguard Social Security for our seniors and people with disabilities. But more importantly, this legislation keeps the Social Security Trust Fund solvent for decades and ensures that our seniors will not live in poverty.”
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