That’s why several members of congress have put forward a new law that aims to keep the program funded for the next 75 years. “Our job is not to cut Social Security, as many o ...

On June 9, several prominent senators introduced a bill in the House that would expand Social Security benefits by $2,400 a year and fully fund it for the next 75 years past the year 2096, "all ...

To pay for the benefits, the Social Security Expansion Act does two things. First, it imposes the current 6.2% payroll tax on a wider range of income. Currently, payroll taxes are collected on up ...

Some members of Congress are pushing for a new law that would expand Social Security benefits by $2,400 annually.. The bill, the Social Security Expansion Act, would also ensure the program is ...

The Social Security Expansion Act would apply a separate 12.4% tax to net investment income for taxpayers with a MAGI above those thresholds, bringing the total tax rate to 16.2%.

Congressman Peter DeFazio and Senator Bernie Sanders introduced joint legislation, the Social Security Expansion Act (SSEA), to strengthen and expand Social Security. The bill was introduced June ...

The Social Security Expansion Act would: • Extend the solvency of the Social Security trust fund 75 years, through 2096, by requiring the wealthiest Americans to pay their fair share into the ...

Senator Kirsten Gillibrand wants to ensure Social Security is fully funded for the next 70 years and longer. She is proposing the Social Security Expansion Act.

The bill, the Social Security Expansion Act, would also ensure the program is funded for the next 75 years by applying a payroll tax on higher-income workers. Why It Matters.