In Support of Social Security

Floor Speech

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Mr. MAGAZINER. Mr. Speaker, I rise in support of the Social Security 2100 bill, and I thank Representative Larson for introducing it.

Social Security is a promise. It is a promise that if you work hard and do the right thing and pay into the system during your career, you will be able to retire with dignity in this country.

Unfortunately, too many of my colleagues are obsessed with trying to cut and undermine this vital program. They say there is not enough money in the trust fund, while many of them voted for $10 trillion of tax cuts that went primarily to the wealthy and to the biggest corporations just a few years ago. They could find $10 trillion for tax cuts for the people at the top, but then they claim they can't find any money to shore up the Social Security system.

Here is the truth: We can increase cost-of-living adjustments, increase benefits of Social Security, and extend the life of the trust fund indefinitely by just asking the people at the very top to pay their fair share. That is what this bill does. It asks the Elon Musks and Jeff Bezoses of the world to pay a fair share into the trust fund so that working people can retire in dignity.

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