Larson Statement on Social Security Trustees Report

Statement

Today, House Ways and Means Social Security Subcommittee Chairman John B. Larson (CT-01) released the following statement on the 2022 Social Security Trustees Report. Chairman Larson's legislation, Social Security 2100: A Sacred Trust (H.R. 5723), would enhance benefits and improve solvency.

"This year's Trustee's Report confirms Social Security's financing is strong in the near term yet underscores why it is so important that Congress acts to strengthen Social Security for the longer term," said Larson. "The COVID pandemic has highlighted the needs of our nation's most vulnerable, and we must ensure the program that serves America's workers, seniors, children, and people with disabilities can continue to provide these earned benefits for future generations. That is why I introduced Social Security 2100: A Sacred Trust to expand these vital benefits immediately while substantially strengthening the program for the long term.

"It has been more than 50 years since Congress has done anything to improve benefits, and as Republicans work towards phasing out Social Security, it has never been more urgent than now to act to strengthen it," Larson continued.

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