The Bill That Saves Social Security

The Threat of Social Security Cuts00:00:00

A report from the Social Security trustees warns of a looming 22% cut to benefits for 70 million Americans, driven by decades of political inaction. It is argued that constituents must proactively contact their representatives to support legislative solutions.

Overview of the Social Security 2100 Act00:02:44

The Social Security 2100 Act aims to secure the trust fund by eliminating the tax cap on high earners and taxing investment income over $400,000. It is a permanent solution meant to avoid benefit cuts.

Key Benefits and Reforms00:07:00

The bill proposes a 2% benefit increase, updates the COLA calculation for the elderly, establishes a minimum benefit of 125% of the poverty level, and improves support for surviving spouses, disability applicants, and overpayment protections.

Actionable Advice and Q&A00:13:23

Urges citizens to call congress and specifically ask if they support the bill. Includes advice for disability claimants on maintaining their eligibility while working under the Substantial Gainful Activity (SGA) limit.