As congressional Republicans threaten to cut Social Security and other key federal programs, progressive Sens. Bernie Sanders and Elizabeth Warren led a group of lawmakers Monday in unveiling legislation that would increase Social Security benefits by at least $200 per month and prolong the program's solvency for decades by finally requiring wealthy Americans to pay their fair share.
The Social Security Expansion Act, introduced by Sanders, I-Vt., and Warren, D-Mass., in the Senate and by Reps. Jan Schakowsky, D-Ill., and Val Hoyle, D-Ore., in the House, would put an additional $2,400 in beneficiaries' pockets each year and ensure the program is fully funded through 2096.
