Democratic Primaries
Related: About this forumWarren unveils Social Security plan that raises benefits by $200 per month
Sen. Elizabeth Warren (D-Mass.) released a plan to bolster Social Security on Thursday that would raise benefits by $200 a month for current and future beneficiaries of the program.
Warren would fund the hike in benefits by raising contribution requirements on the nation's wealthiest households by imposing a new Social Security 14.8 percent contribution requirement on wages above $250,000.
Warren would also create a new 14.8 percent contribution requirement on net investment income on individuals with investment income above $250,000, and families with investment income above $400,000.
The proposal from Warren comes the same day she'll appear onstage in Houston for the next Democratic debate. It's the first time she'll appear onstage with former Vice President Joe Biden, the front-runner in the race, as well as Sen. Bernie Sanders (I-Vt.).
The three candidates top most national polls and surveys in Iowa and New Hampshire, which will hold the first contests in the Democratic race early next year.
https://thehill.com/homenews/campaign/461046-warren-unveils-proposal-to-increase-social-security-benefits-by-200-monthly
primary today, I would vote for: Joe Biden
NurseJackie
(42,862 posts)Some seniors just barely squeak in under the line of qualifying for Medicaid benefits. How many nursing home residents will be kicked out because they cannot afford to pay and because they now have "too much" income to continue to receive Medicaid?
primary today, I would vote for: Joe Biden
left-of-center2012
(34,195 posts)My rent went up the same amount.
One hand gives and another takes it away.
primary today, I would vote for: Joe Biden
greymattermom
(5,751 posts)so my SS payment goes down every year.
primary today, I would vote for: Joe Biden
turbinetree
(24,632 posts)November 3, 2020 cannot get here fast enough...........
primary today, I would vote for: Undecided
Hoyt
(54,770 posts)because we have so many other things that we need to pay for: healthcare for everyone, jobs, education, college loan help, deficit and debt reduction, environment, child care, infrastructure, etc.
Warren needs to prioritize her promises and come up with plans/proposals that will actually pass. She's spent that 2% Wealth Tax, several times over before this new proposal.
primary today, I would vote for: Joe Biden
Her plans have about zero chance of passing anyway.
primary today, I would vote for: Joe Biden