PVA Testifies in Support of Social Security 2100 Act
By PVA Staff
On July 25, PVA Deputy Executive Director Shaun Castle testified before the House Ways and Means Committee in support of the Social Security 2100 Act (H.R. 860). Earlier in the year, Castle appeared before the Ways and Means Subcommittee on Social Security to speak in favor of this legislation introduced by Rep. John Larson (D-CT) and cosponsored by over 210 members of the House. H.R. 860 contains a number of provisions aimed at strengthening the Social Security system, improving benefits, and ensuring its solvency well into this century without harming beneficiaries.
Castle’s testimony centered largely on his own experiences with Social Security disability benefits as a member of the millennial generation and the importance of Social Security’s survivor, retirement, and disability programs to members of his age cohort. He also highlighted provisions in the bill that would establish a more realistic cost-of-living-adjustment for beneficiaries, strengthen protections for low-income workers and for all beneficiaries, cut taxes on benefits for nearly twelve million beneficiaries, and make long overdue adjustments in the financing mechanisms for the system. He also noted that Social Security actuaries have determined that this bill will ensure the long-term solvency of the Social Security trust funds without cutting benefits or raising the retirement age, as have been proposed by some Social Security reform proponents. PVA’s full hearing statement can be found on the Ways and Means Committee website along with other witness statements and information about the hearing at Ways and Means Subcommittee.