ICYMI: Budget Committee hearing makes clear: The only way to prevent Social Security cuts is to raise revenue
Washington, D.C.—This week, the Senate Budget Committee held a hearing on protecting Social Security for all by making the wealthy pay a fairer share. Witnesses all made clear that the only way to prevent cuts is to raise revenue. WATCH: All 5 witnesses agreed: The only way to protect Social Security for all is to raise revenue. Republicans […]
ICYMI: Budget Committee’s Hearing “Protecting Social Security for All: Making the Wealthy Pay Their Fair Share”
07.12.23 Chairman Whitehouse Opening Statement
Grassley on Senate Floor: Americans Aren’t Buying “Bidenomics”
Floor Remarks by Senator Chuck Grassley (R-Iowa) Ranking Member, Senate Committee on the Budget Americans Aren’t Buying ‘Bidenomics’ July 12, 2013 VIDEO We just heard my friend from Nebraska say that Biden wants “Bidenomics” to be all about restoring the American Dream. Well, for most Americans, it’s turning out to be a nightmare. Inflation […]
07.12.23 Senator Grassley Opening Statement
Sen. Whitehouse: We can protect Social Security for all without cutting benefits
Washington, D.C.—U.S. Senator Sheldon Whitehouse (D-RI), Chairman of the U.S. Senate Budget Committee, delivered the following opening statement at today’s hearing,titled “Protecting Social Security for All: Making the Wealthy Pay Their Fair Share.” Chairman Whitehouse’s remarks, as prepared for delivery: Since the start of this Congress, my distinguished ranking member and many of the Republican members of this Committee […]
Grassley At Hearing On Social Security: ‘We’re Finally Talking About Money & Things The Budget Committee Ought To Be Working On’
Opening Remarks by Senator Chuck Grassley of Iowa Ranking Member, Senate Committee on the Budget Protecting Social Security for All: Making the Wealthy Pay Their Fair Share Wednesday, July 12, 2023 VIDEO Praise the Lord we’re finally talking about money and things the Budget Committee ought to be working on. Thank you, Mr. Chairman, for […]
Whitehouse, Boyle Legislation to Protect Social Security for All, Make Wealthiest Pay Fairer Share Will Extend Solvency Indefinitely
Washington, D.C.—New analysis released today by the Social Security Administration’s Office of the Chief Actuary finds the Medicare and Social Security Fair Share Act, originally introduced by Senator Sheldon Whitehouse (D-RI), and with companion legislation introduced today by Congressman Brendan F. Boyle (D-PA-02), would extend Social Security solvency indefinitely by making the nation’s highest earners contribute their fair share. The Chief […]
CBO: Projected Record Debt Per Capita Threatens Economic Growth
WASHINGTON — The Congressional Budget Office (CBO) today released its 2023 Long-Term Budget Outlook. Sen. Chuck Grassley (R-Iowa), ranking member of the Senate Budget Committee, issued the following statement about the report. “This report paints a dire picture of the far-reaching implications of our fiscal status quo. If we don’t get serious about reining in […]