Congressman Brendan Boyle and House Democrats Unveil Legislation To Avoid Social Security Cliff
Washington, DC- Today, Congressman Brendan Boyle (PA-13) joined Chairman of the House Democratic Caucus Congressman Xavier Becerra (CA-34), Congressman Lloyd Doggett (TX-35), Congresswoman Jan Schakowsky (IL-09), Congresswoman Doris Matsui (CA-06), Social Security Disability beneficiary and advocate Susan Flashman, and Max Richtman of the National Committee to Preserve Social Security and Medicare to announce new legislation that will ensure that all Americans receive their earned Social Security despite Republican gamesmanship. The One Social Security Act would prevent proposed cuts next year, and guarantee that Social Security benefits remain available to hard working men and women who earned those benefits.
“We must protect 11 million Americans from this manufactured cliff: a 20 percent cut to their earned Social Security benefits, thanks to House Republican rules, if Congress doesn’t act soon,” said Congressman Boyle. “This cliff exists despite the fact that Social Security currently has $2.8 trillion in trust fund reserves, which those Americans helped to save up through their hard work and contributions to Social Security. The average American facing a cut in 2016 worked and paid into Social Security for 22 years. We cannot stand by and accept this threat to their economic security.”
The One Social Security Act ensures that Americans get the Social Security benefits they’ve earned through years of hard work, without adding a penny to the deficit or the debt. The legislation would pay all Social Security benefits using existing trust fund reserves that current Social Security beneficiaries helped build up through their own contributions, but eliminate arbitrary restrictions on reallocation of funds and eliminate the artificial cut “cliff” imposed by internal House Republican budgeting rules
“Congress must act without delay to ensure that all Americans receive the Social Security they have earned,” concluded Congressman Boyle. “The One Social Security Act would prevent these cuts in a responsible way. I am proud to join my colleagues in the fight to promote responsible solutions like this.”