Social Security 2100 Act
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Table of Contents
Senator Bernie Sanders introduced this bill in the Senate. It proposes several changes to how Social Security is funded and distributed.
Why it matters: This bill aims to increase the total amount of money coming into the Social Security trust funds by taxing higher earners more heavily, while simultaneously increasing payouts to beneficiaries.
Who it affects
- High-income earners who currently pay no Social Security tax on earnings above the annual cap
This information comes from Congress.gov; please read the full text of the bill before relying on it for financial or legal decisions.
Agency: Senate
Source: Congress.gov — read the official document