Two parties, two plans for Social Security
A recent AARP poll revealed that 96 percent of participants view Social Security as a crucial program, with 82 percent deeming it “very important.” One would expect that politicians from both parties would advocate for it.
Yet, during their state conventions this spring, their approaches were markedly different.
Democrats will improve
and sustain Social Security
DFLers support “the passage of the Social Security Expansion Act (SSEA) to make Social Security solvent, fair, and equitable for the next 75+ years by applying the SS tax on incomes and earnings above $250,000, providing cost of living increases tied to actual inflation, and improving Social Security benefits.”
The Social Security Expansion Act
- Completely funds Social Security for 75+ years.
- Across-the-board benefit increases of $200/month.
- Everyone pay their fair share.
Republicans will end
and privatize Social Security
GOPers support “phasing out Social Security by allowing younger Americans to invest part of their FICA taxes in personal accounts while continuing to fulfill our obligations to older Americans.”
Effects of privatizing Social Security
- It depletes the trust fund quicker, deep cuts in benefits.
- No guaranteed benefits for future retirees.
- No benefits for disability or survivors.
The Democrats protecting Social Security
Elected Minnesotans cosponsoring the SSEA
Sen. Tina Smith
U.S. Senate
Rep. Ilhan Omar
Representative, CD5
Rep. Angie Craig
Representative, CD2
Rep. Betty McCollum
Representative, CD4
DFL-endorsed candidates supporting the SSEA
Peggy Flanagan
for U.S. Senate
Matt Little
for Congress, CD2
Doug Chapin
For Congress, CD6
Erik Osberg
for Congress, CD7
Trina Swanson
for Congress, CD8
