Congresswoman Gwen Moore Responds to 2021 Social Security Trustees Annual Report

Congresswoman Gwen Moore Responds to 2021 Social Security Trustees Annual Report

Today, Congresswoman Moore, a House Ways and Means Social Security Subcommittee member, released the following statement on the 2021 Social Security Trustees Report:

“This year’s Social Security Trustees report only reaffirms my commitment to this iconic program which recently celebrated its 86th anniversary. It also makes it clear that now is the time to act on changes to help improve and strengthen Social Security long-term.

Social Security remains a steady source of financial support for seniors and for many, their sole source of income. And we need to keep it that way while acting to strengthen earned benefits, especially for the most vulnerable. My bill, the Social Security Enhancement and Protection Act, would create equitable reforms that would make the program work better for more women, people of color, and low-wealth people. It would also provide a benefit boost after 20 years to ensure that folks do not outlive their savings. Additionally, other changes in my bill would help generate additional funding to help improve the program’s long-term fiscal outlook.

I also strongly support Chairman Larson’s Social Security 2100 Act which makes other changes to both improve earned benefits and help strengthen the programs fiscal outlook. As a member of the Ways and Means Committee’s Social Security subcommittee, I remain committed to protecting and strengthening this program to ensure seniors can rely on this retirement program for years to come.”

Read more on the 2021 Social Security Trustees Report, here.

 

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