"Social Security checks helped my family through," she said. "It's why my brother and I were able to go to college. The benefit helps us feel like we are part of a society that respects our elders and values our vulnerable."
While it is unclear how the bill will fare in a Congress seemingly paralyzed by partisan gridlock as it heads into a tense election year, what is clear is that the Social Security trust funds are in trouble.
The latest trustee report said the impact of Covid-19 decreased the funds’ ability to pay full benefits by one year. If lawmakers fail to act, Americans receiving benefits will see the amount of their monthly checks cut by 20% starting in 2034.
Nancy Altman, president of the advocacy group Social Security Works, said in a statement: “The entire nation owes Rep. Larson an enormous debt of gratitude for his powerful leadership and legislation. Thanks to his visionary leadership and tireless work, Democrats are united and ready to take action to protect and expand Social Security.”