Higher taxes on the wealthy would bolster Social Security, U.S. Senate Dems argue

Social Security provides financial stability that helps women and people of color stay out of poverty, an advocate said

By: - July 13, 2023 10:21 am

discussed the long-term future of Social Security. (Getty Images)

WASHINGTON — U.S. senators debated Wednesday how best to resolve a funding cliff within Social Security that will lead to a quarter reduction in benefits in about a decade, absent action from Congress.

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Jennifer Shutt
Jennifer Shutt

Jennifer covers the nation’s capital as a senior reporter for States Newsroom. Her coverage areas include congressional policy, politics and legal challenges with a focus on health care, unemployment, housing and aid to families.