Pramila Jayapal on Social Security

	Pramila Jayapal on Social Security

Lift the income cap; reform COLA adjustments

Making the Wealthy Pay Their Fair Share Into Social Security and Medicare: In yet just another example of the rich getting richer on the back of working Americans, currently someone making millions of dollars a year contributes the same amount of money to Social Security as someone making $118,500 a year. In Congress, Pramila will work to end this inequity by supporting legislation to lift the income cap on Social Security so that everyone pays the same percentage of their income into Social Security. In addition, Pramila believes that we need to invest where there is the greatest need and supports reducing benefits for high-income earners who have greater financial security and do not often rely on Social Security benefits in retirement.

Pramila will work to reform the funding formula for Social Security benefits so that the annual cost of living adjustments are more reflective of senior spending patterns rather than simply inflation.

Source: 2016 WA House campaign website PramilaForCongress.com , Nov 8, 2016

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