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Expanding Social Security Is NOT the Answer | Retirement Readiness: Myth vs. Fact #06


House Democrats' Social Security Bill Is an Assault on Taxpayers

House Democrats could soon bring legislation to the floor to expand Social Security, a failing wealth redistribution program. Last week, the House Subcommittee on Social Security held two hearings on the Social Security 2100 Act, H.R. 860, which has 203 cosponsors, all of whom are Democrats. According to the Office of the Chief Actuary, the Social Security 2100 Act would increase taxes by $18.9 trillion.