Social Security & Entitlements
Gradual cap lift, modest age adjustment with exemptions, strengthen minimum benefit
Why we hold this
A combination of modest revenue increases and targeted benefit adjustments that fully funds the program for 75+ years. Lift the payroll tax cap gradually. Adjust the retirement age modestly while protecting physically demanding occupations. Strengthen the minimum benefit so no retiree lives in poverty.
This position drives toward
Key Policy Points
- 1Gradually lift the payroll tax cap to cover 90% of earnings (from current ~83%)
- 2Modest retirement age increase with exemptions for physically demanding work
- 3Strengthen the minimum benefit to ensure no retiree falls below the poverty line
- 4Adopt a more accurate cost-of-living adjustment (chained CPI with elderly adjustment)
- 5Automatic stabilizers that make small adjustments when projections change
Related positions
Issues serving the same outcomes
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Tax Reform
A tax system that raises adequate revenue, promotes growth, and distributes burdens fairly.