By Lindsay Carey Staff Writer Congressman John Larson recently introduced his new proposal to expand the benefits of Social Securityat the Calendar House in Southington on the 79th anniversary of the legislation. Larson expressed his frustration with the perspective that views Social Security as an entitlement. The congressman instead referred to Social Security as insurance that has already been paid for. “This is the insurance that you paid for, that you earned, that through your work and your direct deposits contributes to the more than $3 trillion that is in Social Security currently,” said Larson. “It was put there by you, so this is not an entitlement. This was earned by you.” According to Larson, Social Security is solvent for the next 75 years and is currently covered through 2033. However, his proposed bill would secure it into the next century. The bill is called the Social Security2100 Act. “It’s the 79 birthday of Social Security and we’re trying to make sure it’s around another 79 years,” said Larson. “Let’s give it the guarantee that it will be.” The congressman said that he began working on Social Security reform because he serves on the Ways and Means Committee in Congress. [...]
By Lindsay Carey Staff Writer Congressman John Larson recently introduced his new proposal to expand the benefits of Social Securityat the Calendar House in Southington on the 79th anniversary of the legislation. Larson expressed his frustration with the perspective that views Social Security as an entitlement. The congressman instead referred to Social Security as insurance that has already been paid for. “This is the insurance that you paid for, that you earned, that through your work and your direct deposits contributes to the more than $3 trillion that is in Social Security currently,” said Larson. “It was put there by you, so this is not an entitlement. This was earned by you.” According to Larson, Social Security is solvent for the next 75 years and is currently covered through 2033. However, his proposed bill would secure it into the next century. The bill is called the Social Security2100 Act. “It’s the 79 birthday of Social Security and we’re trying to make sure it’s around another 79 years,” said Larson. “Let’s give it the guarantee that it will be.” The congressman said that he began working on Social Security reform because he serves on the Ways and Means Committee in Congress. [...]