Will Bernie's SSA Expansion Bill Pass?

[jaF0]

Social Security: New Bill Could Give Seniors an Extra $2,400 a Year​

https://www.gobankingrates.com › retirement › social-security › social-security-new-bill-could-give-seniors-an-extra-2400-a-year
Jul 24, 2022The Social Security Expansion Act was introduced on June 9 by U.S. Rep. Peter DeFazio (D-Ore.) and U.S. Sen. Bernie Sanders (I-Vt.), CBS News reported. Under terms of the bill, anyone who is a current Social Security recipient or who will turn 62 in 2023 would receive an extra $200 in each monthly check. The bill is timely for a couple of reasons.

 

[jaF0]

That plus an 8-11% COLA raise could be interesting.

 

[colddiesel]

What is the anticipated gross increase in total $ costs per annum; $2,400 + Cola is unaffordable perhaps? Have the Bills supporters done their sums; it does not look like it from the press releases?

 

[pezzheaddazzler]

Social Security: New Bill Could Give Seniors an Extra $2,400 a Year​

https://www.gobankingrates.com › retirement › social-security › social-security-new-bill-could-give-seniors-an-extra-2400-a-year
Jul 24, 2022The Social Security Expansion Act was introduced on June 9 by U.S. Rep. Peter DeFazio (D-Ore.) and U.S. Sen. Bernie Sanders (I-Vt.), CBS News reported. Under terms of the bill, anyone who is a current Social Security recipient or who will turn 62 in 2023 would receive an extra $200 in each monthly check. The bill is timely for a couple of reasons.

What's it going to cost us in inflation going up further?

 

[KeithD]

What is Bernie's record in getting legislation passed that he has been a major sponsor of? I can think of the naming of two post offices. What else? Not an add-on sponsor; a major authoring sponsor. He's not a Democrat (or a Republican); it's hard to built a consensus from the back, nonpartied benches (and the far edge of the spectrum).

 

[BabyBoomer50s]

Short answer to the OP’s question: No.