On the recordMarch 20, 2024
The President has proposed having people once they make $400,000, pay again into Social Security.
Said by
Martin O'Malley
Source
congress.govThe President has proposed having people once they make $400,000, pay again into Social Security.
Mentioning the President's proposal for higher earners to contribute to Social Security.
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They are driving people out there with a viciousness that I believe will collapse the agency…. We have a 50-year low in staffing while the Baby Boomer generation is swelling their ranks.
At this rate, [‘DOGE’] will break it. And they will break it fast, and there will be an interruption of benefits.
the agency would serve 7 million more beneficiaries with 7,000 fewer full-time staff than in FY 2015.