the maximum amount of earnings right now subject to the tax? $168,800, I do believe.
I would warn you trying to raise marginal tax rates to the extent you want to is going to really harm economic growth.
the Chairman's solution to this is tax the wealthy.
It was never intended as a welfare program; correct?
You are going to pay in. We are going to save this money for you, and then you are going to pay it out in retirement.
We are marking up the bill 55 days before the election. This is not promoting election integrity.
The trouble is there is no Reagans or Tip O'Neills in Washington right now.
We are going to create this Trust Fund, not invest real assets.
What he wants to do is increase people's taxes to basically about 57 percent.
This Committee has passed comprehensive election integrity legislation this Congress.
The Safeguard American Voter Eligibility Act, or SAVE Act, would require proof of U.S. citizenship to vote.
I will continue to ensure this Committee keeps to work to strengthening our elections.
We need to strengthen American's confidence in our elections.
Back then it is kind of hard to get the exact number of workers versus beneficiaries.
This would literally turn at least a good chunk of Social Security into more of a general welfare program.
As Chairman, I am committed to working with States to ensure elections run smoothly and without foreign interference.