Political Quotes

On the recordNovember 4, 2021
Mr. President, Social Security provides vital benefits millions of Americans who work and pay into the system with each paycheck. Because Social Security is fundamental to workers' retirement security, the law protected benefits from creditors. The only exceptions were unpaid Federal taxes, child support or alimony payments, and court-ordered victim restitution. These protections ensured that the social safety net programs would be there for basic needs. That protection was weakened over 20 years ago when the law was changed. Now, more and more seniors face cuts in their Social Security benefits because of student loan debts. While Congress and the Biden- Harris Administration took significant steps to protect Americans from facing crushing debt during a global pandemic, exempting the economic impact payments from garnishment and extending the freeze on student loan payments through January 2022, seniors will still be on the hook for cosigning their child or grandchild's student loan debt when those payments resume. We need to take action today to restore the strong protections to Social Security and other benefit programs. We now realize what a profound effect the loss of these protections has had on retirees and individuals with disabilities, who often live on fixed incomes. More and more seniors and people with disabilities are having their Social Security and other lifeline benefits taken away to pay Federal debts. For example, according to recent data from the U.S.…
Said by
Ron Wyden
Democratic · Oregon

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