HI HR35

Urges the United States Congress to adopt the Social Security 2100 Act to address the projected depletion of Social Security Trust Funds by 2034.

Supports the Social Security 2100 Act's provisions to increase benefits by 2 percent for all beneficiaries, improve cost-of-living adjustments, and increase benefits by an additional 5 percent for seniors receiving benefits for 15 years or more.

Endorses the Act's restoration of student benefits up to age 26 for dependent children of disabled and deceased workers, repeal of the windfall elimination provision and government pension offset, and elimination of the five-month waiting period for disability benefits.

Supports funding mechanisms that would cut taxes for 23 million middle-income beneficiaries while applying Federal Insurance Contributions Act taxes to earnings over $400,000 and adding a 12.4 percent net investment income tax for taxpayers making over $400,000.

Strongly encourages Congress to reject any legislation that would lead to privatization of Social Security benefits.