Current estimates show depletion of the fund for old age and survivors insurance in the 2030s, and CT Democrats want to expand benefits.
Social Security
Posted inMoney
Larson, Tong tackling nursing home attempts to seize resident’s stimulus checks
The Trump administration has warned long-term care facilities they can be prosecuted if they seize the payments.
Posted inMoney
House Republicans slam Larson’s plan to reform Social Security
GOP lawmakers say U.S. Rep. John Larson’s plan to keep Social Security solvent would hurt millennials and the nation’s small businesses,
Posted inPolitics
Larson says Dem gains in Congress boost chances for Social Security overhaul
WASHINGTON – Rep. John Larson thinks the third time is the charm in his effort to expand Social Security benefits and prolong the program’s solvency.
Posted inPolitics
Blue wave could propel Conn. Democrats into powerful jobs
WASHINGTON — A blue wave that wrests control of the U.S. House from the GOP would propel Connecticut’s Democratic House members — who are favored to win another term — out of a political wilderness and into positions of power. But while they may be able to advance their political agendas, the prospects of a continued GOP-controlled Senate would limit their new power.
Posted inPolitics
GOP primary rivals for U.S. Senate, Corey, Rapini, blast Murphy, not each other
Connecticut’s U.S. Senate race is a sleeper compared to the high-profile contest for governor or some of the other hot races this year. But, in a polite rivalry, Republicans Matthew Corey and Dominic Rapini are competing to see who can criticize Sen. Chris Murphy the most — and challenge him in November.
Posted inPolitics
Larson continues push Social Security reform — and says Trump would back him
WASHINGTON– For years, Rep. John Larson has been traveling the country to promote a plan to stabilize Social Security and boost benefits for the poorest Americans. While the plan has failed to move forward, Larson says he now has a powerful new ally — Donald Trump.
Posted inEducation, Health, Money, Politics
Congress faces choice of budget deal or federal shutdown
WASHINGTON — When Congress returns from its two-week recess next week it will have just days to approve a bill that would fund the federal budget and prevent a government shutdown that would affect a broad swath of Connecticut residents – from Head Start students to workers in the state’s defense industry.
Posted inPolitics
Larson takes on Social Security, again
WASHINGTON — Rep. John Larson on Wednesday reintroduced a bill that aims to boost both Social Security benefits and the program’s solvency.
Posted inMoney
Democrats push CT income tax cut for seniors – but aren’t sure how to pay for it
House and Senate Democrats called Thursday to exempt all Social Security from the state income tax, a move that could save seniors $45 million per year.
Posted inPolitics
Senate abolishes Obama gun rule prompted by Sandy Hook
Updated at 12:20 p.m. Wednesday
WASHINGTON — The U.S. Senate approved legislation Wednesday that will roll back an Obama administration rule requiring the Social Security Administration to submit information about mentally impaired recipients so they can be added to a list of people barred from purchasing a gun.
Posted inNews
Partisan split over state role in private-sector retirement
The investment industry and Senate Republicans lined up Tuesday against a Democratic proposal to create a state-sponsored retirement savings program for the 600,000 private-sector workers in Connecticut who have no access to a payroll savings plan.
Posted inPolitics
CT lawmakers say Boehner’s resignation cuts shutdown odds, but threat remains
WASHINGTON – House Speaker John Boehner’s decision to resign may have lessened the prospects of a government shutdown, but that won’t be known for sure until Congress considers a short-term spending bill next week. Meanwhile, Connecticut agencies have been told to draw up contingency plans.
Posted inPolitics
CT lawmakers tackle Social Security solvency problem
WASHINGTON – Connecticut lawmakers are promoting a plan they say would shore up the solvency of the Social Security system for 75 years — and give about 11 million seniors a tax break. U.S. Rep. John Larson, D-1st District, and U.S. Sen. Richard Blumenthal, D-Conn., introduced bills in the House and Senate Tuesday they say would eliminate a projected shortfall in the Social Security program.
Posted inPolitics
For Larson, Coltsville win caps acrimonious session
WASHINGTON – In a Congress marked by partisan acrimony, only two House Democrats voted more loyally with their party than U.S. Rep. John Larson in the 113th Congress, according to a ranking by the Sunlight Foundation. But an analysis of the bills he’s sponsored and his work shows he’s the rare Democrat who can work with Republicans. (This is the first in a series of stories on the roles the Connecticut congressional delegation played in the 113th Congress.)