David Loebsack on Social Security
A: The cap on income subject to FICA tax should be increased to $150,000.
Some 200 Democratic House and Senate candidates have signed on to a pledge rejecting any effort to privatize or scale back Social Security benefits or raise the retirement age. The Progressive Change Campaign Committee sponsored this pledge among Congressional candidates.
CONCURRENT RESOLUTION expressing the sense of the Congress that the Chained Consumer Price Index (CPI) should not be used to adjust Social Security benefits.
Opponent's argument against bill:(Congressional Testimony by Jeffrey Kling, Congressional Budget Office Associate Director for Economic Analysis, April 18, 2013):
The chained CPI grows more slowly than the trad
|2016-17 Governor, House and Senate candidates on Social Security:||David Loebsack on other issues:|
Newly-elected Democrats taking office Jan.2017:
Newly-elected Republicans taking office Jan.2017:
Longworth HOB 1527, Washington, DC 20515