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New leadership coming to tax writing and Social Security committees
The new leader of the powerful House Ways and Means Committee is predicted to be Rep. Richard Neal of Massachusetts, a moderate Democrat. One of the six subcommittees is the Subcommittee on Social Security, which is where any reform legislation is likely to originate and where testimony would be given and heard about this program, of which there are 62 million beneficiaries in America. The presumed chairman of this subcommittee is Rep. John Larson of Connecticut.
In this article, Neal outlines his priorities for the upcoming session, mentioning trade and infrastructure. Neal has been less critical of both President Trump and the tax law passed in 2018 along party lines than many other Democrat leaders. Read full article here.
The Association of Mature American Citizens (AMAC) advocates for a strengthening of Social Security and has developed a bipartisan compromise bill, titled “The Social Security Guarantee Act,” taking selected portions of bills introduced by Rep. Sam Johnson (R-TX) and Rep. John Larson (D-CT) and merging them with the Association’s original legislative framework to create the new Act. AMAC is resolute in its mission to get the attention of lawmakers in DC, meeting with a great many congressional offices and their legislative staffs over the past several years. Learn more about AMAC’s Social Security Guarantee here…
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.
