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Presidential Candidate Harris on Social Security…Probably No Change in Position
The change in Democrat Party’s 2024 presidential campaign ticket will probably not yield any change in position on Social Security’s future, according to a post today by Newsweek reporter Aliss Higham. Although Harris’s specific policy points have yet to be revealed (after all, her ascendence to the top of the ticket is only about a day old), her previous endorsement of President Biden’s position appears to be the line she will take on Social Security. In summary, this position opposes any program benefit cuts, along with increasing program revenue through resumption of payroll taxes for incomes above $400,000. The Biden-Harris position also advocated substantial funding increases for the Social Security Administration to achieve customer service improvements, while her past support of the Social Security Expansion Act could foretell additional changes to the program’s benefit structure.
Read the Higham post in full here.