make sure it’s funded for the future by having wealthy individuals pay their fair share
Ensure Social Security is funded for the future by having wealthy individuals pay their fair share.
Occurrences
Evidence
"Lois will continue to protect Social Security, work to enhance benefits, and make sure it’s funded for the future by having wealthy individuals pay their fair share."
Frankel said the legislation "protects the longevity of the Social Security by asking millionaires and billionaires pay their fair share." The release says she joined as an original cosponsor of the Social Security 2100: A Sacred Trust Act.
Latest Action: "Introduced in House (10/26/2021)" and the tracker states "This bill has the status Introduced."
Frankel says she "I am proud to support bills like the Social Security 2100 Act" and that she will "always fight to protect Social Security" and oppose cuts, while emphasizing efforts to strengthen benefits and the trust fund.
"I am proud to support bills like the Social Security 2100 Act, which would increase benefits for retirees, protect against inflation, support low-wage workers, reduce Social Security taxes for lower- and middle-income earners, provide caregiver credits, strengthen the Social Security Trust Fund, and more."
"The Social Security 2100 Act would... Ensure that millionaires and billionaires pay the same rate as average Americans" and "The bill now goes to the Ways and Means Committee for review."
Assessments
Frankel materially supported legislation aligned with the promise, including cosponsoring the Social Security 2100 Act to strengthen Social Security financing by requiring millionaires and billionaires to pay more. However, the identified bill did not advance beyond introduction, and the evidence does not show enactment of a federal policy ensuring Social Security is funded for the future through higher contributions from wealthy individuals. This is a serious legislative attempt without delivery of the promised outcome.
Frankel supported and cosponsored legislation, including the Social Security 2100 Act, intended to strengthen Social Security by requiring higher earners to contribute more. However, the cited legislative vehicle did not advance beyond introduction and there is no evidence that the promised policy outcome was enacted or that Social Security was funded for the future through this mechanism. Because there was a concrete legislative attempt but the promised outcome was not delivered, the correct outcome is never with an effort badge.