Today, Senator Brian Schatz released the following statement on the 78th Anniversary of the passage of the Social Security Act:
"On the 78th anniversary of the passage of Social Security, we should acknowledge the program's tremendous success, as well as the ways to strengthen and enhance it," said Senator Brian Schatz. "I will be working with Senator Tom Harkin and our colleagues in Congress to pass the Harkin-Schatz bill so that Social Security will continue to keep America's seniors out of poverty for generations to come. Social Security is the most successful antipoverty program in United States history--we need to be enhancing it, not undermining it."
Last week, Senator Schatz laid out a plan, along with Senator Tom Harkin from Iowa, that will expand and enhance Social Security for Hawaii's seniors and future generations. The Harkin-Schatz bill will enhance and add longevity to the Social Security program, increase benefits by about $65 per month, allow the real costs that seniors face to be considered when calculating benefits, and remove the wage cap to make it fair for all Americans.