House Dems Announce Bill to Expand Social Security as GOP Default Threat Imperils Payments

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House Dems Announce Bill to Expand Social Security as GOP Default Threat Imperils Payments
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'No corner of America is safe if the Republicans blow up our economy, and that starts with Social Security,' said Rep. BillPascrell.

During a press conference, the Social Security 2100 Act's co-sponsors emphasized the potentially devastating impacts that a GOP-induced U.S. debt default would have on the nation's tens of millions of Social Security recipients, many of whom rely on the program for their sole source of income.

The National Committee to Preserve Social Security and Medicare has warned that a U.S. default could jeopardize Social Security payments by leaving the Treasury Department without the money to fulfill its obligations.

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