Last week TSCL was contacted by the office of Congressman Peter DeFazio (D-Wash.) seeking our endorsement of legislation he is introducing titled the “Social Security Stabilization and Enhancement Act.” Rep. DeFazio says this bill is a fix for the looming Social Security Trust Fund insolvency.
This is the same bill he introduced in 2019 which TSCL endorsed then and we have endorsed this new bill once again.
We were also told that the Congressman is working on further legislation to raise benefits and further extend solvency which he plans on introducing later this year. We will report on that new bill whenever it is introduced.