Social Security 2100 from Rep. John Larson. Just one of the many proposals floating around out there right now to reform Social Security and raise benefits for millions of beneficiaries. So let’s get into this right away. But if you haven’t done so yet, or if you happen to be new here, make sure to subscribe to our website as it’s totally free to do so. And I’m here for you each and every day with all the latest updates, as this information is changing very rapidly.
I know it’s confusing out there, and I know the struggle is real, but please don’t worry. I’m here for you with all those latest updates, so you can stay connected with everything going on. So again, thanks so much for visiting our site. I truly do appreciate your support. Representative John Larson was speaking on the floor in the house about his proposal, the Social Security 2100. And he was speaking for over 50 minutes yesterday.
Well, in one of my topics yesterday, I said, hey, John Larson was just out speaking, and he had some really good things to say. Well, I’ve gone through that speech a couple of times here, and there’s a lot of good information in there. As I mentioned in one of my videos yesterday as well. I told you that I’d be bringing you back some clips of John Larson actually speaking about the Social Security 2100. Well, here’s what I came up with. I went through the clips multiple times, and there’s a lot of good information here.
So I’m actually going to bring you a few separate topics with different clips from John Larson actually speaking from the floor yesterday in the house. Like I said at the beginning of this topic, this is part one, and there will be a few more parts after this. And I think you certainly want to watch these topics because this is the guy behind the Social Security 2100. I’m the person here bringing you the information. But yet John Larson is the architect behind the actual proposal to reform the program Social Security and ultimately raise benefits.
So there’s some pretty good stuff here. All right, let me quickly, just really fast, run through some of the key takeaways I want you to pay attention to as I bring you this clip from John Larson. So when I get done going through this list here quickly, I’ll bring John in, and then he will speak to you and you can hear exactly what he’s saying yesterday as he was on the floor. All right. So first off, he said that in the United States right now, there are over 5 million people drawing on Social Security who are living in poverty.
That’s a lot of people. Right. But honestly, based on what I see in all the numbers, of course, I haven’t checked the actual statistics on this. But based on what I see, I think that number is probably a lot higher than 5 million. Again, we’d have to run the statistics on and everything like that. But based on what I see, I would guess that 5 million number is probably too low. A couple of the key takeaways that he talks about is that a quarter 25% of Social Security beneficiaries rely on their benefit for 90% of their income.
Can you see why this program is so incredibly vital right now? Yeah, some pretty good stuff here. So anyway, those are just a couple of key takeaways, but John Larson gets into a lot more information. I don’t want to tell you every last piece because I want you to hear it yourself, right? From John Larson, the guy behind Social Security 2100. All right, so I’m going to jump into the clip from John. I’m not going to come back after the clip because once he says it, that’s all she wrote, as they said.
Right. So anyway, once John says this, I will catch you in the next topic, but be sure to stay connected to our website as I’m going to bring back more of these topic with little clips from John and what he said yesterday. And there’s a lot of good information in this. Okay.
All right, John, take it away.
Madam Speaker, I rise this afternoon to use this hour to discuss Social Security 2100, a sacred trust or, as Martin Luther King would remind us, the fierce urgency of now and Congress’s need to on Social Security. Let me start with the fact that Social Security is the nation’s number one insurance program, the number one insurance program that some on the other side call an entitlement. There’s nothing further from the truth, and this is easily verifiable. All you have to do is look at your pay stub. It says FICA FICA stands for Federal insurance contribution, whose contribution every citizen in the United States who pays into the program.
It is an earned benefit and one that has never missed a payment. It is a guarantee. And that’s why it’s so vitally important to every American citizen. And Congress has been negligent. It has been 50 years since there has been an enhancement to the program. It’s been more than 38 years since there was an attempt at solvency. And yet, 38 years ago, Congress enacted a cut that will take place this January. The time to act is now no more procrastination. So for all of our CSPAN listeners, make sure that you contact your member of Congress in both houses.
We are pleased that 200 plus people are original co sponsors of the bill. And you’ll hear from some of them today. And we’ve taken the Liberty of pointing out to every member of Congress how many people in your district receive Social Security benefits and what that brings into your district on a monthly basis. I assure you, there is no more greater economic development plan for your district than what happens on a monthly basis to those who need it most. Let me reiterate again. Social Security is the number one antipoverty program for the elderly and the number one anti-poverty program for children as well.
I have here, Madam Speaker, something we’ve done for every member of Congress. And in this case, we’re illustrating our great leader, Representative Jim Clyburn, who is a proud cosponsor of this bill in his district in South Carolina. Six. There are 149,433 Social Security recipients who receive $189,000,000 in monthly benefits. That’s monthly benefits. And there are 1.2 million Social Security recipients in South Carolina who receive 1.7 million in monthly benefits as well. For about half of senior beneficiaries, Social Security provides a majority of their income. Now imagine that for half the seniors in the country, Social Security provides a majority of their benefits.
And yet there hasn’t been an enhancement or an increase in over 50 years in a Cola that doesn’t even come remotely close to what people need. For more than a quarter of our seniors, it provides 90% or more of their income, 90% for a quarter of our seniors, there are 5 million of our fellow citizens in the wealthiest nation in the world at a time when the wealth disparity is the greatest it’s ever been in the country. 5 million of our fellow Americans, mostly women, receive a below poverty level check from their government.
Why? Because Congress has enacted this isn’t something the President can do through executive order. Nor is this something that the Supreme Court is going to adjudicate. This is the responsibility of the United States Congress. I’m proud that we had a hearing the other day in the Ways and Means Committee that we’re going to bring to markup and ultimately to the floor of this house. Social Security 2100 I’m proud of the fact that we have a President of the United States who refers to Social Security as a sacred trust.