WASHINGTON, D.C. – U.S. Sen. Sherrod Brown (D-OH) – ranking member of the Senate Finance Committee’s Subcommittee on Social Security, Pensions, and Family Policy – issued the following statement on President Obama’s proposal to expand Social Security benefits:
“Social Security is critical to retirement security for working families and today – it’s more important than ever,” Brown said. “Seniors who have spent a lifetime paying into Social Security rely on the benefits they’ve earned so they can retire with dignity. I look forward to working with President Obama and my Congressional colleagues to expand benefits, strengthen the program’s future, and make retirement more secure for all Americans.”
Brown opposes any efforts to cut Social Security benefits or privatize the program. Instead, he is leading efforts to increase benefits for seniors, change the cost-of-living-adjustment (COLA) formula to reflect seniors’ true cost of living, and extend the solvency of the Social Security trust fund.