Envision New America Social-Security

ENVISION: 

Social Security is the permanent, unbreakable promise that guarantees dignity and financial security for every American in their later years.

  • The system is fully and perpetually funded through a tax structure that applies to all forms of income, including high-level capital gains and dividends.
  • Every dollar earned contributes to the nation’s collective security (no cap on taxable earnings).
  • Benefit levels are set to ensure that no senior or person with a disability ever falls below the true cost of living in their region.
  • Cost-of-Living Adjustments (COLA) are calculated using a Seniors-focused index that accurately reflects the rising costs of essentials, including food, healthcare, and housing.
  • The system grants unpaid caregivers Social Security credits (those who stay home to raise children or care for elderly relatives).
  • Disability insurance is streamlined and compassionate, ensuring that those unable to work receive support without legal hurdles.
  • Seniors to work as much as they choose without any penalty to their earned benefits.
  • Social Security remains a purely public, non-profit trust, protected forever from the volatility and fees of private market speculation.
  • Benefit formulas are updated to close the racial and gender wealth gaps, recognizing historical disparities in lifetime earnings.
  • The system provides a robust minimum benefit that serves as a floor, preventing any lifelong worker from ever facing destitution.
  • Survivor benefits are enhanced to ensure that the death of a spouse does not lead to a sudden, catastrophic drop in a household’s standard of living.
  • Young workers enter the workforce with complete confidence that the system will be there for them, backed by transparent, long-term federal planning.
  • The Social Security Administration is fully staffed and modernized, providing world-class, face-to-face service in every community.