Survey Shows US Voters Want Congress to Expand—Not Cut or Privatize—Social Security

Voters in the United States overwhelmingly support Democratic proposals to expand Social Security for all recipients to cover higher costs of living and oppose Republican proposals to completely end the federal program—established during the New Deal era to improve economic security for retirees, people with disabilities, and widows and widowers—before the end of the decade.

That’s according to a new survey conducted from June 17-21 and published Monday by Data for Progress, which found that a whopping 83% of likely voters support expanding Social Security benefits to keep up with rising costs, including 86% of Democrats, 84% of Republicans, and 79% of independents.

Nearly two-thirds (65%) of likely voters are very concerned about Congress cutting monthly cash transfers for the program’s 66 million current beneficiaries, and more than half (53%) are very concerned about lawmakers privatizing Social Security.

Privatization of the program remains unpopular across the political spectrum, with 68% of likely voters—including 75% of Democrats, 70% of Republicans, and 59% of independents—opposed to Wall Street-backed schemes that would facilitate the movement of Social Security benefits from a guaranteed government fund into the volatile stock market.

The findings of the poll should be of interest to President Joe Biden, who is hemorrhaging support among Democratic voters and has come under fire in recent weeks for nominating Andrew Biggs—an American Enterprise Institute senior fellow with a history of backing Social Security privatization—to serve on the independent and bipartisan Social Security Advisory Board.

While Biden pledged on the campaign trail to support an expansion of Social Security, he has previously backed slashing the program’s benefits. Biden was vice president when former President Barack Obama proposed a “grand bargain” with congressional Republicans that would have included cuts to Social Security.

Last month, Sens. Bernie Sanders (I-Vt.) and Elizabeth Warren (D-Mass.) led the introduction of the Social Security Expansion Act, which would lift the cap on income that is subject to the Social Security payroll tax and boost the program’s annual benefits by $2,400.

According to Data for Progress, 76% of likely voters—including 83% of Democrats, 73% of Republicans, and 73% of independents—support imposing, for the first time, payroll taxes on individuals with annual incomes above $400,000 per year to fund an expansion of Social Security benefits. Currently, only those making $147,000 or less are subject to the Social Security payroll tax.

Likely voters, when informed that congressional Democrats are proposing to expand Social Security benefits while their Republican counterparts are proposing to swiftly terminate the program, told pollsters that they would be most likely to support a Democratic candidate over a Republican one by a margin of 55 to 31.

Originally published at Commondreams.org, written by Kenny Stancil.