Washington, June 3 -- Rep. John B. Larson issued the following press release:
Today, House Social Security Subcommittee Ranking Member John B. Larson (CT-01) released the following statement reacting to a new report (https://www.crfb.org/nostatespared) from the Committee for a Responsible Federal Budget (CRFB), that was featured in CBS News (https://www.cbsnews.com/news/social-security-trust-fund-depletion-benefit-cuts-by-state/), illustrating how Congress' failure to act to protect Social Security will impact Americans with automatic benefit cuts in 2032. In Connecticut alone, the average resident on Social Security will see their monthly benefit cut by $556, affecting 17.9% of the population, and resulting in the loss of 1.1% of the stat...