Bernie Sanders’ Legislation Expanding Social Security Would Extend Solvency 40 Years, According to New Analysis

WASHINGTON–(ENEWSPF)– February 5, 2016 – Sen. Bernie Sanders’ legislation to strengthen and expand Social Security would extend the life of the program an additional 40 years, from 2034 to 2074, according to a new analysis by the agency in charge of determining the solvency of Social Security.

The Social Security Expansion Act– introduced by Sanders last year – would subject all income over $250,000 to the payroll tax. Under current law, the amount of income…