More than 150 Dems launch caucus to expand Social Security benefits

More than 150 Democratic lawmakers on Thursday launched a group aimed at protecting and expanding social security benefits.

The group of progressive Democrats, known as the Expand Social Security Caucus, is being led by Senate co-chairs Elizabeth WarrenElizabeth WarrenHillicon Valley: Schiff presses intel chief on staff changes | Warren offers plan to secure elections | Twitter's Jack Dorsey to donate B to coronavirus fight | WhatsApp takes steps to counter virus misinformation Warren releases plan to secure elections during coronavirus pandemic On The Money: Trump officials struggle to get relief loans out the door | Dow soars more than 1600 points | Kudlow says officials 'looking at' offering coronavirus bonds MORE (D-Mass.) and Bernie SandersBernie SandersDrugmaker caps insulin costs at to help diabetes patients during pandemic The Hill's Campaign Report: Wisconsin votes despite coronavirus pandemic Sen. Brown endorses Biden for president MORE (I-Vt.) and House co-chairs John Larson John Barry LarsonDemocrats call for stimulus to boost Social Security benefits by 0 a month New Social Security rule limits access to non-English speakers Retirees should say 'no thanks' to Romney's Social Security plan MORE (D-Conn.), Debbie DingellDeborah (Debbie) Ann DingellOvernight Energy: Trump rolls back Obama-era fuel efficiency standards | Controversial Keystone XL construction to proceed | Pressure mounts to close national parks amid pandemic Critics blast Trump mileage rollback, citing environment and health concerns Coronavirus stimulus package shouldn't leave out older Americans MORE (D-Mich.) and Conor Lamb (D-Pa.), the group announced during a press conference Thursday morning.

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Sanders in a news release said the caucus was launched, in part, to disprove President TrumpDonald John TrumpCDC updates website to remove dosage guidance on drug touted by Trump Trump says he'd like economy to reopen 'with a big bang' but acknowledges it may be limited Graham backs Trump, vows no money for WHO in next funding bill MORE's recent claim that Democrats are trying to slash Social Security.

"At a campaign rally in Montana last week, President Trump claimed Democrats want to 'destroy your Social Security,' and 'I’m going to save your Social Security,'" wrote Sanders, a longtime advocate for expanding the social safety net. "Meanwhile, the budget that Trump himself proposed earlier this year would have cut Social Security by some $72 billion over a 10-year period." 

"Well today, along with 17 of my Senate colleagues and more than 140 of my House colleagues, I am announcing the Expand Social Security Caucus to make sure seniors can retire with the dignity they deserve," Sanders said. 

The caucus was organized with assistance from Social Security Works, an advocacy nonprofit seeking to unite lawmakers behind expanding Social Security, according to the organization's communications director, Linda Benesch. 

"The goals of the caucus … [are] not to promote any one specific piece of legislation," Benesch told The Hill, noting there are multiple expansion bills Democrats have introduced in the House and Senate that could benefit from the caucus's support.

The caucus could kick into high gear if Democrats are able to retake the House in November's midterm elections. Larson, the top Democrat on the House Ways and Means Subcommittee on Social Security, will likely hold hearings on expanding Social Security and could bring an expansion bill to the House floor if Democrats eke out a victory in the general election. 

Lawmakers emphasized their belief that Social Security is an insurance program rather than an "entitlement." 

Multiple Democrats noted that two-thirds of seniors receiving Social Security depend on the program for their livelihood. 

"Despite the success of Social Security, one out of every five senior citizens in our country is trying to make it on less than $13,5000 dollars per year," Sanders said during the conference. "That is a disgrace in the richest country in the world."

Warren said the caucus amounts to "wind in [Democrats'] sails" in the fight to preserve and expand the program.

"We are here to fight shoulder-to-shoulder for what is right because this truly is a measure of the kind of people we are and the kind of country we want to be," Warren said.

"We made a promise to people all during their working years — you contribute to Social Security, and when the time comes for you to retire, or if you become disabled, or if something happens to you and you leave a small child behind, we have built a way that all of us will work together and make sure that everyone has a basic protection in this country."