,i #aafth ,,congress #b;d ,session ,h4 ,r4 #haga ,,in ,,the ,,house ,,of ,,representatives ,september #d1 #bjbj ,mr4 ,larson of ,connecticut 7for himself1 ,mr4 ,neal1 ,mr4 ,thompson of ,california1 ,mr4 ,suozzi1 ,mr4 ,beyer1 ,ms4 ,moore1 ,mr4 ,blumenauer1 ,mr4 ,panetta1 ,mr4 ,horsford1 ,ms4 ,snchez1 ,mr4 ,pascrell1 ,mr4 ,higgins of ,new ,york1 ,mr4 ,danny ,k4 ,davis of ,illinois1 ,mr4 ,evans1 ,mr4 ,kildee1 ,ms4 ,del,bene1 ,mr4 ,kind1 ,mr4 ,courtney1 ,ms4 ,de,lauro1 ,mr4 ,himes1 ,mrs4 ,hayes1 and ,ms4 ,sewell of ,alabama7 introduced the following bill2 which was referred to the ,committee on ,ways and ,means ,a ,,bill ,to nullify certain executive actions to permit the delayed withholding and deposit of payroll taxes4 #a4 ,short title2 ,findings 7a7 ,short title ,this ,act may be cited as the ,save our ,social ,security ,now ,act4 7b7 ,findings ,congress finds the following3 7#a7 ,social ,security is ,americans' commitment to each other2 it is the foundation of retirement security and provides nearly all workers and their families with essential insurance protections for retirement1 disability1 or death of a family breadwinner4 7#b7 ,americans are relying on ,social ,security more than ever during the ,,covid-#ai pandemic which is harming the very ,americans who most rely on ,social ,security1 our seniors1 people with disabilities1 women and people of color4 7#c7 ,americans have consistently ranked ,social ,security as one of the most important ,federal programs4 7#d7 ,social ,security enjoys deep and sustained public support because it is a benefit workers earn through their payroll contributions with each and every paycheck under the ,federal ,insurance ,contributions ,act 7,,fica74 7#e7 #fe million people1 or nearly #a in #c households1 receive their earned ,social ,security benefits each month1 including seniors1 widows1 people with disabilities1 children1 and veterans4 7#f7 ,social ,security's progressive benefit formula1 family benefits1 and disability and survivor protections make the program especially important to communities of color and to women1 as it partially mitigates the systemic inequalities in the rest of the retirement system1 which mirror systemic inequalities in the labor market4 7#g7 ,social ,security's guaranteed benefits lift #bb million ,americans out of poverty each year1 and allow millions more to live with dignity after their retirement or disability4 7#h7 ,social ,security pays #a trillion in benefits each year1 and beneficiaries return those funds to their local economies in every ,congressional ,district in the nation when they pay for their homes1 groceries1 and medical care4 7#i7 ,social ,security functions as an automatic stabilizer and economic stimulus during recessions1 and the current economic and public health crises make the program's role more important than ever1 as beneficiaries can count on its monthly payments as a reliable source of income4 7#aj7 ,at its inception #he years ago1 ,social ,security was created by ,president ,roosevelt as an earned benefit program where workers' benefits are fundamentally linked to their earnings from work4 7#aa7 ,payroll deductions under the ,,fica are the contributions that workers and their employers pay into ,social ,security1 and represent the direct link between earnings and benefits4 7#ab7 ,these payroll contributions provide a secure and dedicated source of revenue to finance the earned benefits4 7#ac7 ,eliminating these payroll contributions would end ,social ,security1 making it unable to pay any disability benefits beginning in #bjba and unable to pay any retirement or survivor benefits beginning in #bjbc4 7#ad7 ,social ,security is irreplaceable and has been a cornerstone of our nation's social compact for more than three-quarters of a century4 7#ae7 ,the ,president's recent executive action to defer payroll taxes from ,september through ,december #bjbj is the first step in his announced plan to entirely defund ,social ,security by eliminating payroll contributions altogether beginning in #bjba4 7#af7 ,eliminating the payroll tax would destroy ,social ,security and with it the financial stability of generations of retirees1 widows1 children1 and people with severe disabilities4 7#ag7 ,therefore1 ,congress rejects the ,president's proposals to defer now and eliminate later the payroll contributions which fund ,social ,security's earned benefits4 #b4 ,nullification of certain executive actions to permit the delayed withholding and deposit of payroll taxes ,as of the date of the enactment of this ,act1 neither the ,secretary of the ,treasury1 nor any delegate of the ,secretary of the ,treasury1 shall implement ,internal ,revenue ,service ,notice #bjbj-fe 7entitled 8,relief with ,respect to ,employment ,tax ,deadlines ,applicable to ,employers ,affected by the ,ongoing ,coronavirus 7,,covid-#ai7 ,disease #bjai ,pandemic07 and such ,notice shall be null and void4