Warren unveils Social Security plan that raises benefits by $200 per month

Sen. Elizabeth Warren (D-Mass.) released a plan to bolster Social Security on Thursday that would raise benefits by $200 a month for current and future beneficiaries of the program.

Warren would fund the hike in benefits by raising contribution requirements on the nation's wealthiest households by imposing a new Social Security 14.8 percent contribution requirement on wages above $250,000.

Warren would also create a new 14.8 percent contribution requirement on net investment income on individuals with investment income above $250,000, and families with investment income above $400,000.

The proposal from Warren comes the same day she'll appear onstage in Houston for the next Democratic debate. It's the first time she'll appear onstage with former Vice President Joe Biden, the front-runner in the race, as well as Sen. Bernie Sanders (I-Vt.).
The three candidates top most national polls and surveys in Iowa and New Hampshire, which will hold the first contests in the Democratic race early next year.

https://thehill.com/homenews/campaign/461046-warren-unveils-proposal-to-increase-social-security-benefits-by-200-monthly