Sen. Bernie Sanders has been appointed to the Senate’s Finance Committee, which oversees key issues like Social Security and Medicare.
He advocates for increasing Social Security benefits by $2,400 annually and enhancing cost-of-living adjustments.
Sanders proposes funding these expansions by applying payroll taxes on incomes over $250,000, significantly above the current cap.
He also aims to expand Medicare, including comprehensive coverage for dental, hearing, and vision care, while eliminating premiums and co-pays.
As part of a new Democratic cohort, Sanders joins other progressives, filling seats vacated by retiring members, which influences trade and tax policy.