The legislation would elevate the eligibility age for students to gather benefits to 22, delivered the person is a full-time pupil in college or even a vocational school.

"Cut squander, fraud and abuse everywhere that we can easily find it and There's a lot, there is a lot of it," he continued. "But usually do not Lower the benefits our seniors worked for and paid for their whole lives. Save Social Security, don't damage it."

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President Biden has proposed a four-issue strategy to improve Social Security, which is anchored by larger payroll taxes on prime earners.

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Negotiations over the federal debt ceiling mark one of several first huge challenges the new Congress will facial area.

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Here's why some be concerned that could lead to Social Security and Medicare delays, and proposals for cuts to These programs.