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Tammy Baldwin: “Right now there's an income cap after which you don't pay…”

Featuring: Tammy Baldwin, Democratic | U.S. Senate, Wisconsin

Campaign 2024_ U.S. Sen. Tammy Baldwin (D) - Incumbent Candidate for U.S. Senate [

Published October 21, 2024 | Video Starts at 15:40

I want to ask you about Social Security faces potential long term financing shortfalls. What reforms to Social Security do you support? Well, it's very simple. Right now there's an income cap after which you don't pay into Social Security. It's around $169,000 a year. And so somebody, once they make that amount, they don't pay into Social Security. Beyond that, well, that means a whole lot of folks are not paying in adequately. (15:40–15:49)

CLAIM

Asserts that there is an income cap of approximately $169,000 for Social Security contributions.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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