Opinion: How to provide paid family leave without further indebting the nation
By Joni Ernst and Mike Lee March 12 at 5:09 PM Joni Ernst, a Republican, represents Iowa in the U.S. Senate. Mike Lee, a Republican, represents Utah in the U.S. Senate.
That’s why we started working on a new idea last year to provide paid family leave to all new parents — moms and dads — through the Social Security system, without burdening either employers or taxpayers. To qualify for the program, parents must have worked either four out of the previous four quarters, five out of the previous six quarters or at least 20 total quarters before an initial application is filed. Benefit levels would be determined by Social Security’s primary insurance amount, so that monthly benefits would be more generous the lower the beneficiary’s income.
In the short term, our plan redirects general revenue funds straight to the Social Security Trust Fund so that it never misses a dime. A similar mechanism was used to protect Social Security during the most recent economic recovery when President Barack Obama directed general revenue funds to the Social Security Trust Fund to pay for a job-creating cut to the payroll tax.
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