Schumer introduces legislation to protect Social Security, countering cuts that threaten services for seniors in the Southern Tier.
Quiver AI Summary
Senator Chuck Schumer announced new legislation aimed at safeguarding Social Security for more than 203,000 seniors in New York's Southern Tier, asserting that current policies are undermining the benefits. The bill, titled The Keep Billionaires out of Social Security Act, intends to prevent office closures, hire more staff, and enhance services that seniors rely on.
Schumer criticized recent cuts, alleging they are causing chaos, including layoffs and overwhelmed local offices. He emphasized the need for investment in Social Security, stating, “Our seniors worked hard for their benefits, and we are going to make sure it is protected, not cut.”
The proposed bill would allocate $5 billion annually to improve the Social Security Administration, modernizing operations and safeguarding beneficiaries' data, amidst reports of current difficulties faced by seniors in accessing timely service.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Charles E. Schumer Net Worth
Quiver Quantitative estimates that Charles E. Schumer is worth $1.8M, as of August 6th, 2025. This is the 235th highest net worth in Congress, per our live estimates.
Schumer has approximately $0 invested in publicly traded assets which Quiver is able to track live.
You can track Charles E. Schumer's net worth on Quiver Quantitative's politician page for Schumer.
Charles E. Schumer Bill Proposals
Here are some bills which have recently been proposed by Charles E. Schumer:
- S.2681: A bill to amend the Internal Revenue Code of 1986 to extend the availability of certain clean energy credits.
- S.2556: A bill to repeal the changes made by the health subtitle of the One Big Beautiful Bill Act, and for other purposes.
- S.2009: Charles B. Rangel Congressional Gold Medal Act
- S.1929: SEPSIS Act
- S.1804: Presidential Airlift Security Act of 2025
- S.1741: Truth in Tariffs Act
You can track bills proposed by Charles E. Schumer on Quiver Quantitative's politician page for Schumer.
Charles E. Schumer Fundraising
Charles E. Schumer recently disclosed $102.1K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 610th most from all Q2 reports we have seen this year. 96.6% came from individual donors.
Schumer disclosed $450.5K of spending. This was the 99th most from all Q2 reports we have seen from politicians so far this year.
Schumer disclosed $8.7M of cash on hand at the end of the filing period. This was the 19th most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Charles E. Schumer's fundraising on Quiver Quantitative.
