Senator Ruben Gallego introduces legislation to eliminate federal taxes on Social Security benefits, impacting high earners' contributions.
Quiver AI Summary
Senator Ruben Gallego (D-AZ) has introduced the "You Earn It, You Keep It Act," a proposal aimed at eliminating federal taxes on Social Security benefits. Gallego's legislation is intended to benefit seniors who have contributed to Social Security throughout their working lives, addressing criticisms regarding previous claims that taxes on these benefits were already abolished.
The bill seeks to ensure the long-term viability of the Social Security Trust Fund by expanding payroll taxes on earnings over $250,000, which Gallego states would allow for timely payments of benefits until 2058, exceeding the current projection of 2034. Companion legislation has also been introduced in the House.
Supporters, including The Senior Citizens League and Social Security Works, have expressed enthusiasm for the bill, advocating for tax relief for seniors and ensuring that wealthier individuals contribute fairly to the system. "Eliminating federal taxes on Social Security benefits is a commonsense step to ensure older Americans can keep more of what they’ve earned," stated an executive director from the League.
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Ruben Gallego Net Worth
Quiver Quantitative estimates that Ruben Gallego is worth $121.5K, as of September 5th, 2025. This is the 456th highest net worth in Congress, per our live estimates.
Gallego has approximately $0 invested in publicly traded assets which Quiver is able to track live.
You can track Ruben Gallego's net worth on Quiver Quantitative's politician page for Gallego.
Ruben Gallego Bill Proposals
Here are some bills which have recently been proposed by Ruben Gallego:
- S.2526: Fight for the American Dream Act
- S.2495: Keep Call Centers in America Act of 2025
- S.2473: Federal Firefighters Families First Act
- S.2388: Water Infrastructure Modernization Act of 2025
- S.2254: Click to Cancel Consumer Protection Act of 2025
- S.2200: First Responders Emergency Assistance Act
You can track bills proposed by Ruben Gallego on Quiver Quantitative's politician page for Gallego.
Ruben Gallego Fundraising
Ruben Gallego recently disclosed $778.7K of fundraising in a Q2 FEC disclosure filed on July 15th, 2025. This was the 70th most from all Q2 reports we have seen this year. 92.0% came from individual donors.
Gallego disclosed $428.8K of spending. This was the 106th most from all Q2 reports we have seen from politicians so far this year.
Gallego disclosed $884.6K of cash on hand at the end of the filing period. This was the 328th most from all Q2 reports we have seen this year.
You can see the disclosure here, or track Ruben Gallego's fundraising on Quiver Quantitative.
