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Washington, D.C. – Tomorrow at approximately 2:30 p.m., U.S. Senator Marco Rubio (R-FL) and U.S. Representative Ann Wagner (R-MO) will hold a press conference to introduce legislation to offer a conservative solution for paid family leave for working American families. A one-pager of his bill is available here.
Rubio and Wagner penned an op-ed today outlining their plan. Last month, Rubio’s office released a video highlighting his efforts to help working American families by expanding the Child Tax Credit and offering a conservative solution for paid family leave.
Rubio’s remarks will be live streamed here.
Thursday, August 2, 2018
Rubio, Wagner hold press conference to introduce paid family leave bill
Approximately 2:30 p.m.
Senate Radio TV Gallery, S-325, The U.S. Capitol
Washington, D.C.
Background:
The Economic Security for New Parents Act creates an option for new parents to pull forward a portion of their Social Security to use for paid parental leave after the birth or adoption of a child.
Parents taking the option must use the benefit to take at least two months of parental leave, and the benefit is large enough to finance two months of leave at up to 70 percent of wages for nearly all parents making below median family income. Many parents, especially those with low incomes, will be able to finance three months of leave or longer with the amount of the benefit, which is transferable between spouses.
In order to finance the benefit, all parents taking the option will delay the date at which they begin receiving Social Security retirement benefits by three to six months, as determined by the Social Security Administration each year.