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Democratic party shifting left on Social Security reform

The Democratic Party is vowing to expand Social Security benefits and will fight any attempt to roll back the Department of Labors fiduciary rule.

By Nick Thornton | Updated on July 08, 2016
The Democratic Party is vowing to expand Social Security benefits, according to a draft copy of the 2016 Democratic Party Platform. (Photo: Getty Images)

The Democratic Party is vowing to expand Social Security benefits and will fight any attempt by Congressional Republicans or “Wall Street” to roll back the U.S. Department of Labor’s fiduciary rule, according to a draft copy of the 2016 Democratic Party Platform. 

The platform draft was crafted by a 15-member committee, and will be finalized by the end of the week by the full platform committee, which is convening in Orlando, Florida on July 8th and 9th. From there, it will be presented for ratification at the Democratic National Convention in Philadelphia beginning July 25th. 

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Nick Thornton

Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.

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