Vermont Senator Bernie Sanders has introduced the Keep Billionaires Out of Social Security Act in an attempt to undo what a group of senators is calling "disastrous" cuts under the Trump administration.

Sanders, along with Senators Ron Wyden of Oregon and Chuck Schumer of New York, created the proposal as a way to counter President Donald Trump 's policy changes targeting the Social Security Administration.

"This legislation — unveiled for the 90th anniversary of President Franklin D. Roosevelt signing the Social Security Act into law — reverses the disastrous cuts the Trump administration has made to the Social Security Administration (SSA)..." Sanders' office said in a statement.

Why It Matters

More than 70 million Americans rely on Social Security payments each month, and near

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