Feb. 17 (UPI) -- Former New York City Mayor Mike Bloomberg rolled out his Social Security plan Sunday, saying he will strengthen the program and will add benefits to the poorest recipients.
Bloomberg's plan includes introducing a new minimum benefit in Social Security, creating a government-backed retirement-savings plan, curbing out-of-pocket drug cost in Medicare, expanding routine coverage and developing a federal safety net to guard against the catastrophic costs, according to a statement.