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Proposed Solution for Social Security Insolvency - U.S. Senate Committee on the budget
U.S. Senator Sheldon Whitehouse, Chairman of the U.S. Senate Budget Committee, spoke at the Social Security hearing today. His remarks offer a perspective and a proposed solution to the Social Security insolvency issue. Read here…
Similar to many consulting organizations, the Association of Mature American Citizens (AMAC) has been heavily engaged in development of a solution that would preserve and modernize Social Security for generations to come. This effort by AMAC and its subsidiaries, AMAC Action and AMAC Foundation, has resulted in AMAC’s Social Security Guarantee (SSG), a slate of adjustments across a range of target areas with an intent to preserve the program for current beneficiaries and to align it with 21st Century demographics and economics.
AMAC’s SSG is balanced and singles no group out with excessive changes and designed to extend the solvency of the program and prevent across-the-board benefit reductions. Click here to learn more about AMAC’s approach to resolving Social Security’s dilemma.