About Social Security’s financial woes
For anyone who reads about current events and also looks to the future, it’s no secret that America’s Social Security program has financial issues which are rapidly coming to a head. The truth is that at its current course and speed, Social Security’s Trust Fund will run dry in about 2034, at which point the program will need to cut benefit payments to correspond with the actual revenue it takes in. In this Newsmax article, columnist Brenton Smith laments that there’s no way around the sorry shape that Social Security is in.
AMAC has been at the forefront trying to strengthen Social Security by developing and proposing its Social Security Guarantee. AMAC has been discussing and continues to discuss this common-sense solution with Congressional Representatives in its efforts to protect America’s senior citizens who rely on Social Security.
To read Brenton Smith’s Newsmax article about Social Security, click here.
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