Heard on the Hill
Outgoing Senator Cassidy Makes Impassioned Plea for Social Security Attention - YouTube; Forbes
There have been many detailed explanations of what insolvency means for Social Security’s future, but they are often obscured by excessive detail. In a speech on the U.S. Senate floor earlier this week, Senator Bill Cassidy (R-LA) provides a clear, brief explanation of the problem. He also discusses the political forces blocking efforts to address the problem and describes one pathway he has championed—the investment fund solution. Finally, he closes with a sincere plea for Congress to act in the intervening period between now and the start of the 120th Congress.
Watch Sen. Cassidy’s 12-minute YouTube video here, courtesy of Forbes Breaking News.
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.