House Ways & Means Committee discusses Social Security reform
In what appeared to be a refreshing example of bipartisanship, members of the new House Ways & Means Committee held a 4 hour hearing to discuss retirement income security, and Social Security was center stage during those discussions. Among the main topics was the recently re-introduced Social Security 2100 Act, sponsored committee member Rep. John Larson (D-CT). With members of both parties in cordial agreement that differences of opinion exist as to how to reform Social Security, they expressed a desire to work together to achieve a bipartisan solution. While this is only a start to the Social Security deliberations in the new Congress, could it be a ray of hope that responsible Social Security reform is possible? Click below for this report by Nick Thorton at Benefits Pro offers comments on the Committee’s hearing on retirement security.
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 review AMAC’s Social Security Guarantee, click here.
Click here to read the Benefits Pro article on the House Ways & Means Committee hearing.