More Social Security? Not likely given its state
Social Security enjoys broad support in America. Pew Research Center questioned a number of demographic groups in March 2019 on whether cuts should be made to Social Security for future beneficiaries in order to put the program on firmer ground. Of all the adults surveyed, a strong 74% suggested no cuts should be made, with 25% saying some reductions will need to be made. Opposition to cuts was strongest among seniors aged 50+ which is the group either receiving benefits or have their benefits within sight. But something must give, of course, as The Social Security program will be cut for all by about 20% across the board in 15 years, as the funds simply will not be there to pay full, promised benefits. As Sean Williams notes in this piece, Social Security single-handedly keeps more than 22 million Americans, including 15.3 million retired workers, out of poverty. Williams quotes The Rolling Stones from their 1969 song, “You Can’t Always Get What You Want” but suggests what might be done. Read the full piece here.
The Association of Mature American Citizens (AMAC) advocates for a strengthening of Social Security and has developed a bipartisan compromise bill, titled “The Social Security Guarantee Act,” taking selected portions of bills introduced by Rep. Sam Johnson (R-TX) and Rep. John Larson (D-CT) and merging them with the Association’s original legislative framework to create the new Act. AMAC is resolute in its mission to get the attention of lawmakers in DC, meeting with a great many congressional offices and their legislative staffs over the past several years. Learn more about AMAC’s Social Security Guarantee here…