New Spotlight on Social Security? Even the Election Year Hyperbole is a Good Thing. - Forbes
It’s certainly not surprising that Democrats, trailing Republicans in most election year polling, would resort to their old scare tactic by asserting that Republicans want to cut Social Security and Medicare and “throw Grandma off the cliff.” And. unfortunately, a few Republicans have recently given the other side election season fodder by honestly discussing the fact that Social Security reform is needed. But putting all of the election season false accusations aside, real Social Security reform is, in fact, needed because the program is facing some serious financial difficulties in little more than a decade unless Congress works together to update the program to today’s realities. Look at it this way – if Congress fails to act soon to adopt a bipartisan reform package, Social Security benefits for everyone will be slashed by about 23% in the year 2034, thus not only “throwing Grandma of the cliff” (as Democrats accuse Republicans of wanting to do), but rather pushing ALL beneficiaries off the cliff. So, even as the hyperbolic rants from Democrats fly, it is at least helpful to bring Social Security’s looming financial issues into focus. The fact is that Social Security beneficiaries are now living decades longer than the program was designed to support, so reform is inevitable and a bipartisan solution must be sought, as explained in this Forbes article by Howard Gleckman.
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.
Notice: The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or socialsecurityreport.org.