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One View of the Solvency Issue and a Potential Solution
Social Security’s looming insolvency is beginning to get attention, finally. After all, the program’s Trustees have been sounding the alarm for about three decades, so even though its late in the 118th Congress, it’s great to see the debate shaping up.
In the months leading up to the next Administration, we expect to see many voices join the chorus of approaches to avoiding the dramatic benefit cut projected for the early- to mid-2030s. Here’s one such offering, this one from Connecticut Representative John Larson (CT-1), author of Social Security 2100 Act ((H.R. 4583). Rep. Larson outlines the solvency issue and the main portions of his bill in an interview with FOX61.com “The Real Story” series. Click here to view the segment.