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Social Security dilemma: Fix it or suffer benefit cuts
This Newsmax Finance article by Trevor Gerszt offers a bit of historical information about Social Security, leading up to why the program is now facing financial difficulties which could mean benefit cuts in 2035. Thus exists a Congressional dllemma of whether to fix it now and suffer the political consequences, or continue to kick the can down the road to avoid them. Reality is that the changes needed to fix Social Security are well known, but what’s missing is the political will to make the hard choice now, as the article points out. Click here to read the Newsmax article on whether fixing the problem or cutting benefits is more likely.
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.