Social Security Reform: Back on the Table? - Roll Call
Social Security reform is, as many Americans know, something Congress must address soon to prevent an across-the-board cut in benefits for all recipients in slightly more than a decade. The latest forecast from the Congressional Budget Office is that Social Security’s Trust Fund will be fully depleted in 2033, requiring a benefit cut for everyone – unless Congress acts first to prevent that from happening. As most pundits also know, bipartisan cooperation in Congress is the only way Social Security reform will actually happen, and that certainly seems to be lacking in all past Congressional attempts at reform. However, with the 2022 mid-term elections on the horizon, this article by Peter Cohn appearing at capitol hill’s Roll Call publication postulates that the post-election political climate could very well lead to serious progress on reforming Social Security. Click here to read the Roll Call article about possible Social Security reform.
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 reviewAMAC’s Social Security Guarantee, click here.