The cost of Congressional inaction on Social Security
With all the rancor going on in Washington, D.C. these days, we have to wonder whether Congress will ever muster the intestinal fortitude to fix a problem which will affect over 62 million of their constituents – namely, Social Security’s financial issues. Though the problem has been well known for years and various solutions have been proposed by both sides, what’s missing is a serous bipartisan effort to solve the problem which, if left to fester, will end up costing trillions of dollars more when it can no longer be ignored. There’s plenty of blame to go around, as this Motley Fool article by Sean Williams points out.
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.
To read Sean Williams’ article on how Congressional inaction will cost trillions of dollars, click here.