Time to Rescue United States’ Trusts or TRUST, Act
The Social Security Old-Age and Survivors Insurance, Social Security Disability Insurance, Medicare Hospital Insurance and Highway Trust Fund are in trouble and if nothing changes, the programs’ trust funds are expected to be depleted in the next 13 years. A new bipartisan proposal called the Time to Rescue United States’ Trusts, or TRUST Act, led by Sen. Mitt Romney would create congressional committees to evaluate how to bolster solvency or make other changes to improve the programs. However, some Social Security advocacy groups worry that TRUST Act would lead to benefit cuts rather than increases. Read article here…
The Association of Mature American Citizens (AMAC) believes Social Security must be preserved and modernized. This can be achieved by making modest changes in cost of living adjustments and the retirement age, with no additional taxes on workers. AMAC advocates for a bipartisan compromise, “The Social Security Guarantee Act,” taking selected portions of bills introduced by former Rep. Johnson (R-TX) and current Rep. Larson (D-CT) and merging them with the Association’s own well researched ideas. AMAC is resolute in its mission that Social Security be preserved and modernized and has gotten the attention of lawmakers in DC, meeting with a great many congressional offices and their staffs over the past several years. Read AMAC’s plan here.