Viewpoints on the Future of Social Security - nationalmemo.com
The recent introduction of the “Time to Rescue United States’ Trusts (TRUST) Act” (see this post from earlier this week) has brought a wave of commentary regarding Social Security, focusing on both its future and its solvency. For example, yesterday’s post here presented viewpoints on concerns about the process outlined in the TRUST Act for crafting a “rescue” plan for the program. Today, we’re sharing a piece by Nancy Altman and Eric Kingson essentially in defense of not only preserving Social Security but building on its legacy to make it better for generations to come.
Ms. Altman and Mr. Kingston offer viewpoints on Social Security as an “earned right,” defending this right against critics who challenge the benefits as “government handouts.” Their article cites supportive input from all sides for expansion of the program, and calls for proponents to continue moving forward with a “vision backed by values that we all share.” The closing paragraph in the post helps set the stage for what could likely be the framework for Social Security reform in the months and years ahead: “Although couched largely in terms of economics, the debate over the future of Social Security is most fundamentally a debate about the role of government, about all of us working together, and about the societal values the nation seeks to achieve through Social Security for today’s and tomorrow’s generations.”
As the TRUST Act evolves, there will likely be many more viewpoints hitting the media channels, so stay tuned to this site for updates. In the meantime, know that the Association of Mature American Citizens (AMAC) has been deeply engaged in the fight to address Social Security’s long-term solvency problem. Indeed, the opening paragraph of AMAC’s Social Security Guarantee, a proposed framework for legislative action, affirms this commitment: “The promise to guarantee Social Security for all Americans must be kept. AMAC has examined the many proposed solutions presented in the Intermediate Assumptions portion of recent Trustees Reports and selected the alternatives we feel are best suited to save Social Security’s retirement trust fund. We have combined these selected assumptions with several other recommendations to achieve what is the best path to long-term trust fund solvency without raising taxes.” Learn more about AMAC’s position on Social Security here…
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