Making changes to the program — and potentially cutting benefits — has long been politically unpopular, and lawmakers have repeatedly kicked Social Security and Medicare’s troubling math to the next generation.
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Bipartisan group of senators introduces legislation to avert looming Social Security shortfall
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Bipartisan Senators Unveil Proposal to Force Congressional Action on Social Security
Making changes to the program — and potentially cutting benefits — has long been politically unpopular, and lawmakers have repeatedly kicked Social Security and Medicare’s troubling math to the next generation.
WASHINGTON (AP) — With Social Security’s looming insolvency date roughly six years away, a bipartisan group of lawmakers is announcing plans to introduce a proposal to grapple with one of the most consequential financial challenges facing the federal government.
WASHINGTON -- With Social Security's looming insolvency date roughly six years away, a bipartisan group of lawmakers introduced a proposal Tuesday to grapple with one of the most consequential financial challenges facing the federal government.
A bipartisan group of senators introduced legislation Tuesday aimed at forcing Congress to confront Social Security’s looming funding shortfall before automatic benefit cuts take effect. The proposal comes as the latest report from Social Security trustees warns that the program’s retirement trust f…
WASHINGTON – U.S. Senate Democratic Whip Dick Durbin (D-IL) and U.S. Senators Bill Cassidy, M.D. (R-LA), Tim Kaine (D-VA), Thom Tillis (R-NC), Angus King (I-ME), John Cornyn (R-TX), Chris Coons (D-DE), and Alan Armstrong (R-OK) today introduced a bipartisan proposal to initiate Congressional action …
(The Center Square) – A bipartisan group of senators introduced legislation that would fast-track a floor vote on Social Security's looming insolvency, using an independent board to draft a starting plan Congress could no longer easily ignore.
The bipartisan PROMISE Act forces a floor vote on Social Security reform before the trust fund's 2032 depletion triggers a 22% cut to Americans' benefits.
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