How Can Cuts to Social Security Be Avoided? Two Legislators Propose Solutions
· Telemundo McAllen (KTLM)
With just a few months left in their Senate terms, Democrat Dick Durbin and Republican Bill Cassidy have embarked on a mission to prevent tens of millions of Social Security beneficiaries from facing a 22% cut in their benefits starting in six years. This is one of the most politically risky efforts a member of Congress can undertake, making it notable that it is led by two legislators who have little to lose at this stage in their careers. 'We've been at this for six years, eight years; it's incredible how long I've been involved,' Cassidy stated. 'But Durbin approached me and said, ‘Bill, I’ll be leaving the Senate soon. We have to try.’ This idea of protecting Social Security is one of the few that has been formally presented in this Congress. None have gained much traction, but it is a start for a problem that the Congress elected this fall, as well as the next president, will likely face. The pressure to act will surely increase as 2032 approaches.
AI summary · Source: Telemundo McAllen (KTLM) →
