Social Security and the Idiot in power. He stated that he will not privatize part of SS. If must be because it cuts into his "give away" funds. I cannot believe anybody would vote for this idiot. No offense to current idiots. I wrote this to my Senator who I am actually proud of. I understand you are heading up changes for Social Security. I am still not understanding why they stop taking Social Security out of your paychecks at the contribution cap. You would think this would be an easy fix to bring additional funds into the program. I would think this would also be any easy sell to Democrats or Republicans. Everybody loves to tax the rich more and I believe this is the worthiest of causes. Any comments on this? fyi I am an independent, but conservatist that will be 61 this year. Senator Cassidy's response: Thank you for your recent letter regarding my plan to fix Social Security. This is an important topic. I appreciate you taking the time to share your thoughts. I agree that Social Security is an incredibly important program, and I am working to save it. The latest annual reports by the Trustees of the Social Security Trust Fund project that the Fund is on track to be depleted by 2033. Under current law, there is an automatic 24% cut in benefits once Social Security goes insolvent, doubling poverty for the elderly. We cannot allow this to happen. If we wish to preserve Social Security for those who have paid into it their whole lives, we must save, strengthen, and secure the underlying fundamentals of the program. That’s why I and a bipartisan group of senators have come up with a “Big Idea.” Our idea is to create a new fund, separate from the Social Security Trust Fund, which invests $1.5 trillion into safe and diversified assets proven to grow over the long-term. We can enable Social Security to grow into solvency and even increase benefits with time. Our plan does not reduce existing benefits and will not raise the retirement age to 70, despite misleading reporting. I urge President Biden to engage with our bipartisan “Big Idea.” In the meantime, I will continue to work with my colleagues in Congress to do what is right for seniors, future generations, and our country. I will continue to represent the views of my state and do so through hearing from constituents like you. Please continue to reach out, either by phone or by email, when you have another question or concern. You can reach my office in Washington DC at 202-224-5824 or submit an email at https://lnkd.in/gwxmGrgM. This affects everybody!!! Well, except politicians.
