How to avoid a Social Security cut? Lawmakers are floating ideas for what to do
- Senators Dick Durbin and Bill Cassidy are working to prevent a projected 22% cut in Social Security benefits starting in 2032.
- Their proposal aims to extend Social Security's solvency for at least 50 years by establishing a process for Congress to take action.
- The measure would involve the bipartisan Social Security Advisory Board collecting public input and drafting legislation.
- Despite the lack of traction, there is growing pressure for action as the deadline approaches.
- AARP has expressed opposition to the bill, arguing it limits the types of amendments that can be offered.
With limited time left in their Senate careers, Democrats and Republicans are collaborating to address a significant issue facing Social Security beneficiaries. Senators Dick Durbin and Bill Cassidy are spearheading efforts to prevent a projected 22% cut in benefits that is set to take effect in 2032.
Their proposal does not dictate a specific solution but rather creates a framework for Congress to act. It calls for the Social Security Advisory Board to gather public input and draft legislation aimed at ensuring the program's retirement trust fund remains solvent for at least 50 years.
Despite the lack of momentum for the proposal, the urgency for legislative action is increasing as the deadline approaches. AARP has voiced its opposition, arguing that the bill fast-tracks changes to Social Security in a way that limits amendments and imposes procedural deadlines.
如何避免社会保障削减？立法者提出应对方案
在参议院任期所剩无几的情况下，民主党和共和党正在合作解决社会保障受益者面临的重大问题。参议员迪克·达宾和比尔·卡西迪正在领导努力，防止预计在2032年生效的福利削减22%。
他们的提案并未规定具体解决方案，而是创建了一个国会采取行动的框架。该提案要求社会保障顾问委员会收集公众意见并起草立法，旨在确保该项目的退休信托基金在至少50年内保持偿付能力。
尽管该提案缺乏动力，但随着最后期限的临近，立法行动的紧迫性正在增加。AARP对该法案表示反对，认为该法案以限制修正案和施加程序性截止日期的方式快速推进对社会保障的更改。