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Dear John,
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During a recent congressional hearing, Senator Tommy Tuberville (AL) railed against Social Security saying, “This is all a scam.” He went onto claim that, “We don’t have any of your money. We’re dead broke.”
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But he didn’t stop there … Senator Tuberville also tried to make the case for privatizing Social Security, which would benefit Wall Street brokers and subject your earned benefits to the volatility of the Stock Market.
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The truth is Social Security is not going bankrupt. Some politicians and opponents of Social Security just want you to believe it is. Saying that this program is a scam and that it’s in imminent danger of financial collapse is a scare tactic, pure and simple — and false justification to cut benefits and privatize this successful and popular government program.
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Please help us take this important message directly to your U.S. Senators by signing our EMERGENCY PETITION TO CONGRESS today. Let’s arm your Senators with the facts about Social Security — and tell them that seniors will not accept any cuts to our earned benefits!
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Senator Tuberville seems to be picking up the same talking points of former President Donald Trump who once called Social Security a “Ponzi scheme.” And his comments demonstrate just how out of touch some lawmakers are when it comes to the benefits that retirees like you have paid into and earned during a lifetime of hard work — and that you are counting on for a secure retirement.
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According to the latest Social Security Trustees Report, Social Security is able to pay full benefits through 2035, after which the program will still pay about 80% of benefits. To avert the projected 20% cut in benefits in 2035 and ensure the success of Social Security for years to come, there are reasonable, modest adjustments that can be made.
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That’s why the National Committee supports the immediate passage of the "Social Security 2100 Act" (H.R. 4583/S. 2280), a landmark bill that would provide an across-the-board benefit increase for all beneficiaries and strengthen Social Security’s solvency by making the wealthy pay their fair share into the program.
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Bottom line, radical changes, including privatization, are not necessary to “save” Social Security. Indeed, proposals to privatize Social Security would deeply undermine the program’s long-term health, and most Americans have flatly opposed this dangerous idea. However, Senator Tuberville and other lawmakers in Washington continue to push harmful changes to pay down deficits this program didn’t cause in the first place.
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So please sign our petition today and put your U.S. Senators on notice that seniors reject cuts and privatization schemes that will hurt Social Security and reduce seniors’ earned benefits!
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