Friends,
“71% of Americans aged 70+ are concerned about Social Security drying up,” according to Simplywise’s most recent Retirement Confidence Index.
It’s not hard to understand why. The future of Social Security depends on President-elect Joe Biden’s ability to bolster the program. He made boosting Social Security benefits, particularly for low-income households, a major part of his policy platform on the campaign trail -- but the chances of that happening are now dwindling.
Joe Biden’s plan, which would involve raising taxes on corporations and individuals earning $400,000+ a year, was largely contingent on a Democratic majority in both the House and the Senate.
This will be incredibly difficult if Mitch McConnell remains Senate Majority Leader come January.
If Social Security runs out, millions of Americans will suffer -- especially Americans of color, who disproportionately rely on the program and often have no other steady and secure income in retirement
With all the excitement surrounding Biden’s win, our attention has strayed from the real and pressing threat Mitch McConnell and an unfriendly Senate pose to the future of Social Security. We need to speak up and speak out NOW -- and we can’t do it without you. If you agree that we MUST keep Social Security strong, please, lend your voice to ours now before it’s too late. Tell us now:
Do you support Social Security?
Thank you for speaking out,
