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Dear John, |
Right now members of Congress are considering a number of priority bills for our country. And we don’t want them to forget about Social Security.
While there’s no immediate crisis, if Congress does nothing the Social Security Trust Fund will run short of money in 2035 — which is not that far away. That does not mean Social Security is ‘bankrupt’ if we don’t do anything, but benefits will be reduced by about 20%. And that would be devastating for millions of retirees who rely on Social Security for most or all of their income.
We can’t let that happen.
Last week, I participated in a wide-ranging interview with radio host T.J. Trout on KKOB, Albuquerque. And I laid out the case for preserving the program that keeps retirees, workers with disabilities and their families out of poverty. You can listen to my entire interview here.
The National Committee along with our million+ members and supporters like you are working to ensure that all members of the U.S. House and Senate remember that Social Security must be put on a sound financial footing for the future — without benefit cuts.
And there are proposals in Congress that we endorse and support that would extend Social Security’s solvency many decades beyond 2035. In order to do that, the Social Security payroll wage cap will have to be adjusted to require the wealthy to pay their fair share into the program.
With your continued support, we will wage and win this battle for the future of Social Security and all current and future beneficiaries.
Sincerely, |
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Max Richtman
President & CEO
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