Americans Seem to Agree on One Thing – It’s Time to Fix Social Security
There are many issues on the minds of Americans this election season, but a recent survey shows most Americans are united on one in particular. Investopedia, citing the results of a Transamerica Institute survey, reports that almost two-thirds of Americans want the President and Congress to prioritize addressing the shortfalls in Social Security and Medicare.
It also found that older Americans are more likely than younger generations to rate Social Security as a top concern. The survey showed that 82 percent of the Silent Generation (those born between 1928 and 1945) and 81 percent of baby boomers (those born between 1946 and 1964) named the Social Security funding shortfall as a priority compared to 50 percent of millennials (those born between 1981 and 1996).
The Seniors Trust is committed to improving the financial well-being of America’s retirees through the passage of The Social Security Expansion Act. It will give retirees an immediate benefits increase of about $200 a month, a fair annual cost-of-living adjustment (COLA), increased minimum benefits, and will ensure the long-term solvency of the Social Security program.
