What the Presidential Candidates Plan to Do About Social Security
The presidential election is about a month away. One issue on the minds of many voters is Social Security. According to the Washington Examiner, this “pivotal program for millions of retired and disabled citizens…is spiraling toward insolvency and the threat of delayed or reduced benefits for citizens.”
Both candidates, Vice President Kamala Harris and former President Donald Trump, claim to have plans to fix Social Security’s problems. The article examines how each candidate intends to solve the Social Security insolvency situation. It’s worth a read, especially if you are an undecided voter and Social Security reform is important to you.
The Seniors Trust believes the best solution is to enact The Social Security Expansion Act. This landmark piece of legislation will give retirees an immediate benefits increase of about $200 a month, a fair annual cost-of-living adjustment (COLA), increased minimum benefits, and — most importantly — it will ensure the long-term solvency of the Social Security program.
