Amid ongoing efforts to provide financial relief, the Social Security Expansion Act has emerged as a beacon of hope for senior citizens, offering the potential for a $2000 monthly stimulus check. This legislation aims to bolster financial assistance for individuals already receiving Social Security benefits and those reaching the age of 62 in 2023. As […]
Americans need thoughtful proposals for Social Security reform. Absent changes to the program, Social Security will be insolvent in a decade and benefits will be cut by 23 percent for all Social Security recipients. With $20.4 trillion in unfunded obligations the equivalent of $157,000 per household maintaining the program without structural changes would be incredibly costly.