New Plan Proposed To Save Social Security
Source: Newsweek
Published Jul 09, 2025 at 10:36 AM EDT
A bipartisan pair of senators have floated a bold new solution to the insolvency crisis facing Social Security, which they say could save the program within a decade.
In a recent op-ed for The Washington Post, Republican Senator Bill Cassidy and Democratic Senator Tim Kaine announced a proposal to set up an alternative funding model for the safety net program, which would supplement the program's Trust Fund with a new diversified pool of investments.
Why It Matters
The potential depletion of the Social Security Trust Fund has long been an issue of concern on Capitol Hill. A recent report from Social Security Administration warned that the program "continue[s] to face significant financing issues," and estimated that the Old-Age and Survivors Insurance fund would only be able to cover "100 percent of total scheduled benefits until 2033."
Insolvency would not mean that the program stops altogether, though future payments would become entirely reliant on what is collected in payroll taxes each year. This could fail to cover the entirety of scheduled benefits and possibly could result in cuts or increased taxes being needed for the program.
Read more: https://www.newsweek.com/new-plan-proposed-save-social-security-2096601
Link to WaPo SUBMISSION - Our bipartisan plan could rescue Social Security
Newsweek's link to the WaPo article (archive version) - https://archive.ph/L2wTK#selection-287.0-287.48
= new reply since forum marked as read
Raise the cap!
Keep it simple Stupid!
powerful.
Do they even understand what Chump is doing to starve them? I doubt it.
I heard two of them talking about the $6000 from the dumbass "BBB." This is only $6000 people drawing Social Security don't have to pay tax on. One of them explained it and it doesn't amount to much. It's a big nothiing.
After explaining it, this person said "I'm a fan (of trump, she meant) and I'm unhappy about this." I said that's nothing, what concerns me is the trillions of dollars we're going into debt over, just from this budget.
The two hastened to assure me the trillions were nothing because he was gettiing it all back in tariffs.
I burst out laughing, right in their faces. I said we, the customers, pay those tariffs. These two Fox Noise watchers looked at me like a deer caught in the headlights. I picked up my phone and said let's just see what search engines say about who pays tariffs. I entered who pays tariffs and the results came up. Every entry except for one said the customer ends up paying the tariffs.
The one that didn't say this was Chicago Law (highly credible) that said it's a little of both. Not 100 per cent sure on that because I didn't read it all, so if you're curious search it.
So yeah, in their heads the trillions of dollars we're going into debt for is going to be paid by tariffs. LOLOLOL.
oh and p.s. One of them owns three Teslas, including a Cybertruck.
Thanks for this ... it confirms my thoughts, and I don't know many MAGAs personally.
If they only get their "facts" and "news" from Faux Noise, they're in for a world of hurt.
A big part of the reason for the shortfall in the trust fund is that income inequality rocketed upwards in the last few decades (ever since that evil old bastard raygun got the ball rolling in earnest). As a result, Social Security collected much less in contributions than planned, because more and more income was above the cap. Alex Lawson of Social Security Works is all over this.
Therefore, raising the cap is merely recapturing Social Security's fair share of income.
Geez, why don't these two want to address the underlying problem?
This country, I dunno...actually, I do. 
Bill Cassidy who gave us RFk jr. How about impeachment of RFK jr?
