[philman_36]

Let's go straight to the source instead of reading Yahoo...

Sam Johnson Unveils Plan to Permanently Save Social Security

Today, Ways and Means Social Security Subcommittee Chairman Sam Johnson (TX-03) introduced legislation that will permanently save Social Security, ensuring this vital program continues to work for today’s workers and beneficiaries and future generations.

My, my, my, what a difference a headline makes.

To learn more about Chairman Johnson’s Social Security Reform Act of 2016, CLICK HERE.

To read the full bill text, CLICK HERE. 

To read the Social Security Actuary letter, CLICK HERE. 

[9YearLurker]

Quite the euphemism he uses to "modernize" how benefits are calculated: Modernizing how benefits are calculated to increase benefits for lower income workers while slowing the growth of benefits for higher income workers...

[Steve_Seattle]

Thank you for the informative post linking to the source documents. I focused on the actuarial letter, which stated that the effect of the proposed changes would make social security fiscally sustainable within a 75-year window.

Since libs are big on "sustainability," they should endorse this bill, or one which achieves the same results.

This does not mean that the bill could not be tweaked in various ways to mitigate or eliminate features that some might oppose, but at least it is a serious move in the right direction. As individual cities are finding out, unfunded liabilities cannot be kicked down the road forever.