Senate Group Working on Social Security Fixes

Senators are considering raising the retirement age to 70 and are looking at a $1.5 trillion investment fund to overhaul Social Security and stop funds running out by 2032

 
  • A group of bipartisan senators is quietly meeting to retool Social Security before funds run out in 2032 
  • On the table, according to Semafor, is gradually raising the retirement age to 70 and creating a $1.5 trillion sovereign wealth fund, which would invest in stocks 
  • Leading the efforts are Sens. Bill Cassidy, a Louisiana Republican, and Angus King, a Maine independent who caucuses with the Democrats 
(Editors Note: The We the People Convention strongly supports common sense business discussions about how to change Social Security to accomodate for our longer life spans and shrinking tax paying workforce. Anyone, like Joe Biden, who tries to politicize this critical issue for political gain by saying one side or the other "wants to cut" your Social Security is nothing but a FEAR MONGER and any senior who fall for such destructive retoric is a fool. The FACTS ARE that if we don't FIX Social Security NOW millions of seniors will see drastic cuts in 2033 when the system runs short of funds! Doing Nothing is a CUT! Fixing it is NOT A CUT!)


By Nikki Schwab, The Daily Mail.com, March 1, 2023

A group of bipartisan senators is quietly meeting to retool Social Security before funds run out in 2032. 

On the table, according to Semafor, is gradually raising the retirement age to 70 and creating a $1.5 trillion sovereign wealth fund, which would invest in stocks. 

That fund would be separate from the already existing Social Security Trust Fund. If it underperformed, Social Security would be shored up by increasing the maximum taxable income and payroll taxes. 

Leading the efforts are Sens. Bill Cassidy, a Louisiana Republican, and Angus King, a Maine independent who caucuses with the Democrats

Semafor and The Hill newspaper reported that other Republicans involved are Sens. John Cornyn, Mitt Romney and Mike Rounds.
 

READ MORE OF THIS ARTICLE AT THE DAILY MAIL.COM


 
Senate Social Security Talks by Tom Zawistowski is licensed under

New Podcast Posted Every Week!

Watch ANY ARCHIVE of the We the People Convention Podcast by clicking on "PLAYLIST".

Recent News

Chevron to Greatly Expand Oil Production thanks to Trump Policies
Chevron to Greatly Expand Oil Production thanks to Trump Policies

New Production of 75,000 Barrels of Oil Per Day to be online by 2026!

READ MORE

Fake 50501 Leftists Protests were a BUST!
Fake 50501 Leftists Protests were a BUST!

More Proof that Cutting Off Tax Dollars to Radical Leftist Groups is Killing their Propaganda Efforts

READ MORE

SCOTUS to Hear Birthright Citizenship Arguments in May
SCOTUS to Hear Birthright Citizenship Arguments in May

This is a case ALL American's should be watching!

READ MORE

Latest Video

Trump Cabinet Meeting 4/10/25
Trump Cabinet Meeting 4/10/25

Trump Cabinet Meeting is all about Getting Things Done for America!

WATCH NOW

©2025, We the People Convention