Save Social Security and Expand It
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- Ronald Reagan
How can we love our country and not love our countrymen, and loving them, reach out a hand when they fall, heal them when they are sick, and provide opportunities to make them self-sufficient so they will be equal in fact and not just in theory?
”The Facts
- It is projected that by 2035, the trust funds will be depleted, and Social Security will then be able to pay only about 75 cents on the dollar.
- Demographics are not our friend, with more than 78 million Americans projected to be 65 or older by 2035, up from 56 million today.
- There are 13 million children who live in poverty in the United States. 50 percent of those children receive support from Social Security.
- In 2023, nearly 90 percent of workers aged 21 to 64 were protected by Social Security in the event of disability.
The Solutions
- Scrap the Cap. Eliminate Social Security's cap on taxable income, which would bring an additional $190 billion into Social Security every year.
- Raise the full retirement age.
- Reform the Social Security Disability program.
- Create the Every Kid Has A Chance program with the goal of reducing childhood poverty by 50 percent in the next 10 years and by 90 percent over the next 25 years.
A Bold Plan For America
The importance of an informed citizenship has never been higher than in today’s environment of misinformation. In this book, I’ve broken down America’s 14 biggest problems and provided nonpartisan, fact-based solutions on how we can solve them.
