POLITICSTHE HILL
Social Security’s insolvency is No. 1 issue, says Sen. Bill Cassidy
Sen. Bill Cassidy warns that Social Security is nearing insolvency and proposes reforms to address the issue, which he identifies as the top priority. He notes that insolvency could lead to a 22 to 25 percent reduction in benefits.
Related Signal
Adjacent reporting
- Social Security’s looming insolvency sparks alarm in Congress
- ‘Social Security is on a collision course toward insolvency,’ watchdog says. It hasn’t been this bad since 1983
- Social Security insolvency is ‘entirely solvable,’ says commissioner under Biden
- Social Security is on track to become insolvent by 2032, putting benefits at risk of a cut