Protecting Social Security: Guaranteed Benefits, New Offices, and Fast-Track Funding
This law aims to guarantee that Social Security benefits will be paid in full, even if the trust funds run out of money. It mandates the opening of local Social Security offices in every county with over 150,000 residents, improving access to services. Crucially, it establishes an expedited legislative path for solvency solutions that must be funded by the "ultra-wealthy and corporations," without raising taxes on other citizens or cutting benefits.
Key points
Guaranteed full Social Security payments: If the trust funds become insolvent, necessary funds will be automatically appropriated monthly to ensure continuous benefit payments.
Improved local access: Requires a Social Security field office to operate in every county with a population exceeding 150,000 people.
Fast-track solvency plan: Congress must quickly pass a rescue bill that cannot cut benefits or raise taxes on most citizens; funding must come from the "ultra-wealthy and corporations."
Expired
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