Sen. Cassidy and Rep. Larson on Future of Social Security
Sen. Bill Cassidy (R-LA) and Rep. John Larson (D-CT) discussed the future of Social Security at the American Association of Retired Persons'… read more
Sen. Bill Cassidy (R-LA) and Rep. John Larson (D-CT) discussed the future of Social Security at the American Association of Retired Persons' (AARP) headquarters in Washington, D.C. Sen. Cassidy and Rep. Larson, the respective ranking members of the Senate Health, Education, Labor and Pensions Committee and House Ways and Means Subcommittee on Social Security, discussed their plans for improving the program’s solvency. Also, AARP volunteers discussed their experiences in using Social Security with the moderator, PBS NewsHour’s Lisa Desjardins. It is generally estimated that Social Security is the most significant source of income for 40% of households over the age of 65, and, if lawmakers do not address the program’s financial challenges, Social Security could be cut by 20% by 2034. close
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