U.S. Lawmakers Discuss Social Security, Have No Plan To Prevent Insolvency

By Thérèse Boudreaux | The Center Square(Worthy News) – One day after federal trustees warned Congress that Social Security’s retirement trust fund will go insolvent by 2032, a U.S. House subcommittee met to question Social Security Commissioner Frank Bisignano about the program’s future.The program’s insolvency will automatically trigger a benefit cut of 22% or more, impacting more than 60 million American retirees, 43% of whom rely on Social Security for the majority of their income.Yet