Lawmakers from both sides of the aisle have proposed solutions to the potential shortfall. The Fair Share Act, introduced by Democrats Senator Sheldon Whitehouse of Rhode Island and Representative Brendan Boyle of Pennsylvania, would strengthen Social Security and Medicare by requiring people earning over $400,000 to pay payroll taxes on all income above that level. Supporters say it could fund the program for 75 years, though high earners oppose it.
A bipartisan proposal from Republican Senator Bill Cassidy of Louisiana and Democratic Senator Tim Kaine of Virginia would create a new investment fund, allowing Social Security to invest in stocks and other assets, starting with a $1.5 trillion Treasury-backed boost.
These people in the bolded paragraph can be [redacted] .
A bipartisan proposal from Republican Senator Bill Cassidy of Louisiana and Democratic Senator Tim Kaine of Virginia would create a new investment fund, allowing Social Security to invest in stocks and other assets, starting with a $1.5 trillion Treasury-backed boost.
These people in the bolded paragraph can be [redacted] .
“Lets tie more things to how the stock market is doing” is a crazy take for a fund that’s supposed to be stable.