One Social Security Reform With Bipartisan Backing That Spares Everyday Taxpayers
This move could make future Social Security changes a lot less painful for ordinary Americans.
Overview
When it comes to Social Security, Democrats and Republicans are on the same page about one thing: it needs fixing. The program's trust funds are now just six years from depletion, according to the latest Trustees' Report. After that, beneficiaries could see their checks slashed by 22% unless the government intervenes.
Figuring out a solution both parties can agree upon has proved more challenging. But there is one move that politicians on both sides of the aisle have shown some support for, and it could be a win for ordinary Americans, too.
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Details
Source
Originally published at www.fool.com.
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