Senators introduce bipartisan bill to save Social Security

coloradopolitics.com· · 17w
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A coloradopolitics.com article reports that a bipartisan group of senators has introduced the PROMISE Act, a bill that would not change benefits or funding but would create a fast-track process forcing Congress to debate and vote on legislation to keep Social Security solvent for at least 50 years. Per the trustees' report cited in the article, the retirement trust fund will be depleted by late 2032, with automatic cuts of roughly 22% absent congressional action.

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