Congress Wants To Reform Social Security -- Here's How
Social Security is one of the most popular government programs, but there are some problems with it.
Many seniors still live in poverty or struggle to afford the necessities despite these benefits. The income Social Security provides has been losing buying power over the years, and the trust fund for the entitlement program could run out of money as soon as 2034, necessitating big benefit cuts.
In response to these serious issues, Rep. John Larson (D-Conn.) recently introduced the Social Security 2100 Act. The proposed legislation authored by the Ranking Member of the Ways & Means Subcommittee on Social Security would make a number of crucial changes to the retirement benefits program. Here's what they are.
Source Fool.com
