The Supreme Court has ruled that your Social Security benefits Are NOT guaranteed by law! And Congress has spent our benefits on pork barrel programs instead of keeping our Trust Fund reserves safe.
This is a BETRAYAL of the promises made to Seniors and Retirees!
We urge the 115th Congress to re-introduce and support . When passed, Seniors and Retirees will have a LEGAL GUARANTEE to our Social Security and a legal right to our earned and promised benefits.
The 115th Congress will soon be forced to make historic decisions about Social Security’s solvency. And, I believe they will BETRAY Senior Americans (AGAIN) by hiding behind a Supreme Court decision that lets Congress use our earned and promised benefits for Pork Barrel spending instead of for paying our benefits!
Social Security isn’t WELFARE, nor should it be used for WASTEFUL PORK BARREL SPENDING. These are the earned benefits that Congress has promised to pay us back during our retirement years.
The truth is, you’ve earned your benefits through a lifetime of hard work and from paying special taxes all of your working years!
For Congress to use our Trust Fund reserves for anything other than paying our Social Security benefits is UNFAIR and a BETRAYAL of the promise they made to us to keep our money safe.
Social Security Benefits Are NOT to be used for Pork Barrel Projects or ‘extra’ spending. YOU NEED TO KNOW THIS: Congress took and spent almost $50 Billion from our Social Security Trust Fund in 2016! That’s your benefits and mine, GONE! And we will likely NEVER get that money back. Instead of holding our benefits in Trust, for all of us, Congress RAIDED Social Security and used the money to pay for their own pet projects.
Some say that if Congress hadn’t taken that $50 Billion out of the Trust Fund, there would have been more money to pay out to EACH Social Security beneficiary — approximately $833 (on average) just for 2016.
Instead, in January we were given a miserable 0.3% Cost-of-Living Adjustment which equated to just $36 (on average) for the year — paid out at $3 per month to each beneficiary over 12 months.
THIS IS A MASSIVE BETRAYAL OF SENIORS BY CONGRESS!
Most Seniors don’t know the Supreme Court has ruled that our Social Security reserves are legally EXACTLY THE SAME as any other federal spending … No different than any pork barrel spending or Welfare, that’s how Congress LEGALLY BETRAYS our trust and gets away with it!
And here we are today with the Trust Fund now owed nearly $3 Trillion and Congress raiding more money each year — the pressure to cut our benefits will dramatically increase.
As the cash in the Trust Fund draws down, Congress will have these options when it needs to pay our full benefits:
** Raise Taxes
** Cut Benefits Across the Board for Everyone
** Completely Eliminate ALL COLAs
** All Three — and Maybe Even Deeper Cuts!
It’s time to fight these threats and protect Seniors and Retirees with the Social Security Guarantee Act which has been introduced in the past, but MUST BE re-introduced in the 115th Congress.
This guarantee would not be a simple verbal pledge or political promise, but a legally binding guarantee.
As an eligible beneficiary, you would be issued an Official Certificate to certify that your Social Security benefits are 100% guaranteed by law. The Social Security Guarantee Act also GUARANTEES your COLA, so your benefits would increase normally each year! The Social Security Guarantee Bill is the best way to fight the increasing risks of Social Security reform.
Social Security shouldn’t be treated like PORK BARREL SPENDING. Our benefits must be held safe and be GUARANTEED!
The “Social Security Guarantee Bill has been introduced in the past, but this Bill needs to be pushed to the forefront again!
