CAN BIDEN AND CONGRESS HELP SOCIAL SECURITY

February 5, 2023 - Douglas Myser

CAN BIDEN AND CONGRESS HELP SOCIAL SECURITY

Can Biden and Congress help Social Security. Everyone knows that the Social Security Trust fund has problems. That is due to the fact that Congress has raided the fund for paying other programs that the government needs. The problem is that that money was earned by the American worker, and put in a fund in "Trust" so that it would be there for their retirement. Many have changed the debate over Social Security by calling it an "Entitlement Program". It has never been an "Entitlement Program". It has always been earned by those who paid into it and therefore the government has an ethical obligation to make sure that it is solvent for those who did pay into it, and for future generations paying into it now. Anything less is worse than a slap in the face to Americans, it borders on outright theft by the Congress and President's who would be involved in the theft. Can Biden and Congress help Social Security.

Over 65 million Americans aged 62 and over are receiving a Social Security check every month. For most, this payment is needed to pay necessary living expenses. President Biden believes he has a solution, the real question is, now that the House of Representatives is in the hands of Republicans, can it pass ? There is no issue that stirs more people to the polls than Social Security. That's because it is a lifeline for those people who need it to survive and generally because older people tend to vote more than younger people. The latest Social Security Trustee Report showed the biggest deficit yet for the Trust Fund. Many of those on Social Security have other bills to pay, including tax bills.

IRS FRESH START PROGRAM

For those on Social Security, if you have a tax debt or Unfiled Tax Returns, and want to explore Tax Relief options, including the IRS Fresh Start Program, call our Tax Resolution Company today.