The solution needs no new taxes or debt and would stimulate the economy -
president Dan Weber said all members of the House and Senate will receive a
letter from the senior group next week requesting their feedback on a
comprehensive proposal that would guarantee the solvency of Social Security for
future generations. “We’ve conducted polls among our 320,000 members and
they are overwhelmingly in favor of reform now. Our intention is to poll
Congress to see if our representatives in
Weber said that AMAC has already been in touch with a limited number of Senators and Representatives and that they all reacted favorably to this initiative.
In its letter, AMAC outlines elements of previously proposed strategic approaches to reform, asking lawmakers how likely and how soon a bipartisan legislative solution might be achieved. The association says that the fix should include protection for those individuals currently receiving benefits, fair and balanced age setbacks for future recipients, guaranteed modest, minimum, yearly cost of living increases and a provision for a new personal Social Security IRA.
“The American public sees a lack of meaningful legislation at a time of great distress in our economy while the mounting budget deficit and increasing National Debt threaten our financial well-being. Our Association, AMAC, with over 320,000 dues paying members continues to grow with our members demanding we take action on these problems,” Weber writes in his letter.
He told reporters that Social Security reform is a good place to start “because solving this problem is a no-brainer that needs no new taxes, does not add to our debt and has the potential to be an economic catalyst.”
Read entire AMAC proposal here: http://amac.us/social-security