Social Security, Not Broke, Not Even Close

Social Security is funded through a dependable source:  Company payroll taxes and your payroll contributions.  The fund currently has $2.7 Trillion in it.  IT’S NOT CLOSE TO BEING A PROBLEM.  

The Republicans want you to think there is an issue.  BUT, THERE ISN’T.  They just want to give your money to the wealthy elite and deny benefits to millions of deserving people by raising the retirement age, instead of raising the income cap on who pays into Social Security. 

Raising the cap will ensure social security is solvent for years to come. 

It’s your money.  Trust the System.  Trust the Trust Fund.

Call your congressman to demand that they raise the income cap and Fund Social Security so Social Security will be there For You, For Your Kids, and for Your Grandchildren!! 

References:

1.    Social Security Administration, March 2025, Monthly Statistical Snapshot, March 2025 

2.    NW Labor Press,  Who's behind privatizing Social Security? Ideologues & moneybags, https://nwlaborpress.org/2005/3-18-05SocSec.html.

3.    Center for Budget & Policy Priorities, February 28, 2025, House Republican Budget’s $4.5 Trillion Tax Cut Doubles Down on Costly Failures of017 Tax Law.  https://www.cbpp.org/research/federal-budget/house-republican-budgets-45-trillion-tax-cut-doubles-down-on-costly  

4.    House.gov, January 2, 2025, Many Rich Americans Have Already Paid Their 2025 Social Security Taxes,   https://larson.house.gov/media-center/in-the-news/many-rich-americans-have-already-paid-their-2025-social-security-taxes