National Taxpayers Union Calls Feenstra Legislation to Protect Solvency of Social Security a “No Brainer”
WASHINGTON, D.C. – Today, the National Taxpayers Union released its 14th annual “No Brainers” list of legislative reforms that benefit American taxpayers, which includes U.S. Rep. Randy Feenstra’s (R-Hull) Save Our Seniors Act. This legislation would help protect the long-term solvency of Social Security by requiring the nonpartisan Congressional Budget Office (CBO) to include the honest projection of its financial health in its annual ten-year economic outlook.
“Social Security is a solemn contract between the federal government and America’s seniors that must always be honored. When retirement rolls around, our seniors should feel confident that they will receive the benefits that they earned and deserve. However, thanks to decades of reckless government spending and bloated budgets, Social Security is barreling towards insolvency at a rapidly increasing pace,” said Rep. Feenstra. “That’s why I introduced the Save Our Seniors Act because lawmakers can no longer stick their heads in the sand and ignore the looming solvency crisis facing Social Security. Instead of wrongfully assuming Social Security will remain funded indefinitely, my bill will ensure that the nonpartisan Congressional Budget Office includes the honest projection of Social Security’s financial health in its annual ten-year outlook so that we can find solutions to keep Social Security solvent for generations to come. I thank the National Taxpayers Union for recognizing this important legislation as a ‘no brainer’ because that’s exactly what it is.”
“National Taxpayers Union applauds Rep. Feenstra for his work on the Save Our Seniors Act, which we selected for the 14th Annual ‘No Brainers’ List. This bill would finally include the fiscal health of Social Security in the ten-year economic outlook produced by the Congressional Budget Office,” said Nick Johns, Senior Policy and Government Affairs Manager at the National Taxpayers Union. “The solvency of Social Security should remain a top priority for lawmakers and this legislation will help ensure that remains the case.”
The full “No Brainers” list of legislative reforms supported by the National Taxpayers Union can be found HERE.
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