Today we announced we’re throwing our support behind H.R.1218–the Social Security and Medicare Lock-Box Act.
Introduced by Congressman Tim Wahlberg (R-MI), the Lock-Box Act mandates payroll taxes be placed in a REAL trust account and protected until it’s needed to pay retirement benefits. Under H.R.1218, Congress would be prohibited from investing surplus Social Security funds in anything beyond U.S. securities without passing a law authorizing them to do so.
The Seniors Center has already collected over 132,000 signatures from supporters declaring support for this critical legislation!
To learn more, click below and read our latest press release.