AARP is urging Congress to reject a proposal that would create a fast-track process for developing and considering legislation aimed at strengthening Social Security’s long-term finances.
The Protecting Retirement Opportunities and Maintaining Income Security for Everyone — PROMISE — Act, introduced July 14 by Sens. Dick Durbin, D-Ill., Bill Cassidy, R-La., and six other senators, would direct the Social Security Advisory Board to draft legislation designed to keep trust funds solvent for at least 50 years.
While AARP agrees Congress must address Social Security’s finances, the organization argues lawmakers should do so through the traditional legislative process.
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