CASSIDY, DURBIN DELIVER JOINT SPEECH URGING SENATE TO TAKE ACTION BEFORE SOCIAL SECURITY BECOMES INSOLVENT

WASHINGTON, Aug. 5 -- Sen. Bill Cassidy issued the following press release:

U.S. Senators Bill Cassidy, M.D. (R-LA) and Dick Durbin (D-IL) delivered a joint speech on the U.S. Senate floor emphasizing the dire need for congressional action to address Social Security's looming insolvency. The Social Security trust fund is expected to become insolvent in 2032, resulting in an automatic reduction in benefits for millions of Americans. The Senators have introduced the bipartisan Protecting Retirement Opportunities and Maintaining Income Security for Everyone (PROMISE) Act, legislation that would establish a bipartisan process to address Social Security's looming insolvency. The legislation merely sets up a process for Congress to consider deba...