WASHINGTON, July 9 -- Sen. Chuck Grassley issued the following news release:
Prepared Opening Statement by Senator Chuck Grassley of Iowa
Chairman, Senate Finance Subcommittee on Social Security, Pensions and Family Policy
The Future of Social Security
Wednesday, June 24, 2026
Social Security is part of the social fabric of America. Unfortunately, its trust fund for retirement and survivor benefits will be exhausted in six years. Come 2032, seniors could see their benefits cut by as much as 22%.
To ensure this cut never happens, the entire nation needs to have an honest discussion about Social Security. This will require the President, members of Congress, political candidates and leaders of senior advocacy organizations to come clean...