329,000 Seniors Petition Congress: Repay the Social Security Trust Fund
WASHINGTON (PRWEB) May 01, 2018 -- 329,000 senior citizens have signed petitions demanding an immediate end to the practice of borrowing surplus Social Security funds for general spending--and calling on Congress to replace $2.7 trillion in Trust Fund IOUs with real cash assets.
The national petition drive, sponsored by The Seniors Center, is the core of a movement by senior citizens to preserve and protect the Social Security Trust Fund.
The Seniors Center President Dan Perrin has joined Social Security Trustees to call for Congressional intervention. “As Social Security approaches financial armageddon, the leaders of both parties are failing us. They’ve done nothing but point fingers."
“The Social Security Trust Fund is empty. Congress has drained every last dime. And that is just the beginning. Looming demographic issues will cause an even bigger crisis in the next 15 years. It’s time to worry about the future of not just today’s retirees but tomorrow’s as well,” Perrin said.
“Our members are fighting mad,” Perrin said. “They’ve made it clear that they expect action from Congress and the President to save Social Security.” Perrin explained that the campaign is being waged through online advertisements, direct mail, and personal contact.
“Our online community is amazing. Right from their homes, senior citizens are taking control of their futures. Emailing their friends… calling their Congressmen… and writing letters to the editor. One Facebook post alone was shared almost 68,000 times.”
The Seniors Center’s Petition to Congress calls for legislation that the group says will be the first step to protecting the future of Social Security:
• Permanently end the use of surplus FICA income for any purpose other than paying out Social Security benefits;
• Legally require the United States Treasury begin repaying all money borrowed from Social Security, retaining surplus funds solely for the payment of benefits.
To date, 329,710 seniors have added their names and support to the Trust Fund Emergency Petition to Congress.
The Seniors Center will continue to collect signatures via their electronic petition at The Seniors Center website and through traditional mail. Once received, each signature is being sent directly to Capitol Hill to demand Congress take these important first steps to creating a solvent and long-lasting Social Security Trust Fund.
Perrin and The Seniors Center call on all Americans--both current beneficiaries and those paying towards their Social Security benefits--to join their nationwide effort to protect Social Security and restore Social Security funds to their original purpose: paying the Social Security benefits of American retirees and beneficiaries.
Those interested in signing the Trust Fund Emergency Petition to Congress may find the petition at The Seniors Center website.
The Seniors Center is a program of Our Generation, a 501(c)(4) nonprofit organization.
Dan Perrin, The Seniors Center, http://theseniors.center, +1 2026254377, [email protected]
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