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August 26, 2026
Durbin and Cassidy Seek to Prevent 22% Social Security Cuts with New Plan
- Senators Dick Durbin and Bill Cassidy propose a plan to prevent a projected 22% cut in Social Security benefits starting in 2032.
- The proposal would create a process for public input and draft legislation to ensure program solvency for at least 50 years.
- AARP opposes the plan, arguing it limits amendments and fast-tracks changes to Social Security.
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2 Sources
- Lawmakers are floating options to avoid a Social Security cut in six yearsAug 26, 2026 at 11:00 AM · AP
- How to avoid a Social Security cut? Lawmakers race to save retirement benefitsAug 26, 2026 at 1:16 PM · Independent