Feenstra introduces bill to protect long-term solvency of Social Security
March 18th, 2024 by Ric Hanson
SIOUX CITY (KTIV) -Republican Congressman Randy Feenstra of Iowa has introduced a bill looking to protect long term solvency of social security. The “Save Our Seniors Act” would require the Congressional Budget Office to include the honest projection of Social Security’s financial health in its 10-year economic outlook. Feenstra said this is to ensure the funds are made available for seniors.
“We have to protect and preserve our social security system. And thoroughly, the federal government sees that there’s an endless supply of dollars, this isn’t true,” Feenstra said. “That’s what my bill addresses is that the Congressional Budget Office have to understand that with eight in eight years, we’re going to run out of money for Social Security.”
Feenstra said spending is out of control and he wants to make smart economic decisions.