Jul 22
Senator Cassidy calls for floor vote on PROMISE Act to secure Social Security
Cassidy spoke on the Senate floor to advocate for a bipartisan process to address the long-term funding of Social Security. The PROMISE Act creates a fast-track mechanism to ensure the program remains solvent for at least 50 years. It tasks the Social Security Advisory Board with developing a comprehensive plan. Supporters argue the bill is necessary to prevent automatic benefit cuts currently projected to occur by 2032. The act requires a transparent congressional debate and vote. This aims to require action on a legislative mechanism to address the program's funding shortfall. Senator Cassidy urges Senate to pass PROMISE ActBipartisan group of senators introduced the PROMISE ActBipartisan group of senators introduced legislation to address Social Security's funding shortfall
