Sen. Cassidy plans to push 'big idea' for Social Security reform in last days in office

[Beachnutt]

cnbc
Republican Sen. Bill Cassidy of Louisiana plans to make Social Security reform a priority in his last months in office, he tells CNBC.com.
Cassidy, who lost a May primary for reelection, said he will continue to push for his “big idea” fix to help fund Social Security’s shortfall by creating a separate fund that would invest in stocks on the program’s behalf.
Social Security’s trustees now project the trust fund that helps pay retirement benefits may run out in late 2032, when 78% of those benefits would be payable.
“The longer you wait, the harder it is to fix, the more painful to fix,” Cassidy said. “We need to do something now.”
https://www.cnbc.com/2026/06/23/social-security-reform-cassidy.html

He wants to invest your money into the stock market.
No...
How about making the billionaires and trillionaire pay their fair share instead Mr Cassidy ?

[johnnyfins]

1. Yeah, let's tie it to the very thing that caused

The Great Depression. Isn't that why we have Social Security now? So millions of older folks can live in dignity when PIGS crash the economy?

[rampartd]

2. they have had their eyes on this money for a long time.

if the damn money makes no interest at all, at least trump inc ain't stealing it.

ipos with mandatory index fund buy ins

space x
anthropic
open ai

3 new trillionaires and every else's retirement fund bleeding cash

and don't forget the crypto.

[GoCubsGo]

16. They're recycling what they tried to do in the Bush years.

Same shit, different assholes. Fortunately, the Dems were able to push back, as they will again with this garbage.

[rampartd]

17. this is all enron territory

trump has managed to capture the regulators.

[Traildogbob]

3. Who can not

Forget the 2008 housing crash that cratered all the 401k’s. Those retirees and retirees to be DID NOT get that back. But we sure as hell baled out the corporations.
That is what will happen to our trust fund.💥🔥💰💰. When it is gone, instantly millions of people that worked their lives and paid taxes, will be totally broke. And that 2.5+ trillion trust fund will find its way to the Musk’s of the world. And the way the markets are being fucked with right now with these thieve are not to help working people hoping to retire someday. The Cassidy’s of the country are not at all
Concerned about retirement and health care, paid from tax revenue.
Will Cassidy give up his retirement and Health care tax payers fund? I know, a fucking stupid question.
“The longer we wait to end GQP forever, the more painful the fix”.
Go ahead Billy, fuck us over, while you grab your cut of the fund, we will have some pain to bring you.
We may as well give it to Trump to invest in a trump casino. Damn I hate these greedy muther Fuckers.
No let me correct that, they actually fuck the baby girls of mothers.

[Figarosmom]

4. Well, if they use the same insider trading methods

That made themselves and trump rich.....

[rickyhall]

5. More reason to fight the Class War they started.

[surfered]

6. I understand the concept, but the market crashes at times. It eventually recovers, but...

…what if it crashed right at retirement. What does the retiree live on until it recovers.

By its name, Social Security offers security, which is not guaranteed by the whims of the stock market.

[slightlv]

8. That's an insurance program he's threatening...

Why doesn't he grab all of the money we've pumped into Farmers, All State, State Farm, etc? Oh... but that would *hurt* those corporations! Better to just grab the money at the source - 80 year old retirees. Problem is, cat food has gotten so expensive, we couldn't even afford to live on it now!

[Biophilic]

7. No, no, f'ing NO!

I will not give those bastards another cent of my money. At least not willingly. Money hungry bastards. I seem to have some strong feelings about this…

[Ray Bruns]

9. Fuck Bill Cassidy.

[flamingdem]

10. He's going to be a lobbyist

No question

[the nelm]

11. Apparently, he never heard the principal of "what goes up, also comes down". n/t

[Give Peace A Chance]

12. THAT is the STO-O-O-O-O-OPID idea I have ever heard of.

No wonder he lost his primary.

[yellow dahlia]

13. The Republican solution - privatize.

Cut the crap - raise the cap.

[Grokenstein]

14. Let's all go to the casino!

I got a sure-fire system!

(sings to the tune of "Let's All Go to the Lobby" )
Let's all go to the casino, let's all go to the casino!
Let's all go to the casino, and bet it all on red!

[GoCubsGo]

15. I'm calling bullshit on the fund running out of money.

These asshole Republicans have been wanting to get their grubby hands on the Social Security trust funds for as long as it has existed. And, this whole investing it in the stock market is nothing new, either. They tried that shit under Dumbya, as well. They used the "running out of money" as an excuse back then, too. It's all the more reason we need to vote these fuckers out in November. Once and for all, the Dems need to remove the payroll cap on both SS and Medicare.