- United States
- N.C.
- Letter
am writing to express my urgent concern regarding the financial stability of Social Security and Medicare. Ensuring these programs can meet their legal obligations to American retirees is a matter of fundamental government integrity and economic stability.
We must acknowledge the current budgetary reality. Our trust funds are under immense pressure, and recent policy shifts have accelerated the timeline toward insolvency. Specifically, mass deportation campaigns have created a significant negative impact on Social Security revenue. For years, the system benefited from undocumented workers who paid billions into the trust funds without ever drawing benefits. Removing these contributors removes a vital source of payroll tax revenue and speeds up the clock toward the day these funds can no longer pay full benefits.
We cannot afford to ignore this fiscal shock. To avoid a future scenario requiring drastic emergency benefit cuts or sudden increases to the retirement age, we need a proactive solution to restore the fund's balance. I urge you to support the Medicare and Social Security Fair Share Act (S. 1690 / H.R. 3271). This legislation provides a responsible path toward 75 year solvency by ensuring that those earning over $400,000 contribute at a rate consistent with the rest of the American workforce. This targeted measure stabilizes the system without placing any additional burden on middle class families.
Taking this step now prevents a catastrophic fiscal crisis later. I ask that you support S. 1690 to ensure we fulfill our contractual promise to the American people and maintain the solvency of these essential programs for future generations.
Thank you for your leadership and your consideration of this urgent matter.