Social Security Reform Set For Debate In New Congress

The video discusses the perspectives of retirees on Social Security, highlighting their reliance on the program and concerns about potential cuts. It explores the impact of Social Security on the national debt and the need for reform, given the program's projected insolvency by 2035. Proposed reforms include raising the retirement age and increasing taxes on wealthier Americans. Retirees express concerns for future generations and offer advice on savings, while expressing skepticism about Congress's ability to address these issues.

What is the main topic discussed by the retirees in the first section?

• Their travel experiences

• Their health issues

• Their opinions on Social Security

• Their favorite hobbies

Why is Social Security a topic of concern in Washington according to the second section?

• Due to its impact on the national debt

• Because of its popularity among retirees

• As it is a new program

• Because it is easy to reform

What is one of the reasons for the potential insolvency of Social Security by 2035?

• More children being born

• Decreased life expectancy

• Higher employment rates

• Increased number of retirees

What is one of the proposed reforms to Social Security mentioned in the third section?

• Eliminating the program entirely

• Increasing taxes on wealthier Americans

• Lowering the retirement age

• Reducing benefits for all

What advice is given by one of the retirees regarding financial security?

• Rely solely on Social Security

• Invest in real estate

• Start a new business

• Save money instead of spending on luxuries