Calls for Changes to Social Security Program as Concerns Rise
SPARTANBURG — Millions of older Americans depend on Social Security benefits to manage their living expenses. U.S. Rep. William Timmons, who represents South Carolina’s 4th District, is advocating for changes to ensure the longevity of the federal retirement program.
During a meeting on August 27, Timmons expressed his view, which contrasts with the positions held by both major political parties. He noted that both former President Donald Trump and current Vice President Kamala Harris have stated they will not alter Social Security. Timmons commented, “Anyone who claims they will not touch Social Security is being dishonest. By ignoring it, you are affecting it.”
Recent forecasts indicate troubling times for the program. Federal officials have warned that Social Security’s trust funds, which support retirees and disabled individuals, could run out of money by 2035, meaning that beneficiaries would only receive about 83% of their expected payments.
Trump, who backed Timmons during a challenging primary battle, reaffirmed his stance to maintain current Social Security benefits. Meanwhile, President Joe Biden has consistently shown strong support for the program, with Harris promising to "protect and expand" it.
To address the impending crisis, House Republicans from the Republican Study Committee proposed a plan earlier this year that includes raising the retirement age for future retirees. This change is meant to reflect increasing life expectancies.
With over 170 Republican members, the committee has received backing from Timmons and all of South Carolina’s Republican representatives, with the exception of Nancy Mace.
While discussing the future of Social Security, Timmons acknowledged the severity of the situation and emphasized the need for timely action. “We face a significant issue. The sooner we address it, the better. If we do nothing, it will be disastrous,” he warned.
He also highlighted the challenges younger Americans will face, suggesting they may not receive the same benefits as today’s older retirees. “A 40-year-old American will not enjoy the same Social Security benefits as someone in their 60s or 70s. It’s not feasible mathematically,” Timmons said.
To remedy the situation, he proposed revising benefits, adjusting the retirement age, and modifying contributions. Acknowledging the sensitivity of the issue, he noted that finding solutions would require difficult discussions and compromise.
“Solving these problems won’t be easy and may involve parts that some disagree with,” Timmons stated. “But we need open and responsible discussions to tackle the challenges affecting the American people. This won’t be resolved along party lines.”
