Congress has undertaken the monumental task of preserving the Social Security system for current beneficiaries and future generations. Many Americans depend on Social Security, and we must not waste more time to prevent the program’s insolvency.

The Social Security program provides benefits to millions of senior citizens and the disabled, and the solutions to preserving it are increasingly difficult as more time is wasted. As life expectancy rises, available Social Security reserve funds will be depleted more quickly. Congress must act quickly to protect Social Security and implement needed reforms to make it permanently solvent.

Current policy has made the program unsustainable. We must examine a wide array of proposals to strengthen Social Security and continue to seek methods of improving the Social Security system for those who are now on it and those who will depend on it in the future.