Leave your feedback Share Copy URL https://gographicsoutput.com/video/WCyTaMI2CBp.html Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Durbin Unveils Bipartisan Social Security Plan | Warns Benefits Could Be Cut by 2032 | PROMISE ACT [a4ZNaBdCOKy] Health Updated on August 07, 2026 EDT — Published on August 07, 2026 EDT DES Senator Dick Durbin has introduced the bipartisan Promise Act, a proposal designed to begin congressional action to strengthen Social Security before projected funding shortfalls reduce benefits. Speaking on the Senate floor, Durbin warned that according to the latest Social Security Trustees Report, the programme may only be able to pay around 78% of scheduled benefits by 2032 if Congress fails to act. He argued that lawmakers should repeat the bipartisan approach taken in 1983 by creating a process to debate and vote on reforms capable of keeping Social Security solvent for at least another 50 years. The proposal does not prescribe specific benefit changes. Instead, it establishes a bipartisan framework allowing Congress to consider competing plans through hearings, amendments and votes. This video contains Senator Dick Durbin's remarks and explains the proposed Promise Act. #socialsecurity #dickdurbin #senate #promiseact #retirement #congress #uspolitics #economy #news #usa #benefits #breakingnews Subscribe to The Financial Express: Welcome to The Financial Express, your trusted source for world affairs, geopolitics, business news, global economy updates, and market insights. Connect with us: 📌 On this channel, we cover: Global news & geopolitics that impact world International markets, trade, and policies Finance news & global economy trends Business analysis on global companies & economies From breaking updates on the US, China, Europe, India, and beyond to deep dives into global markets, trade wars, and international relations, we simplify the most important stories shaping today’s world. At The Financial Express, our goal is to keep you informed, empowered, and ahead in the fast-changing global landscape. 🔔 Subscribe now for daily insights on world affairs, finance, business, and economy. #Finance #Economy #WorldNews #Geopolitics #StockMarket #GlobalEconomy #BusinessNews #MarketTrends #InternationalNews #TradeWar #GlobalAffairs #GlobalMarkets Facebook: Twitter: Website: 27V1pxnxQ65 VvHiDBxReoF 4Pjq602yymj rxhwLBMMORc W04ubFmFeOA usGRWKYlHgm
DES Senator Dick Durbin has introduced the bipartisan Promise Act, a proposal designed to begin congressional action to strengthen Social Security before projected funding shortfalls reduce benefits. Speaking on the Senate floor, Durbin warned that according to the latest Social Security Trustees Report, the programme may only be able to pay around 78% of scheduled benefits by 2032 if Congress fails to act. He argued that lawmakers should repeat the bipartisan approach taken in 1983 by creating a process to debate and vote on reforms capable of keeping Social Security solvent for at least another 50 years. The proposal does not prescribe specific benefit changes. Instead, it establishes a bipartisan framework allowing Congress to consider competing plans through hearings, amendments and votes. This video contains Senator Dick Durbin's remarks and explains the proposed Promise Act. #socialsecurity #dickdurbin #senate #promiseact #retirement #congress #uspolitics #economy #news #usa #benefits #breakingnews Subscribe to The Financial Express: Welcome to The Financial Express, your trusted source for world affairs, geopolitics, business news, global economy updates, and market insights. Connect with us: 📌 On this channel, we cover: Global news & geopolitics that impact world International markets, trade, and policies Finance news & global economy trends Business analysis on global companies & economies From breaking updates on the US, China, Europe, India, and beyond to deep dives into global markets, trade wars, and international relations, we simplify the most important stories shaping today’s world. At The Financial Express, our goal is to keep you informed, empowered, and ahead in the fast-changing global landscape. 🔔 Subscribe now for daily insights on world affairs, finance, business, and economy. #Finance #Economy #WorldNews #Geopolitics #StockMarket #GlobalEconomy #BusinessNews #MarketTrends #InternationalNews #TradeWar #GlobalAffairs #GlobalMarkets Facebook: Twitter: Website: 27V1pxnxQ65 VvHiDBxReoF 4Pjq602yymj rxhwLBMMORc W04ubFmFeOA usGRWKYlHgm