Many Americans have one big question when it comes to their retirement: Will Social Security still be there when I need it?
Now, there are new signs that Congress could start to take steps to consider ways to repair the program.
Republican Sen. Mitt Romney of Utah last week reintroduced a bill called the TRUST — Time to Rescue United States’ Trusts — Act, which aims to address the shortfalls faced by Social Security and other federal programs that rely on trust funds that are falling short.
That includes the Social Security Old Age and Survivors Insurance Trust Fund and the Social Security Disability Trust Fund, which together are projected to run out in 11 years, or in 2032, according to the legislation, which cites estimates from the Government Accountability Office.
