The Dwindling Pot Of Money That Could Plunge Seniors Into Poverty

The Dwindling Pot Of Money That Could Plunge Seniors Into Poverty

Social Security provides retirement money to U.S. workers who have paid into the system via taxes. The program could be forced to cut payments within the next decade if Congress doesn't act to shore up its funding.

One bipartisan plan, still in its early days, comes from Sen. Bill Cassidy, a Louisiana Republican, and Sen. Angus King, a Maine independent who caucuses with Democrats: an independent endowment seeded by a $1.5 trillion investment from the federal government.

This episode: White House correspondent Tamara Keith, political correspondent Susan Davis, and senior political editor and correspondent Domenico Montanaro.

The podcast is produced by Elena Moore and Casey Morell. Our editor is Eric McDaniel. Our executive producer is Muthoni Muturi.

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