Federal officials announced this week Social Security will run out of money by 2041, a year earlier than previously expected. Social Security’s fate was the main topic of discussion at Iowa Congressman Tom Latham’s town hall meeting Wednesday in Mason City. Latham says it’s been the hot topic discussed at all of his Easter recess town hall meetings. Latham, a republican, says people are very interested in “long-term solvency” and he says none of the ideas are set in stone and he wants to hear people’s concerns and take them back to Washington. Latham says he’s not solid with one specific plan as of yet as he still wants public input on privatizing Social Security. He says any solution will have to come from both democrats and republicans and he says long-term, there is a problem with solvency. He says finding a fix for Social Security is of deep importance to our children and grandchildren, because without change now — even modest change — the system will go bust within 36 years. Latham says older folks especially will understand the value of money over time that small actions now can have a dramatic impact later. Latham has more town hall meetings scheduled for today in Hampton at 11 o’clock, and April 18th in Clarion.
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