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OPINION

Announcing the Joe From Texas Social Security Tour

united states presidency social security anniversary executive order

U.S. President Donald Trump signs a presidential proclamation honoring the 90th anniversary of the 1935 Social Security Act, joined by Commissioner of the Social Security Administration Frank Bisignano (L) in the Oval Office of the White House - Washington, D.C. - Aug. 14, 2025. (Mandel Ngan/AFP via Getty Images) 

Joe Penland By Thursday, 09 October 2025 10:37 AM EDT Current | Bio | Archive

We've all heard for many years that Social Security is going broke.

Although this isn't completely accurate, it's true that the main Social Security Trust Fund will run out of money by around 2032.

This means that everyone receiving Social Security at that time will receive a benefits cut of around 23% and rising if nothing is done before then to shore up the program. (See: Social Security benefits face big cuts in 8 years, unless Congress acts : NPR)

Given the number of retirees who depend on Social Security as their main source of income, such a cut is unacceptable.

This is why I'm announcing a tour to lay out the challenges facing Social Security and discuss potential solutions to these challenges with my fellow citizens.

Our first stop on the tour will be the Georgetown Community Center in Georgetown, Texas on Wednesday, Oct. 22, at 10 a.m.

If you live in the vicinity of Georgetown, please plan to join us.

If you don't live near, but have friends or family in the area, please encourage them to join us for this discussion.

You may be wondering why you should attend this event and exactly what will be covered ‒ and these are very good questions.

The reason to attend is that no action is likely to be taken to address the impending Social Security shortfall unless we rally together and demand action.

We will not only discuss the problem and potential solutions; we will also talk about ways in which we can work together to bring attention to this problem.

It would be impossible to overstate the importance of people coming together on this issue.

Over the last five years, I have been coordinating with a small group of people who share my concerns regarding Social Security and our runaway national debt.

During this time, I have had the opportunity to individually meet with numerous congressmen and senators from all parts of the country to talk about Social Security.

Although all admit there is a problem on the horizon, very few indicate a willingness to step up and lead an effort to develop a solution.

Most of the time they defend their inaction by saying Social Security is an entitlement, as if that means it would be politically risky to take action because it is a program where people are receiving an unearned benefit.

I always find this response frustrating since people can't receive the benefit unless they have paid into the system as required by federal law.

Others reply that they can't lead such an effort because Social Security is adding to the $37 trillion federal debt.

This is another frustrating — and wholly untrue — response.

Social Security is funded by payroll taxes that are withheld specifically for the purpose of paying benefits, and that money is segregated from other government funds.

The fact that there is a concern over the Trust Fund being depleted and Social Security being short of funds in a few years is evidence of this fact.

If Social Security funds were not segregated, there would be no need to worry about the Trust Fund because the General Fund would cover benefit payments.

If that were the case, my concern would shift entirely from the Trust Fund to solely focus on our out-of-control spending and national debt.

The reason most of these folks are not willing to step forward on Saving Social Security is that there is not an abundance of courage on Capitol Hill.

That's why it's important for those of us concerned about this issue to come together and develop a plan to demand action.

There are at least two possible methods to address the impending trust fund shortfall.

One is by working through Congress on a solution.

The other is by calling on President Trump to appoint a bipartisan commission of legislators and citizens to make recommendations on solutions, just as President Reagan did in the early 1980s.

The work of that commission extended the solvency of Social Security by over 50 years. A new commission could do the same today. (Please read: Social Security History)

As we move forward and set additional dates and locations for the tour, we will be joined at many stops by my friend Dave Walker, former Comptroller General of the United States.

Dave will speak about how Social Security and other mandatory spending programs fit into the overall financial picture of the United States.

I hope you will be able to join us in Georgetown, Texas on Oct. 22, or at one of our — soon to be announced — stops.

If you are interested in making sure that we come to your community, or one near you, please drop us a line and let us know by emailing info@joefromtexas.com.

For more information, please visit www.JoeFromTexas.com

Joe from Texas is a family man with children, grandchildren, and great grandchildren. He's experienced tremendous success and lived the American Dream. His beliefs are both straightforward and deeply held. He believes in God, his family, and the United States of America. Read Joe Penland's Reports — More Here.

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JoePenland
I have had the opportunity to individually meet with congressmen and senators from all parts of the country to talk about Social Security. Although all admit there's a problem on the horizon, very few indicate a willingness to lead an effort to develop a solution.
debt, georgetown, walker
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2025-37-09
Thursday, 09 October 2025 10:37 AM
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