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Introductory Statement on S. 4979

Senator Durbin introduced a bipartisan bill (S. 4979) aimed at saving Social Security. He said that by 2032 the program will not have enough money to pay full benefits, which could mean cuts of about $450 a month, and described his bill as setting up a process for Congress to consider different proposals and vote on a plan to keep the program funded for at least 50 years. This was an introductory statement, and no other members spoke on the bill in the sampled discussion.Written by AI from the debate. Updated .

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