Social Security is in Crisis: We Must Resist Efforts to Change It

Published in Blackstone Valley Call & Times on August 19, 2025

Security will mark its 90th anniversary. On that date in 1935, President Franklin D. Roosevelt signed the landmark program into law as a safeguard against the “hazards and vicissitudes” of life.

“For a federal program to endure for 90 years and maintain an extremely high level of popularity among the American people is truly extraordinary,” says the National Committee to Preserve Social Security and Medicare (NCPSSM). “It is an achievement that should be celebrated far and wide.”

Yet this milestone comes amid growing political controversy that could shape the program’s future.

Privatization Concerns Emerge

Just 15 days before the anniversary, U.S. Treasury Secretary Scott Bessent made remarks that sent shockwaves through the aging advocacy community. Speaking at a Breitbart News–sponsored event, Bessent described President Trump’s newly enacted “Trump accounts” (also referred to as “Child Savings Accounts” or “Child IRAs”) as potentially serving as a “backdoor for privatizing Social Security.” His comments, made during a Breitbart policy panel on the evening of July 30, were quickly picked up by national media outlets.

Bessent elaborated: “If these accounts grow and you have in the hundreds of thousands of dollars for your retirement, that’s a game-changer too.” He suggested that the success and expansion of these individual retirement accounts—created under President Trump’s One Big Beautiful Bill Act—could eventually reduce Americans’ reliance on traditional Social Security benefits.

The law, signed by Trump on July 4, creates a new tax-deferred investment account for children under the age of 18, born in the U.S. between January 1, 2025, and December 31, 2028. These accounts are seeded with $1,000 in federal funds and allow additional contributions of up to $5,000 annually from parents, family members, or employers. Structured similarly to IRAs, the funds must be invested in low-cost mutual funds or exchange-traded funds (ETFs) that track a U.S. stock index.

Max Richtman, NCPSSM President and CEO, quickly issued a public response, calling on Trump to denounce Bessent’s suggestion of a “backdoor” to privatization. “President George W. Bush tried it after his re-election in 2004—and failed miserably. The American people didn’t buy it then, and they won’t buy it now,” Richtman said.

He urged the former president to issue a clear and unequivocal statement: “Make a clear, unequivocal statement (as only you can) that your administration will not try to privatize Social Security.”

John Hishta, Senior Vice President of Campaigns at AARP, also issued a statement and condemned Bessent’s comments. “We have fought any and all efforts to privatize Social Security, and we will continue to,” he said. “President Trump has emphasized many times that Social Security ‘won’t be touched,’ and that he is ‘not going to touch Social Security.’ This must include any and all forms of privatization.”

“Privatization is a terrible idea”, says Nancy Altman, President of Social Security Works in a statement, noting that unlike private savings, Social Security is a guaranteed earned benefit that you can’t outlive. “It has stood strong through wars, recessions, and pandemics. The American people have a message for Trump and Bessent: Keep Wall Street’s hands off our Social Security!,” she says.

Following the backlash, Bessent attempted to clarify his remarks in a post on X (formerly Twitter) the next day: “Trump Baby Accounts are an additive benefit for future generations, which will supplement the sanctity of Social Security’s guaranteed payments. This is not an either-or question. Our administration is committed to protecting Social Security and making sure seniors have more money.”

During her Thursday press briefing, White House Press Secretary Karoline Leavitt emphasized that President Trump remains “wholeheartedly committed” to protecting Social Security—even as Bessent’s earlier comments appeared to contradict that position. “What the Secretary of the Treasury was saying—and what this administration believes—is that these Trump newborn accounts, which are an incredibly creative and positive provision in the One Big Beautiful Bill, are meant to help supplement, not substitute, Social Security,” Leavitt told reporters.

Democrats and Advocacy Groups Push Back

Last Thursday, amid hundreds of events scheduled this month throughout the nation to celebrate SSA’s 90th anniversary, the Washington, D.C.–based Social Security Works hosted a press conference to warn against what they called Trump administration efforts to undermine and dismantle Social Security.

Moderator Nancy Altman, President of SSW, opened the Town Hall by emphasizing the importance of celebrating Social Security’s milestone anniversary and the need to protect and defend the program. Throughout the event, Altman introduced each speaker, describing them as champions dedicated to safeguarding Social Security.

Speakers cited administrative actions such as firing 7,000 employees, closing field offices, and creating a customer service crisis. During the 37-minute press event, prominent Democrats and leaders of progressive advocacy groups argued these steps were part of a deliberate strategy to erode public confidence and justify future benefit cuts or privatization.

They contrasted these actions with proposals to expand benefits and extend the program’s solvency by lifting the cap on taxable income. Sen. Bernie Sanders (D-Vermont), described as a leading champion of earned benefits and author of the Social Security Expansion Act, called Social Security “the most successful federal government program of all time.” This was said to counter claims by critics, like Elon Musk, who have called it a “Ponzi scheme.” Sanders added: “This is a huge fight. We have the American people behind us. Let’s win it.”

Sen. Ron Wyden (D-Oregon), Ranking Member of the Senate Finance Committee and a key figure in the Senate’s “Social Security War Room,” said: “Trump’s so-called promise to protect Social Security, in my view, is about as real as his promise to protect Medicaid—no substance.”

Rep. John Larson (D-Connecticut), Ranking Member of the Social Security Subcommittee of the Ways and Means Committee, urged Congress to expand benefits. He noted that the last major expansion was under President Nixon and that millions of seniors still live in or near poverty.

Former Social Security Commissioner under President Biden, Martin O’Malley, charged, “They’re trying to wreck its customer service so they can turn enough Americans against it—and ultimately get away with robbing it.” He described this as the strategic motivation behind what he called the Trump administration’s dismantling of the SSA’s operational capacity.

Rep. Debbie Dingell (D-Michigan), who helped organize the Expand Social Security Caucus and has deep family ties to the creation of both Social Security and Medicare, declared: “I’ll be damned if anybody’s going to take us back to those days,” recalling the poverty and desperation seniors faced before the program’s enactment.

Judith Brown, a Social Security beneficiary, gave personal testimony underscoring the critical role her monthly check plays in her financial survival.

Keisha Bras, Director of Opportunity, Race, and Justice for the NAACP; Molly Weston Williamson, a Senior Fellow with the Center for American Progress Action Fund and an expert on paid leave; and Sarah Francis of Unrig Our Economy rounded out the panel.

A Legacy Under Threat

NCPSSM President Max Richtman warns that while the anniversary is cause for celebration, “we must always defend the program from those who would privatize or outright eliminate it. These forces have been at work ever since Social Security was enacted.”

To educate the public and counter misinformation, NCPSSM has produced a new documentary, Social Security: 90 Years Strong, with funding from AARP. The film tells the story of the program’s creation during the Great Depression and its enduring role for seniors, people with disabilities, and their families.

The documentary features interviews with Senators Tom Harkin and Chuck Grassley, Nancy Altman (Social Security Works), Bill Arnone (formerly of the National Academy of Social Insurance), FDR’s grandson Jim Roosevelt, Tracey Gronniger (Justice in Aging), Kathryn Edwards (Labor Economist), and Giovanna Gray Lockhart (former Director, Frances Perkins Center).

Social Security is often called the “third rail” of American politics—a metaphor drawn from the high-voltage rail powering some trains, where contact can be fatal. In politics, “stepping on the third rail” can mean political death.

“More than 69 million Americans rely on Social Security today and as America ages, we expect at least 13 million more people to rely on it by 2035.” said Myechia Minter-Jordan, Chief Executive Officer at AARP in s July 21 statement announcing the results of a new SSA survey. “For 90 years, Social Security has never missed a payment, and Americans should have confidence that it never will,” she said. 

The survey findings indicate that nearly two in three (65%) retired Americans say they rely substantially on Social Security, while another 21 percent say they rely on it somewhat. In 2020, 63% of retired Americans said they relied substantially on Social Security, jumping from 58% in both 2015 and 2010.

Social Security has strong bipartisan support, too.  The survey found that that more than two-thirds of Americans (67%) believe Social Security is more important to retirees today than it was five years ago. Overall, 96% consider the program important, with broad bipartisan agreement: 98% of Democrats, 95% of Republicans, and 93% of Independents.

The Social Security Trustees’ 2025 annual report, released in June, projects the program’s trust funds will run short of money by 2034. Without action, beneficiaries could face an estimated 19% cut in monthly payments.

Whether lawmakers who support privatization —while keeping their voter base—if they “step on the third rail” by raising the full retirement age or refusing to raise taxes remains to be seen.

We’ll see.

Rally round Martin O’Malley for Social Security Administration Commissioner

Published in RINewsToday on August 7, 2023

Just weeks ago, President Joe Biden nominated former Maryland Governor Martin O’Malley, Social Security Commissioner, to lead the Social Security Administration (SSA) in delivering benefits to 67 million Americans per month, totaling over 1 trillion dollars in benefits paid during the year. With the SSA Trust Fund running out of money in 2033 if changes are not made to financially shore up the program, O’Malley will be a key player in the fierce partisan battle on Capitol Hill to address the SSA’s solvency.   

In a tweet with over 91,000 views after his nomination, O’Malley said: “Humbled and honored to be chosen by @POTUS to lead @Social Security into the future. President Biden believes Social Security is a sacred promise.  I look forward to earning the Senate’s approval and serving with the hardworking patriots of the U.S. Social Security Administration.” 

After firing Andrew Saul in July 2021, a hold-over from President Trump’s administration who refused to resign, Biden had named Kilolo Kijakazi, who served as SSA’s deputy commissioner for retirement and disability policy, as Acting SSA Commissioner.  Over her tenure, Kijakazi oversaw the Baltimore, Maryland based independent agency’s efforts to maintain customer service amid the COVID-19 pandemic that forced the closure of SSA field offices throughout the nation. With the agency’s staffing levels at a 25-year low, along with using outdated technology, customer service plummeted because of long waits for phones in-person service.

Now O’Malley is headed to replaces Kijakazi as Social Security Commissioner. If confirmed by the Senate, he will serve a six-year appointed term.  O’Malley will be directly responsible for all programs administered by SSA; for state-administered programs directed by SSA; and for certain functions with respect to the black lung benefits program.

Lots of experience under O’Malley’s belt

O’Malley’s background as two-term Mayor of Baltimore and two-term Governor of Maryland, where he adopted data and performance-driven and customer service technologies to tackle complex challenges, will be helpful as he grapples with how to manage an understaffed and underfunded agency that has reduced SSA’s ability to determine in a timely fashion eligibility of persons seeking retirement, survivor, and disability benefits, and updating benefits promptly when circumstances change.  He has written extensively about how to govern for better results by measuring the outputs of government on a real-time basis.  

During his time as mayor, O’Malley’s policies helped achieve the greatest crime reduction of America’s largest cities. Prior to being elected Mayor, he served as a member of the Baltimore City Council, and Assistant States Attorney for the City of Baltimore before that.

According to the Georgetown University’s Institute for Politics and Public Service, O’Malley was called the best manager in government by Washington Monthly magazine.  “Under his leadership Maryland achieved nation-leading progress: Best public schools in America for an unprecedented five years in a row (Education Week); one of the top states in the nation for holding down the cost of college tuition (College Board); and #1 in innovation and entrepreneurship for three years running (U.S. Chamber of Commerce).” 

In 2016, O’Malley ran for the Democratic Party’s nomination for President of the United States. He dropped out of the race in the winter of 2016 after placing third in the Iowa caucus. He also served two terms as chair of the Democratic Governors Association and was appointed to the nation’s first-ever Council of Governors by President Obama in 2010.

O’Malley received his bachelor’s degree from Catholic University and his law degree from the University of Maryland. Since 2016, he has lectured on public administration at numerous universities and institutions, including the University of Maryland, Harvard University, Georgetown University, and Boston College School of Law.

He and his wife, Katie, a District Court judge, have two daughters, Grace and Tara, and two sons, William and Jack.

Calls for O’Malley’s Senate Confirmation

On July 26, Democratic lawmakers and social security advocates were quick to issue statements of support, strongly endorsing and celebrating O’Malley’s nomination to be SSA Commission.  Here is a listing of a few of these endorsements:

Oregon Senator, Chair of the Senate Finance Committee, Ron Wyden: “Social Security needs a confirmed commissioner in order to ensure Americans are receiving the best service possible for their earned Social Security benefits. Governor O’Malley is a proven leader with experience running a large organization that millions of families count on. I look forward to moving this nomination through the Finance Committee as soon as possible.” [Statement, 7/26/23 – https://www.finance.senate.gov/chairmans-news/wyden-statement-on-omalley-nomination-to-lead-social-security

Connecticut Congressman John Larson: “I applaud President Biden for nominating a champion for Social Security, Martin O’Malley, to lead the Social Security Administration and move it forward to better serve current and future beneficiaries. Governor O’Malley has long supported protecting and expanding Social Security. He knows just how important this program is to our seniors and that the modest payments they live on are simply not enough. I look forward to working alongside him as we work to ensure SSA has the resources it needs to serve our most vulnerable Americans for decades to come.” [Statement, 7/26/23 – https://larson.house.gov/media-center/press-releases/larson-statement-biden-nomination-martin-omalley-commissioner-social

Nancy Altman, President, Social Security Works: “Social Security Works and I, personally, applaud the nomination of Governor O’Malley, a longtime Social Security champion. We will do all we can to ensure his swift confirmation.  We look forward to working with him, once confirmed, to secure more funding for SSA as the president requested and higher benefits, with no cuts, as he, President Biden, and indeed the Democratic Party, through its 2020 platform, have called for.” [Statement, 7/26/23 – https://socialsecurityworks.org/2023/07/26/martin-omalley-will-fight-for-social-security/

Max Richtman, President and CEO, National Committee to Preserve Social Security and Medicare: “We commend President Biden for nominating former Maryland governor Martin O’Malley as Social Security Commissioner. It has been more than 20 years since the Senate has confirmed a permanent commissioner nominated by a Democratic president, and it is way past time for the Social Security Administration (SSA) to have one. As a confirmed commissioner, Martin O’Malley will be able to advocate effectively for SSA, which has been chronically underfunded and has struggled to provide adequate customer service. 

As a presidential candidate in 2016, Governor O’Malley championed the expansion of Social Security. He proposed boosting benefits and adopting a more generous (the CPI-E) for calculating COLAs — while adjusting the payroll wage cap so that the wealthy pay their fair share.  He insisted that ‘it is our responsibility to ensure that Americans who put in a lifetime of hard work are able to retire with the dignity they deserve.’ American workers’ payroll taxes largely fund the SSA.  They have every right to expect the agency that administers their benefits to be fully funded — with a permanent commissioner at the helm. The Senate should confirm Governor O’Malley in a timely manner when it returns from August recess.”

Richard Fiesta, Executive Director, Alliance for Retired Americans: “Members of the Alliance for Retired Americans are pleased that President Biden has nominated former Maryland Governor Martin O’Malley to be the next Social Security Administration (SSA) Commissioner. The SSA needs a strong Commissioner now more than ever. With 10,000 Americans turning 65 each day, the workload increases every day, and the budget has been woefully inadequate to meet the needs of seniors, people with disabilities and all-American families. Gov. O’Malley has a proven track record and the experience to navigate these challenges and ensure that Americans are able to get the benefits they have earned. American workers have earned their Social Security benefits, paying into the system with every paycheck. They deserve world class service from a fully staffed workforce equipped with the best tools and technology available. The Alliance for Retired Americans is confident that under Governor O’Malley’s leadership SSA will deliver. There is no time to waste. We urge the Senate to confirm Gov. O’Malley without delay.”

As SSA’s Commissioner, O’Malley will become the point person for Biden to push for an increase in the agency’s administrative expenses to improve computer technology, open field offices across the nation to improve the agency’s customer service by reducing backlog and wait-time on phone to its 67 million beneficiaries. (https://retiredamericans.org/retirees-praise-biden-nomination-of-martin-omalley-to-be-social-security-commissioner/)

Final thoughts…

Like Biden, O’Malley calls for defending the Social Security program against Republican attack, supporting the expansion of Social Security benefits, and raising SSA taxes on higher income beneficiaries. With Senate Republicans opposing these policies and a razor-thin Democratic majority in the upper chamber, expect O’Malley’s nomination to squeak by in being confirmed.  After the Senate returns from its month-long August recess, Senate Majority Leader Chuck Schumer (D-New York) must quickly move to schedule a vote on O’Malley’s nomination.  SSA now needs its top leader in place to begin working to fix SSA’s ongoing issues of financial solvency and customer service issues.

For more details about O’Malley, go to https://en.wikipedia.org/wiki/Martin_O%27Malley.

Nursing home workforce crisis deepens with minimum staffing standards

Published in RINewsToday on February 13, 2023

“The long-term care industry is enduring the worst workforce crisis in its history, in Rhode Island, and across the country. Although providers are committed to recruiting and retaining staff to provide quality care for residents, despite our best efforts, many nursing homes have fallen short of the staffing ratio set by the RI Department of Health,” notes James Nyberg, Executive Director of the East Providence-based Leading Age Rhode Island (LARI), representing nonprofit providers of aging services.

“We are extremely  concerned about the impending fines that will be imposed on nursing homes here in Rhode Island as a result of our state’s existing nursing home minimum staffing ratio statute,” said Nyberg. Because of staffing ratio mandates, “the industry would have faced fines of over $11 million, in just one sample quarter (April – June 2022), since over 70% of nursing homes are not in compliance,” he said.  

“While April-June was a sample, the fines go into effect for July-September and we will receive a similar notice in just a few weeks, with only 10 days to pay the fine,” says Nyberg, stressing that these fines will only increase going forward if nursing homes are unable to meet the minimum staffing ratio.

Nyberg calls on the Rhode Island General Assembly to rescue Rhode Island’s nursing homes and provide relief from these penalties by delaying them and exploring an alternative approach to support the efforts of nursing homes to meet the ratio.  He warns that the current fine-based approach is excessive and counterproductive and will lead to reduced access to care and threaten the survival of the state’s nursing homes.

Nyberg points out that the current workforce shortages are already preventing nursing homes from filling open positions, limiting new admissions, and forcing organization closures (five nursing homes have already closed since the COVID pandemic began).  These challenges are also resulting in backlogs at hospitals, which are unable to discharge patients due to reduced capacity in nursing homes.  

“We are working with numerous stakeholders on various initiatives to develop a pipeline of workers, but the simple fact is that it will take time.  In addition, as you know, the industry has faced years of underfunding from Medicaid, which pays for the majority of nursing home care.  This has made recruiting and retaining workers more difficult than ever,” says Nyberg. 

John Gage, President of the Rhode Island Health Care Association (RIHCA) agrees with Nyberg’s assessment of the nursing home workforce.  “Nursing homes across the nation are facing an historic labor shortage as the direct result of chronic Medicaid underfunding and the devastating impact of the Covid-19 pandemic on the workforce, he says, noting that the state’s nursing home workforce is down 20% since the start of the pandemic, with 2,000 workers lost from Jan. 2020 to June 2022.  Nationwide, the nursing home workforce is down 210,000 workers.

According to Gage, Rhode Island’s staffing mandate, while well-intentioned, will siphon tens of millions of dollars from resident care. In the first year of full implementation of the state’s minimum staffing mandate, RIHCA estimates that facilities will be fined upwards of $60 million. “These fines will imperil care, not bolster it,” he warns.  

Without legislative action, Rhode Island nursing homes will be fined an estimated $11 million on or about February 28, 2023, because of their inability to attract workers to meet the mandate from July 1, 2022, through September 30, 2022, Gage charges. “There are simply not enough available workers to fill the open staff positions, and resources are scarce.  Nursing homes will be devastated by these fines.  Facilities will reduce admissions, backing up hospital referrals and clogging hospital beds.  More nursing facilities will close – five have already closed since the beginning of the pandemic,” he predicts.  

Gage asks, “Who will care for Rhode Island’s frailest elders?” To recreate a minimum staffing mandate in nursing homes on the federal level would be a huge mistake, especially given the historic workforce crisis here in Rhode Island and nationwide,” he says.  

Gage’s comments echo concerns expressed by another group of US Senators in Jan. 20 correspondence (https://www.tester.senate.gov/wp-content/uploads/1-20-23-Nursing-Home-Staffing-Mandate-Letter-FINAL.pdf) sent to CMS by Senators John Bourasso, Jon Tester, and eleven other US Senators.  They caution the agency that a one-size fits all mandate would undermine access to care for patients, and they encouraged CMS to work with Congress on tailored solutions that address the workforce challenges facing nursing facilities.

At the federal level

Just days ago, U.S. Senators Bob Casey (D-PA), Chairman of the Senate Committee on Aging, and Ron Wyden (D-OR), Chairman of the Senate Finance Committee, called on the Centers for Medicare & Medicaid Services (CMS) Administrator Chiquita Brooks-LaSure to encourage the federal agency to establish minimum staffing standards in nursing homes to ensure high-quality care for nursing home residents. In Feb. 10 correspondence, Casey and Wyden, along with Senators Sherrod Brown (D-OH), Kirsten Gillibrand (D-NY), Richard Blumenthal (D-CT), Cory Booker (D-NJ), and Elizabeth Warren (D-MA) urged CMS to advance the agency’s ongoing study to determine adequate staffing requirements in nursing homes.

“We appreciate the work that CMS has undertaken to promote safety and quality in nursing homes and applaud the Biden-Harris Administration’s commitment to protecting our nation’s seniors,” said the senators in Feb. 10 correspondence, urging CMS to “bring this work to completion.” 

“In our view, that means continuing the agency’s ongoing study to determine the level of staffing that is necessary to ensure safe and high-quality care for nursing home residents, developing an evidence-based and actionable proposal for mandatory minimum staffing levels, and a robust and transparent process—including direct stakeholder engagement— that will allow for further discussion and fine-tuning of requirements before the proposal is finalized,” wrote the senators.

The senators noted that studies have shown a correlation between inadequate staffing levels and lower quality of care. More recent studies have demonstrated that higher nurse staffing ratios mitigated the effect of COVID-19 outbreaks in nursing homes and resulted in fewer deaths. A recent Department of Health and Human Services Office of Inspector General report examining the high level of COVID-19 infections in nursing homes also pointed to the need for the establishment of minimum staffing requirements.  

In the correspondence, the senators cite the Social Security Act, which requires skilled nursing facilities to “provide 24-hour licensed nursing service which is sufficient to meet nursing needs of its residents,” including the services of a registered nurse at least 8 consecutive hours per day, 7 days a week. The letter commends CMS for working to update this vague standard that has led to substantial variation in staffing levels and quality of patient care across facilities.

“Achieving the shared goal of ensuring quality care in nursing homes nationwide is a complex undertaking, says LeadingAge’s Ruth Katz, senior vice president, policy. LeadingAge is an association of nonprofit providers of aging services, including nursing homes.

“As our Get Real on Ratios proposal highlights, a number of conditions must be met in advance of any mandate implementation,” suggests Katz. “The senators correspondence to CMS is a promising development; it covers many of the same points as our Get Real on Ratios proposal – a recognition of the critical need for adequate reimbursement; that one size does not fit all, and that workforce shortages will need to be addressed with additional support. Without addressing these, staffing mandates are impossible. We look forward to continuing our discussions with Congressional leaders on this critical issue so that older adults and families can access much-needed care and services,” she says.

“The Senior Agenda Coalition of RI fully supports the need to develop national staffing standards to ensure quality care is provided to nursing home residents across our nation. It is important to note that Rhode Island has been a leader in this area. For many years our state has required 24/7 RN coverage in nursing homes and in 2021 the legislature passed the Nursing Home Staffing and Quality Care Act that includes staffing standards,” says Maureen Maigret, Policy Advisor to Senior Agenda Coalition of RI. “Now we must work to address workforce shortage issues and ensure that adequate government resources are provided especially through Medicaid payments so the standards can be met, and our critical direct care workers receive competitive living wages in order to keep them working in long term care,” she adds.

As the House Leadership hammers out the FY 2024 budget, it is crucial that adequate Medicaid funding is allocated to allow nursing homes to attract the necessary staff to meet the state’s minimum nursing standards that it codified into law. We must address this policy problem now rather than just kick the can down the road.