How to avoid a Social Security cut? Lawmakers are floating ideas for what to do

Lawmakers Durbin and Cassidy are attempting to prevent a projected 22% cut in Social Security benefits starting in six years. Their main proposal suggests setting up a process for Congress, using the bipartisan Social Security Advisory Board, to achieve solvency for at least 50 years. Separately, another bill proposes creating a $1.5 trillion investment fund for older adults.