“Congress Must Act NOW to Save Social Security” This is Something to Think About 06.12.26
Something to Think About
Audio By Carbonatix
“Congress Must Act NOW to Save Social Security”
Bill Bunkley’s “This Is Something to Think About”
Air Date Friday, June 12, 2026
Social Security will face a shortage of funds by the 4th quarter of 2032, 6 years from now.
Social Security payroll taxes go into the Social Security trust fund. In years past, the fund had surpluses, so any surplus not needed to pay benefits was invested in US Treasury bonds. Today, we aren’t collecting enough payroll taxes to meet the increasing number of retiring “baby boomer” seniors, so the accumulated bonds are being cashed in to make up the difference. The last remaining bonds are quickly being liquidated.
Congress must increase the payroll tax rate, cut benefits, or do both. There is no provision for Congress to add money arbitrarily to the fund.
Congress must act to protect seniors, our kids, and grandkids.
The time is NOW, not tomorrow, to fix Social Security.
Bill Bunkley is a 20-year veteran Salem Media talk show host based in Tampa. The Bill Bunkley Show airs on weekdays from 3 to 5 pm across central Florida. Bill is also President of the Florida Ethics & Religious Liberty Commission and the legislative consultant to the Florida Baptist State Convention (Southern Baptist Convention Churches), among other churches and entities. He has served as the legislative consultant to the Florida Baptist State Convention for the last 30 years at the state capitol in Tallahassee. By the Grace of his Lord Jesus, he is a cancer survivor diagnosed in 2018 with AML Leukemia, having successfully undergone a bone marrow transplant that same year. In 2025, he underwent successful open-heart surgery to repair a heart valve. His wife is Toni, his son is Zac, and he attends Idlewild Baptist Church.
Copyright © William H. (Bill) Bunkley 2026 All Rights Reserved
