1. United States
2. Mo.
3. Letter

Social Security must not be privatized. The threat of moving this crucial program into the private sector poses grave risks to millions of Americans who rely on it for their retirement income and other benefits. Privatization would subject Social Security to the volatility of financial markets and undermine its core mission of providing a reliable safety net. The steps being taken by the so-called Department of Government Efficiency, such as staffing cuts, budget reductions, and service changes, are deeply concerning. These moves could severely diminish the Social Security Administration's ability to effectively administer the program and maintain public confidence. Once faith in Social Security erodes, privatization becomes an increasingly viable option for policymakers despite the perils it presents. Social Security is a fundamental pillar of economic security for American workers and retirees. It should remain under government management to preserve its integrity and insulate it from the profit motives of private corporations. Subjecting this vital social insurance system to market forces would jeopardize the financial well-being of tens of millions who have dutifully paid into the program throughout their working lives. We must reject any steps that steer Social Security toward privatization and work to strengthen this indispensable public program for current and future generations.