In a bi-partisan effort to protect critical federal trust funds from being wiped out, 8th Congressional District Representative Mike Gallagher along with three other congress members has introduced the TRUST Act this week. The legislative act called “Time to Rescue United States’ Trusts” would establish special congressional rescue committees tasked with crafting legislation that strengthens federal trust funds on the brink of insolvency. Rep. Gallagher says the funds from key federal programs could be exhausted within 13 years if nothing is done.
Gallagher is not hopeful action will be taken up soon in Congress since attention has been diverted by partisanship that saw a resolution pass on Thursday by a 232 to 196 margin to establish impeachment procedures.
