March 23, 2010
THAT'S A GOOD PLACE TO START:
Next Big Issue? Social Security Pops Up Again (JACKIE CALMES, 3/23/10, NY Times)
“You would think that there ought to be a way to get together and talk about a balanced package of some changes in benefits and some increases in revenues that would actually help Social Security,” said James R. Horney, the director of federal fiscal policy at the Center on Budget and Policy Priorities, a liberal-leaning research organization.Some liberals, however, already have begun mobilizing to oppose any changes to Social Security benefits, arguing that the program does not face an imminent crisis. A group called Social Security Works began forming in January, with financing from Atlantic Philanthropies, and is seeking alliances with other groups.
In Congress, the speaker of the House, Nancy Pelosi, and other Democratic leaders, who last year quashed White House talk of forming a Social Security task force, are not likely to be eager after the 14-month battle over health care to confront so controversial an issue, certainly not before November’s elections.
Yet Representative Steny H. Hoyer, the moderate Democrat who is the House majority leader, gave a speech this month in which he called for the two parties to compromise on a mix of tax increases and benefit reductions to avert fiscal chaos. Among his options were proposals to gradually raise the retirement age for future Social Security recipients and to reduce benefits for those with high incomes.
Posted by Orrin Judd at March 23, 2010 6:26 AM
