Let me be clear, the discussions about Social Security are not about the retirement security of those Americans who are 55 or older - the Social Security system for those folks 55 and over will not change in any way shape of form - no ifs, ands, or buts. ↗
I do not believe that the Social Security system is in crisis. The Social Security Administration itself recently reported that the system is able to pay full benefits as they are defined today until at least 2042. ↗
Congress has changed the Social Security system over time, and over 20 times in the past Congress has raised taxes on Social Security in payroll taxes into the system. ↗
I believe it's time to put our best ideas on the table and work toward a bipartisan solution, with the single goal of leaving the Social Security system stronger than we found it. ↗
What we should be trying to do is to encourage people to establish private retirement accounts and help them take pressure off the Social Security system. ↗
Our country also hungers for leadership to ensure the long-term survival of our Social Security system. With 70 million baby boomers in this country on the verge of retirement, we need to take action to shore up the system. ↗
