The Atlanta Journal-Constitution reports that Rep. Tom Price (R-GA), the incoming chair of the House Budget Committee, said that he wants the Committee to take up Social Security reform.
“On the issue of Social Security, it has indeed been the third rail as Tim [Chapman, COO for Heritage Action] mentioned, and what I’m hopeful is what the Budget Committee will be able do is to is begin to normalize the discussion and debate about Social Security. This is a program that right now on its current course will not be able to provide 75 or 80 percent of the benefits that individuals have paid into in a relatively short period of time. That’s not a responsible position to say, ‘You don’t need to do anything to do it.’
“So all the kinds of things you know about – whether it’s means testing, whether it’s increasing the age of eligibility. The kind of choices — whether it’s providing much greater choices for individuals to voluntarily select the kind of manner in which they believe they ought to be able to invest their working dollars as they go through their lifetime. All those things ought to be on the table and discussed.”
Check out the whole story for more details.