October 22, 2014

New Coalition Aims To Head Off Talks Of Benefit Cuts

July 30, 2010
Congress Daily

Excerpt

The new coalition is arguing that Social Security has a surplus of about $2.6 trillion and rising, and thus is not responsible for the massive deficit and should not be targeted...

"The thing I have against the approach they take is it's got blinders," said Concord Coalition Executive Director Robert Bixby. "[Social Security] hasn't contributed to the deficit in the past, all of that is true. And yet it doesn't address the problem, which is that the program is going to grow much more rapidly in the coming two decades and that's going to put a big strain on the budget."