October 24, 2014

TOUGH CHOICES MUST NOT BE AVOIDED IN SOCIAL SECURITY DEBATE

WASHINGTON--The Concord Coalition today urged White House and Congressional leaders to keep the focus of the Social Security debate on the necessity of making tough choices today to ensure that future generations will not saddled with an unconscionable tax burden.

"Leaders of both political parties are taking a large risk by relying upon projections of massive budget surpluses over the next 15 years to keep from making difficult political choices," said Concord Coalition Policy Director Robert Bixby. "The primary reason Social Security reform is on the political agenda is that the program is unsustainable over the long-term in its current form. So far, neither the President nor the Republican Congressional leadership has come forward with a plan to address this problem. There has been too much talk about how to spend the surplus and not enough talk about how to save Social Security."

"College students and other young people must understand that the Social Security debate is essentially about them," said Concord Coalition Youth Outreach Coordinator Jeff Thiebert. "If we really want to reduce the burden on young people, we will save all of the surplus for reducing debt and start discussing the politically tough choices that will be necessary to make Social Security sustainable over the long-term."

The comments were made in reaction to a series of Republican town hall meetings advocating tax cuts and a White House Social Security conference featuring college students and younger workers held this week.