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Home :  Federal Budget & Tax : 
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Friday, August 11, 2006

Social Security Privitization Back Again?

Congress is obsessed with really bad ideas. Take this op-ed from the Campaign for America's Future. It puts it together that if the Republican grip on Congress gets tighter this November, they may bring up Social Security privatization once again.

The House leadership has similarly promised to bring Social Security privatization up in 2007. In July House Republican Majority leader John Boehner, R-Ohio, pledged to resume the push, saying “If I'm around in a leadership role come January, we’re going to get serious about this.” In June, the current chairman of the Ways and Means Social Security Subcommittee and likely future chair of the full House Ways and Means Committee, Rep. Jim McCrery, R-La, told reporters that he intended to put Social Security back on the legislative agenda in 2007.

See their full report to check where your Congressperson stands on Social Security.

When will the Congressional leadership get that the public is not nearly as enamored of its ideas as they are? They failed on three seperate occassions to permanently roll back the estate tax, but vow to vote on it again. And as you may recall, President Bush went on a massive public relations blitz to promote his plan to privatize Social Security. The public didn't buy it then, and it won't buy it in 2007.

But hey, maybe this time they won't have to worry about what the public thinks. They could push it as filibuster-proof reconciliation bill, or, better yet, pile on the "sweeteners" and tie it to a minimum wage raise! Sheesh...



Posted by Matt Lewis



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