Mark E. Green on Social Security

Reform Soc.Sec. for future generations

A: Now comprising nearly a quarter of federal spending, Social Security trust funds will be completely depleted by 2034. Without serious reforms now, there is no way the federal government will be able to keep its promises to millions of Americans. We must not change the benefits promised to those who have reached retirement age or are anywhere near it. For future generations, we need to reform the program into a true safety net for those who need it--to keep seniors out of poverty and to help the disabled and their families. We need to make Social Security spending part of the annual budget process so there is accountability, lower taxes to encourage more personal savings, and incentivize employers to provide disability insurance with a tax credit.