Social Security Reform Shouldn’t Be Sacred Territory
A bill introduced in the House of Representatives a few days ago, by Rep. Sam Johnson, R-Texas, probably will go nowhere.
No one in Washington wants to touch the “third rail” of politics, after all.
The title was bestowed years ago, by those convinced any tampering with the Social Security program was political suicide.
But something needs to be done. Without reform, the Social Security program will have to cut benefits to 79 percent of current levels by 2034, it has been projected.
Action now could save Social Security without disrupting benefits for those collecting them now. Waiting could result in a fiscal meltdown.