Third Party & Independents Archives

Sounds Like a Good Plan

Greenspan urges cuts to future Social Security, Medicare benefits

“Federal Reserve Chairman Alan Greenspan weighed in Wednesday on the contentious debate over the future of Social Security and Medicare by suggesting that Congress scale back future benefits, saying America can’t afford the programs.”

Sounds like a good plan to me. Let’s scale back the future benefits and allow the younger workers who would be affected invest a portion of their SS taxes in private accounts. I’ve always said I’d be willing to give up any benefits I’ve already earned if I was allowed to put future payments into a private account.

Posted by JasonTromm at February 26, 2004 11:14 AM