Biden’s budget czar Shalanda Young draws a blank on how to rescue Social Security from insolvency
“Why does the president’s budget not lay out how you would protect Social Security,” said Sen. Mitt Romney, Utah Republican. “We have a problem with Social Security. We need to address it. You agree we have a problem with Social Security?”“This president believes the biggest threat to Social Security is those who want to cut it,” she said. “His budget says no.”
Mr. Cassidy, a physician, is leading a bipartisan group of senators who are crafting legislation to address Social Security’s funding problem. They are weighing options such as raising the retirement age, refiguring annual cost of living adjustments for benefits and broadening the way Social Security is financed.
“Let’s ask the wealthiest to pay just a little bit more of their fair share, to strengthen Medicare for everyone over the long term,” the president said when he rolled out his budget.can give specifics about fixing Medicare but not Social Security.
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