Cassidy Calls Congress’s Bluff on Social Security
WASHINGTON – U.S. Senator Bill Cassidy, M.D. (R-LA), today sought unanimous consent on the U.S. Senate floor to establish a process for Congress to consider solutions to prevent a 22-28% cut to Social Security benefits for 75 million Americans in six short years. An objection prevented the U.S. Senate from even beginning consideration of the resolution. Cassidy then countered the objection. “[The resolution] does not predetermine the outcome. It just says that Congress must consider a solution— anyone’s solution—Democrat or Republican, Left and Right. It just asks us to do our job to consider the solution to then go through regular order on the Senate Finance Committee to be considered by all,” said Dr. Cassidy. Background Cassidy has outlined his plan to rescue Social Security from insolvency by creating a sovereign wealth fund independent of the Social Security Trust Fund. He has written extensively on his proposal in the Washington Post , the Wall Street Journa l , State Affairs , and the Washington Examiner . On the U.S. Senate floor, Cassidy has repeatedly called on Congress to act to save the program. Most recently, he challenged the U.S. Senate to stop being good politicians and start being good senators. ###
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WASHINGTON – U.S. Senator Bill Cassidy, M.D. (R-LA), today sought unanimous consent on the U.S. Senate floor to establish a process for Congress to consider solutions to prevent a 22-28% cut to Social Security benefits for 75 million Americans in six short years. U.S. Senator Ron Wyden (OR-D) objected, preventing the U.S. Senate from even beginning consideration of the resolution. Cassidy then countered the objection. “[The resolution] does not predetermine the outcome. It just says that Congress must consider a solution— anyone’s solution—Democrat or Republican, Left and Right. It just asks us to do our job to consider the solution to then go through regular order on the Senate Finance Committee to be considered by all,” said Dr. Cassidy. Background Cassidy has outlined his plan to rescue Social Security from insolvency by creating a sovereign wealth fund independent of the Social Security Trust Fund. He has written extensively on his proposal in the Washington Post , the Wall Street Journa l , State Affairs , and the Washington Examiner . On the U.S. Senate floor, Cassidy has repeatedly called on Congress to act to save the program. Most recently, he challenged the U.S. Senate to stop being good politicians and start being good senators. ###
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