Since the Senate doesn’t have the guts to work on any kind of an intellegent Social Security reform package, the House Republicans have decided to do it themselves, and hopefully will vote on it sometime this year. The cornerstone of the proposed legislation will be using the existing Social Security surplus to fund private accounts. Even if this goes nowhere, at least the House GOP are coming up with good ideas and trying to act on them, as opposed to their counterparts who have no intellegent ideas on this subject whatsoever. And, it will put the Democrats on record as having voted against a good reform package, which is what the Dems are really afraid of.
House Republican leaders declared Wednesday that they will seek a vote this year on a scaled-back plan to establish Social Security private accounts like those proposed by President Bush.
Speaker Dennis Hastert (R-Ill.) told reporters after a meeting of House GOP members that the leadership will push a plan to establish private accounts by tapping the Social Security surplus. House GOP Whip Roy Blunt (R-Mo.) said a vote could be held in July or September, when lawmakers return from their summer break.
The GOP leadership’s move marks a significant change in the Social Security debate and, if successful, would lead to the first vote on private accounts in this session of Congress. The decision indicated that the House leadership was ready to press ahead with a vote without assurances of Senate action.
“Politically, people are not as nervous as they used to be,” said Rep. Jack Kingston (R-Ga.), vice chairman of the House Republican Conference.
Harry Reid resumed his mindless blathering on the issue claiming all sorts of castastrophe should such legislation be passed.
Senate Minority Leader Harry Reid (D-Nev.) said Republicans are “pushing a risky privatization scheme that will weaken Social Security, cut benefits and increase the debt.”
At least he didn’t say “explode the deficit” like Al Gore used to say. I never could quite figure out how you could explode the deficit, but I digress. Now here’s a real rocket scientist for you:
Rep. Jan Schakowsky (D-Ill.) said, “This plan is going nowhere. To say that they are going to use the surplus to fund private accounts is ridiculous and irresponsible.”
Right Jan, it’s irresponsible, as opposed to say, spending the surplus, which is what the Democrats want to do. How do such dumb, dishonest people actually get elected?
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