Cassidy Outlines Bipartisan Plan to Keep Social Security Solvent for Future Generations

WASHINGTON, DC – As reports continue to cover the shrinking viability of Social Security and working Americans continue to worry about their ability to rely on the government-run retirement program, U.S. Senator Bill Cassidy (R-LA), Ranking Member of the Senate Committee on Health, Education, Labor and Pensions (HELP), discussed his bipartisan “Big Idea” to save Social Security in remarks to The Ripon Society on Thursday morning.

“Social Security accounts for 20 percent of our nation's future indebtedness,” the Louisiana legislator stated. “Ten thousand Boomers a day become eligible for Social Security or Medicare. Everybody says, 'Oh my gosh, our debt and deficit are going up.' As we all know, the amount of discretionary spending has remained constant as a percent of our budget. It is the entitlements that are exploding.”

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