The alternative I have offered would provide for a reserve fund that would allow the repeal of the 1993 tax increase on Social Security benefits in a way that would protect Social Security and Medicare and not increase the deficit or the debt over the period of the resolution. I urge my colleagues to support the amendment.
Discussing an amendment related to Social Security benefits and tax policy.
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We did a whole series of things in our Social Security reform not to discourage people from working, but to encourage them to continue working if they are able to do so.
Can I just respond quickly, Mr. Chairman, and say when Simpson-Bowles went down, a group of six of us in the Senate, three Democrats, three Republicans, were asked by leadership to see if we couldn't come up with a way forward to adopt the…
I thought he was an outstanding Committee Chairman, and my former intern has succeeded him in his Congressional seat.
I do, and I made that argument to the commission, and others on the commission made some of the points that you are making now.
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