"Raising the retirement age would inflict further hardship among a group of workers who are likely to face health and economic problems in their 60s." –Doug Hart, President, Arizona Alliance for Retired Americans
A bad idea that just won’t go away, Social Security privatization is once again back in the public debate with the recent introduction of a bill in Congress to create private savings plans in lieu of Social Security. The legislation, H.R. 2109, was introduced by Rep. Pete Sessions (TX), who also serves as head of the House Republican campaign committee. The bill has been co-sponsored by Reps. Marsha Blackburn (TN), Dan Burton (IN), Randy Neugebauer (TX), Lamar Smith (TX), Lee Terry (NE) and Jeb Hensarling (TX), all Republicans.