GOP Social Security Schemes Would Only Harm Retirees

August 11, 2011 6:40 pm ET

As the anniversary of Social Security nears, it's important to remember how Republicans have approached the program. Beginning with a Bush-era commission on Social Security reform and continuing up through Budget Committee Chairman Paul Ryan's (R-WI) "Roadmap for America's Future," Republicans have sought over the last decade to disrupt the Social Security system via a variety of schemes. Their proposals, which have often included privatization plans and "progressive price indexing," would introduce uncertainty into retirees' lives by attaching payouts to the ups and downs of the market, and would amount to substantial benefit cuts for many Americans.

Return to the full post.