Gary Andres on the social security lock box
August 23rd, 2006 by Brendan SteinhauserOver 80% of Americans support stopping the raid on the Social Security “trust fund,” according to Gary Andres of Dutko Worldwide.
He writes,
“One possible step — creating a “lock box” to ensure Social Security surplus funds are not spent on other government programs — now garners strong support among voters.
Given these results, Republican lawmakers would be in a strong position to reach out to Democrats to join them in fashioning bipartisan lock-box legislation.
Even if such an initiative succumbs to a Democratic filibuster, scheduling a vote on such a measure will demonstrate which lawmakers want to protect Social Security for the future and provide shelter from the possible political storm created by congressional inaction in the face of a looming fiscal solvency gale.”
While stopping the raid is a good first step, the only meaningful lock box is one owned by an individual, which is why we support personal retirement accounts. The taxpayer is the only one who has the key to that kind of lock box.
