Republican Congressman Tom Cole says he wants to address the impending solvency of social security.
Oklahoma Republican Congressman Tom Cole has said that the U.S. needs to have 'serious discussions' about Social Security as concerns over its viability continue to hover in policy discussions, with experts saying funds for the program may be exhausted in a decade.Cole pointed out that over the next three decades, Social Security will have to confront a deficit of $19 trillion.
'This proposal would have to be made with the support of commission members, and then the proposal would receive expedited consideration in Congress for a vote.'Newsweek contacted Rep. Cole's office for comment via email on Wednesday.Cole said in his note that he is against cuts to Social Security, but suggested that doing nothing will lead to a drop in what American retirees will receive from the fund in the future.'I want to be clear—I do not want to cut Social Security.
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