On Deficit Reduction, Respective Senate Leaders Want Taxes and Social Security Left Alone

Meeting with reporters today after a weekly caucus meeting, Majority Leader Harry Reid (D-NV) said he wanted Congress to “leave Social Security alone” when it comes to any proposed deficit reduction plan. He noted that the program did not add to the deficit.

Meanwhile, Minority Leader Mitch McConnell (R-KY) told reporters that from his point of view, adding revenue to pay off some of the debt by increasing taxes was “not on the table.” He believes that the problem centers on spending and not a lack of taxation.

Neither of these statements are new, but they are noteworthy as members of Congress and the President enhance their efforts to craft deficit reduction proposals ahead of a debt ceiling vote.

1 Comment

Filed under Budget, Party Leadership, Social Security, Taxes

One response to “On Deficit Reduction, Respective Senate Leaders Want Taxes and Social Security Left Alone

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