There is no looming crisis in Social Security, and Congress should not rush to create private accounts, Rep. Charles Rangel, D-N.Y. said Saturday.
� “The facts prove that there is no imminent crisis with Social Security. The nonpartisan Congressional Budget Office says Social Security can pay full benefits for nearly 50 years,” Rangel said in the Democratic weekly radio address.
Rangel, senior Democrat on the House Ways and Means Committee, invoked the memory of the late California Rep. Bob Matsui, his party’s former top member on the Social Security subcommittee, in disputing White House arguments that the system needs an overhaul to stay healthy.
Derail this destruction of Social Security. Make Gonzales answer for his actions. Act like an opposition party. Don’t give one single inch.