Ricochet is the best place on the internet to discuss the issues of the day, either through commenting on posts or writing your own for our active and dynamic community in a fully moderated environment. In addition, the Ricochet Audio Network offers over 50 original podcasts with new episodes released every day.
Start Paying Attention to Social Security, Whatever Your Age
After the late Sen. Robert Dole (R-KS) passed away earlier this month, I visited YouTube to watch his Senate farewell address. He resigned from the Senate as Majority Leader and as the Senior Senator from Kansas on June 11, 1996. I had a front-row seat for his speech as Secretary of the Senate.
During that speech, Dole considered helping extend the solvency of Social Security, which teetered on the edge of bankruptcy in 1983, as his single most significant legislative achievement, among many. It was a bipartisan agreement that included reforms insisted by Republicans (phasing in the age to receive full retirement benefits, including mine) and tax hikes demanded by Democrats. It was signed into law by President Ronald Reagan, flanked by a happy bipartisan delegation from Congress, along with Treasury Secretary Don Regan.