Congress must act now to solve the problems that are looming on the horizon for social security. Hesitating will only make the problem more challenging and more costly to solve. Rather than keeping the system as it is presently, I encourage the development of personal accounts to prepare for retirement.
It is important to consider the needs of those who currently rely on the Social Security system while simultaneously considering the requirements of those who will retire in the future. I believe that an individual's chance to place part of their earnings in a 401(k) or Individual Retirement Account (IRA) will be more beneficial and more profitable than reliance upon Social Security.
In order to raise awareness of Social Security's problems, I co-sponsored the resolution entitled "Expressing the sense of the House of Representatives that Social Security is a vital program facing bankruptcy, which must be reformed" (H. Res. 168).