House Panel to Take Up Bill to 'Fast Track' Social Security Cuts

Nancy Altman, president of Social Security Works, said the "proposed commission is Robin Hood in reverse — multi-millionaire Senators plotting to steal working people's earned Social Security and Medicare benefits behind closed doors.

"Anyone who supports this commission is supporting cuts to Social Security and Medicare, and we will make sure the American people know it," Altman opined.

Maya MacGuineas, president of the Committee for a Responsible Federal Budget, applauded the introduction of the bill, stating that "historically, commissions have played pivotal roles in safeguarding Social Security, improving military efficiency, enhancing national security, innovating tax code improvements, and guiding the national discourse on fiscal policy."

"The commission's primary mission would be to produce a plan to improve the nation's fiscal trajectory with bipartisan backing," according to MacGuineas.

Dan Adcock, director of government relations and policy at the National Committee to Preserve Social Security and Medicare, told ThinkAdvisor previously that the Senate bill includes "'fast-track' language that would allow changes to Social Security to be expedited through Congress outside of regular order, which we have long opposed."