Social Security is a sacred trust. You get your paycheck docked every week with a FICA payment to protect yourself from destitution in old age. The problem is that the government collected that money, spent it, and now wants you to pay it back. That's like saving money and then finding out you gave it to Bernie Madoff.
That's nutty. Worse, it's immoral.
America should have an un-raidable sovereign wealth fund like many other rich nations. A place where the money that funds our social programs can be protected from greedy politicians and where we can be certain it will grow in an extremely modest and conservative way.
You can't tell people who trusted you to protect their future that you spent their future. It's not fair, a deal is a deal.
Pensions have become a vehicle to avoid paying your workers. Be it in government or private industry, too often when an organization is mismanaged it's the pension fund which is the victim. We can and should fix that problem because a deal is a deal. I'll introduce legislation that makes: