McCotter Trailblazes Social Security Prosperity
This column by ACRU General Counsel and Senior Fellow for the Carleson Center for Public Policy (CCPP) Peter Ferrara was published October 12, 2011 on The American Spectator website.
On September 12, the pioneering Rep. Thaddeus McCotter introduced trailblazing legislation providing workers the freedom to choose personal savings and investment accounts to finance half of their future Social Security benefits. This legislation would completely solve the future Social Security financing problem, without cutting benefits or raising taxes, as officially scored by the Chief Actuary of Social Security.
Indeed, because standard, long-term market investment returns are so much higher than what Social Security even promises, […]

