(FixThisNation.com) – Former VP Pence has said that a conversation regarding reforming Social Security was necessary. This statement was made after Speaker McCarthy (R-Calif.) had said that there would be no cuts made to either Social Security or Medicare and that those two programs were not up for discussion during the debt ceiling talks.
On Friday, Yahoo News reported that Pence, who is speculated to be considering a 2024 presidential run, discussed the possibility that Social Security would need to reform during a meeting of the National Association of Wholesaler-Distributors.
Pence started off by saying that 70 percent of federal government spending is on entitlement programs which shows that a discussion is necessary. Pence during his remarks pointed out that he had previously been involved when former President George W. Bush was trying to have a Social Security reform and was trying to make the program private. However, the proposal did not go through as Congress had not supported the plan.
Pence also added that the country needs a leader who is going to assure older Americans that nothing would change, but that would also provide the younger generation with better options. He noted that it was not possible to continue on this route of just acquiring more debt which will later on fall “on the backs of those grandchildren.”
The Democrats and the Republicans are currently starting negotiations for an increase in the country’s debt ceiling. The Republicans want spending cuts to be a part of the deal reached.
Copyright 2023, FixThisNation.com