In an interview on CNBC, Romney, who introduced similar bills in 2019 and 2021, acknowledged the resemblance of the idea to past bipartisan negotiations. “Republicans want cuts to Social Security, Medicare, and other social programs, but they want the Democrats to take the heat for it. They proposed a tax reform that would raise more revenues and changes that would cut Medicare and Social Security, including raising the eligibility age. After months of talks, mostly behind closed doors, the committee closed up shop without agreement, and the across-the-board budget cuts took effect in 2012, with both parties blaming the other. Getting ahead of the Social Security debate may be one reason why Republicans want to see a commission.

Source: Huffington Post November 17, 2023 15:25 UTC