Sen. Mark Warner: ‘Gang Of Six’ Looking At Social Security Changes, Not Raising Tax Rates
Amanda Terkel- HuffPost
First Posted: 04/17/11 01:29 PM ET Updated: 04/17/11 05:38 PM ET
WASHINGTON — The bipartisan “gang of six” may recommend changes to Social Security as part of its deficit-reduction plan, even though some Democrats have insisted such a proposal would be a non-starter.
“You know, part of this is just math — 16 workers for every one retiree 50 years ago, three workers for every retiree now,” Sen. Mark Warner (D-Va.), a member of the group, told CBS “Face the Nation” host Bob Schieffer on Sunday.
Warner credited House Budget Committee Chair Paul Ryan (R-Wis.) for producing a “serious” budget plan but criticized him for not proposing any way to raise revenues while transferring “more responsibility onto our seniors in terms of paying for health care.”
“What we’re doing is we’re saying everything has to be on the table,” he said. “Entitlement reform, dramatic spending cuts, looking at tax reform.” While Ryan’s plan primarily talks about lowering tax rates, Warner said the gang of six is also looking at raising revenue by eliminating some of the tax expenditures.