Sens. Bill Cassidy and Angus King are leading an effort aimed at bringing the Republican and Democratic parties together to 'preserve and protect the retirement security of all Americans,' they said in a joint statement.
The two senators offered some specific, possible solutions Friday while steering clear of some of the biggest challenges.
The two parties are far apart on how to deal with Social Security, with Biden and Democrats calling for new revenues to fund the long-term shortfall and enhance benefits, while many Republicans push for reducing spending in the long run.who have in recent years proposed a variety of cuts, such as raising the eligibility age of Social Security, hoping to turn seniors who strongly support the program against the GOP.as House Speaker Kevin McCarthy calls for spending cuts.
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