At a news briefing about President Biden’s new economic strategy for the 2024 fiscal year, Senator Cassidy and Treasury Secretary Yellen got into a contentious argument. A number of Social Security-related improvements are included in the plan, including raising benefits for some elderly who are low-income earners, developing a new program for family carers, and increasing financial support for the Social Security Administration.
Sen.Bill Cassidy:"Why doesn't the president care?"— Truthseeker (@Xx17965797N) March 16, 2023
Janet Yellen:"He cares very deeply."
Sen. Cassidy:"Then where is his plan?"
Yellen:"He stands ready to work with Congress."
Sen. Cassidy:"That's a lie! A bipartisan group of senators have repeatedly requested to meet with him pic.twitter.com/G6XlUG394c
Legislators have reacted to the plan in a variety of ways. Some have expressed support for the reforms while others are concerned about how they would affect the federal budget deficit.
Senator Cassidy was one of the legislators that voiced opposition to the concept and frequently questioned Secretary Yellen as to why the president had not put up his own proposal. The president is prepared to cooperate with Congress, said Yellen in response.
This response, according to Senator Cassidy, did not satisfy him because a bipartisan group of senators had previously asked to meet the president.
“THAT’S A LIE”; GOP Senator Grills Janet Yellen Over Biden Stonewalling Social Security Protections https://t.co/lOJX1ex11k— Patriot911 (@Patriot911News) March 16, 2023
He then asserted that Yellen was lying and that the president was unconcerned with the matter. Yellen strongly rebuked this claim and defended the president’s dedication to cooperating with Congress on the matter.
It is evident that President Biden’s suggestions for Social Security reform are debatable, and it is unclear whether or not they will be put into effect.
It is troubling, though, that the president has opted to rely on Congress to come up with a solution rather than presenting his own idea. The American people are harmed by the president’s lack of initiative, which demonstrates his lack of commitment to tackling the Social Security reform issue.
In order to go forward with a solution that benefits everyone, it is time for President Biden to take the lead and provide his own proposal for Social Security reform.