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We Need to Allow Young Workers to Opt in to Personal Account Outside Social Security

On Friday's WBUR's “Here and Now” broadcast, Outstanding Government Efficiency (DOGE), caucus co-chairman Rep. Pete Sessions (R-Texas) called for raising the retirement age to fix Social Security. He argued that it was not necessary. “We need to allow new workers in this country to opt in to their own accounts,” and “perhaps the portion provided by employers could go toward funding Social Security to flatten the curve.”

The session began by saying the caucus' first focus is efficiency, and the caucus said it would “bend.” [the] The Curve of Money Spent on Illegal Immigration.”

After the discussion turned to eligibility, Sessions said he didn't think raising the retirement age by a year or two would have much of an impact, saying it would simply be “a wasted effort.” In fact, in my opinion, we need to give new workers in this country the ability to opt into their accounts for at least half of the money that comes in.[es] To fund this. …How do we take care of workers like my 36-year-old son? And we should create a system where he doesn't have to rely on Social Security, but he can still have his own personal account, and maybe that employer-provided portion will help ease the curve. The money will be used to fund social security for the purpose of ”

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