Word: kerrey
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...first problem, Kerrey said, is that "[Social Security] is not going to be able to keep all its beneficiaries...
Government intervention in the 1960s reduced the number of uninsured Americans over age 65 from 50 percent to zero, said Kerrey, a specialist on entitlement reform, but between 1995 and 1996, more than one million Americans went from being insured to being uninsured...
...marketplace is not working for a lot of people today," said Kerrey. Congress, therefore, has a responsibility to "change" entitlement programs, "bearing in mind past successes...
...Kerrey did not discuss the "specific proposal" he and retiring Sen. Alan Simpson (R-Wyo.) have prepared regarding changes in Social Security and Medicare but instead described present-day problems that the proposal addresses...
...policy, the government must not divert funds away from appropriations that are essentially investments in the future, Kerrey said...