GOP Senators and Officials Clash with Biden Administration over Social Security Plan

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Source: Yahoo Finance
TL;DR Summary

Republican senators pressed Treasury Secretary Janet Yellen on the lack of a Social Security plan in President Biden's recent budget proposal during a Senate Finance Committee hearing. Yellen defended her and Biden's motives, but provided few new details beyond saying that Social Security is a priority for the president and reiterating that the Biden administration would agree to no benefit cuts. The omission of a plan for Social Security in the budget is in striking contrast to Medicare, where the President did offer a detailed plan. Talks are underway across Capitol Hill for how to shore up the program with the most prominent effort led by Sens. Cassidy and Angus King (I-ME).

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