There is no shortage of plans or ideas — and some people say any plan must include big spending cuts, from defense to entitlements, as well as tax increases.
Nevertheless, those plans, such as that in the Simpson-Bowles Commission, as well as proposals from a number of political leaders, include a variety of changes to Social Security, from cutting benefits to raising the retirement age.
Thus far, President Barack Obama has been largely silent on the issue of reform— while his former GOP challenger Mitt Romney endorsed an increase in the retirement age — suggesting that Social Security is not a priority.
Still, given the growing retirement concernsof middle class Americans, and the pressure to make fundamental changes to federal fiscal policy, some say now is the time to improve the system.
Where do you stand on how to reform Social Security?