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OWH: Bob Kerrey unveils plan to shore up Social Security

30 July 2012

Will Nebraska's two U.S. Senate candidates compete to sell financial pain to voters?

Maybe.

Democrat Bob Kerrey has rolled out a rescue plan for Social Security that he says will thrill no one. But its double-whammy approach - both raising taxes and reducing benefits - is the only realistic way to save the popular program from insolvency, he said at a press conference Monday in Omaha.

"Any solution that draws a round of applause is the wrong one," he said.

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OWH: Bob Kerrey unveils plan to shore up Social Security