FreedomWorks Joins Panel of Senators, Representatives, and Pro-Reform Groups to Support Personal Accounts

Today, FreedomWorks Policy Director Max Pappas participated in a Congressional Social Security Roundtable discussion with Senator John Sununu (R-N.H.), Senator Jim DeMint (R-S.C.), Representative Paul Ryan (R-Wis.), Representative Adam Putnam (R-Fla.), The Cato Institute, The Heritage Foundation, National Review, The Alliance for Worker Retirement Security, Students for Saving Social Security, America’s Future Foundation, and other pro-reform activists.

The panel discussed the importance of strengthening Social Security by allowing all workers the choice of owning a portion of their Social Security tax dollars through a voluntary personal retirement account, like a GROW Account. This type of voluntary personal account is gaining popularity in the House and a similar plan in the Senate. Both plans allow workers the option of taking the Social Security surplus and placing it into accounts that they own and can pass on to their children.

FreedomWorks Policy Director Max Pappas commented:

“I’ve spoken to many groups around the country and always get asked the same question: Why is it so hard for Washington to pass this proposal that would simply give workers the option of being able to save some of their own money for retirement? I tell them that I’m not sure and suggest they call their representatives in Congress and ask the same question. It is through grassroots activism like this that good policy becomes law.”

“The American people know and understand the idea of ownership and the power of the freedom to choose. And they want ownership and freedom in their retirement planning. That is what personal accounts, like those in the GROW Accounts Act, provide.”

The archived webcast of the event is online at:

http://src.senate.gov/video/archive.ram