Former New Jersey Gov. Chris Christie suggested changes to entitlement programs like Social Security and Medicare during a conservative radio host Erick Erickson’s conference in Atlanta. He emphasized the need for changes due to the programs running out of money. Mr. Christie criticized lawmakers in Congress for not wanting to make changes, calling them “liars and cowards.” He also proposed increasing the age eligibility for Social Security and Medicare and implementing means-testing for Social Security benefits. These changes were not included in the final debt ceiling deal earlier this year.
Social Security benefits and other entitlement programs make up about half of the federal budget. Mr. Christie argued that eligibility changes and means-testing are necessary conversations to have. He pointed out that wealthy individuals like Warren Buffet do not need to receive Social Security benefits. However, he acknowledged that not many candidates in the presidential race were willing to discuss these topics.
It is important to address the financial challenges facing Social Security and Medicare to ensure the sustainability of these programs for future generations. While Chris Christie’s proposals may be controversial, they add an additional perspective to the conversation about entitlement reform.
