Orszag on Simpson-Bowles on Social Security

by Daniel Foster

In his New York Times column this morning, former Obama OMB director Peter Orszag more or less endorses (with hope for some changes) the kind of Social Security reform laid out in the fiscal commission co-chairs’ proposal, and chastises “progressives” for not getting behind it.

We’re at about 14:05 in the 1st quarter on entitlement reform, but this is certainly a good start for Republicans. This is a panel whose recommendations President Obama ominously warned would serve as a test of Republicans’ seriousness on deficit reduction.  Its chairs preempt its elected members by going public with a proposal conservatives more or less like and liberals more or less hate, and now it has the qualified backing of Obama’s budget guru.