Social Security
issue could give SC senators clout
JIM
DAVENPORT Associated
Press
COLUMBIA, S.C. - Expected debate on Social
Security in the Senate next year should give South Carolina's
relatively green senators more exposure than newcomers usually
warrant.
Sen. Lindsey Graham and Sen.-elect Jim DeMint, both Republicans,
have worked on the issue for years and could have leading roles in
the discussions about Social Security that President Bush made one
of his second-term priorities last week.
"We'll reform our outdated tax code. We'll strengthen the Social
Security for the next generation," Bush said as he laid out his
agenda in a victory speech.
"What we're seeing now is the culmination of a lot of political
capital that has been spent," DeMint said this week. Social Security
"is no longer the third rail. People have touched it and lived."
He and Graham say action needs to come next year.
The next federal budget will have to include plans for up to $30
billion in Social Security subsidies, DeMint said. Congress now has
to face decisions about cutting future benefits or raising
contributions. "That's not something we can avoid any longer,"
DeMint said.
Bush and the Senate have little time to get major work done,
Graham said.
"It's about momentum. ... You've got to strike while the iron is
hot," he said. "Six months from now, people will be thinking about
the 2006 Senate elections and the House elections" and support could
fade.
The presidential push is good news for Graham and DeMint - and
it's a bit of relief for South Carolinians, some of whom fretted the
state would lose clout in Washington as the Senate delegation went
from being one of the nation's grayest to its greenest.
Graham won his seat in 2002 as the nation's longest-serving
senator, Strom Thurmond, retired. Last week, DeMint won the seat
that longtime Sen. Ernest "Fritz" Hollings will retire from in
January.
Historically, freshmen were seldom seen taking big roles in key
Senate debates.
"These days in the Senate, seniority is helpful, but it is not
everything like it used to be. What matters today in the Senate is
if you can gain credibility on a policy issue," said Furman
University political scientist Danielle Vinson.
With Social Security, "the fact that they've thought it through
and can speak confidently on the subject certainly gives them
clout," she said.
Graham and DeMint back plans to create personal savings accounts
for younger workers while preserving the existing benefits of older
workers and retirees.
Their plans aren't cheap; most agree the transition will cost at
least $1 trillion.
Supporters say there is no other plan to deal with projected
shortfalls as more baby boomers retire and the system begins paying
out in benefits more than it collects in taxes in 2018.
Graham, who gained national recognition as a House prosecutor
during President Clinton's impeachment, has introduced a bill that
follows a recommendation of Bush's Social Security overhaul
commission. It would let workers divert 4 percent of their payroll
taxes into savings accounts and spreads transition costs over 10 to
15 years.
The transition costs could be handled by closing tax loopholes,
decreasing pork barrel spending, borrowing money or increasing the
cap on payroll taxes, Graham says.
He and DeMint know the political pressure that accompanies Social
Security changes. Graham's overhaul plans in the House became a
constant source of criticism in his Senate campaign two years
ago.
DeMint's proposals also were criticized in this year's campaign
but not nearly as much as his plans to overhaul the federal tax
code. DeMint co-sponsored a House bill to implement a 23-cent
national sales tax and end income and other taxes.
In a congratulatory call last week, Bush, who has rejected
national sales tax concepts, encouraged DeMint to maintain his push
for Social Security and tax reform.
"We talked about those two things. He said, 'Now is the time to
get it done,'" DeMint said.
Graham likely will take a more visible role in the Social
Security fight than DeMint, said Clemson University political
scientist Dave Woodard. DeMint is "not a show horse, he's a
workhorse," Woodard
said. |