Critics Blast “Poisonous Recipe” For Retirement Policy

WASHINGTON — A national consortium of public-policy experts denounced proposals released today that would transform Social Security by setting up individual investment accounts and hiking the retirement age to 70.

The proposals came from a private panel of politicians, economists and business executives called the National Commission on Retirement Policy. The commission was handpicked by a conservative think tank, the Center for Strategic and International Studies.

“The commission is a dangerous farce,” said the Institute for Public Accuracy, a nationwide consortium of policy experts. “From the outset, the panel was rigged. It purposely excluded anyone who might defend the interests of working people and seniors. Now it has come up with a poisonous recipe for Social Security.”