Democrats scrutinize State Department plan to overhaul Social Security
The Democratic chairmen of two House panels are scrutinizing a State Department plan to overhaul Social Security that they say unfairly takes away Americans’ entitlement benefits in exchange for a quick cash payment.
The policy proposal, known as the “Eagle Plan,” is one of the options that have circulated in the Trump administration to address concerns about the ballooning national debt due to massive federal spending to combat the economic downturn caused by the coronavirus outbreak.
Reps. Joaquin Castro (Tex.), the chairman of the Foreign Affairs subcommittee on oversight and investigations, and John B. Larson (Conn.), the chairman of the Ways and Means subcommittee on Social Security, sent a letter to a State Department official on Thursday asking for the “complete and unredacted” version of the plan, a list of the individuals who contributed to it and any other related documents.