Others feel the trade-off is worth it.
This voluntary paid leave system would deliver an important benefit to parents without disrupting businesses or burdening taxpayers, said Carrie Lukas, president of the Independent Women’s Forum.
“This approach is about reforming our entitlement system to make it more flexible and modern and responsive to the needs of workers today,” Lukas said. “It’s a way to help people by rationalizing the safety net to give people access when they need it most, rather than expanding government yet again.”
Another concern some opponents have is that it may encourage other proposals to tap Social Security for non-retirement needs.
Indeed, another bill recently introduced would offer student debt relief to people who agree to wait longer to collect their Social Security benefits.
“It’s like you’re borrowing against your IRA to pay for a mortgage,” said Kathleen Romig, a senior policy analyst at the Center on Budget and Policy Priorities. “Leakage is already a big problem with 401(k)s and IRAs.”
“We don’t have a headache with Social Security,” she added. “Why add it?”
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