Rod Grams on Social Security replacement plan
October 6, 1998 - Rod Grams, Minnesota Republican U.S. Senator, discusses his plan for phasing out social security with IRA style personal retirement accounts and welfare style federal safety net. The proposed bill is called “The Personal Security and Wealth and Retirement Act.” Grams also answers listener questions.
Toward end of program, Virginia Reno, Director of Research for National Academy of Social Insurance, shares details on subject of Social Security reform.