The AARP, which claims 35 million members age 50 and over, is “against a solution that hasn’t been written yet,” said House Majority Leader Tom DeLay after a closed-door meeting with the GOP rank and file.
He called the group’s opposition to personal accounts irresponsible and hypocritical, adding that it sells mutual funds to its own membership.
In response, an AARP spokesman said the organization is “opposed to the central notion of trying to improve Social Security solvency by taking money out of Social Security.”
“Even the administration has acknowledged that taking money out of Social Security does nothing to solve the solvency problem,” said the spokesman, David Certner. He also said AARP encouraged its membership to invest in mutual funds “in addition to Social Security.”
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