House Republicans seek to guarantee Social Security if debt ceiling reached

The Republican bill follows the introduction of a resolution from House Democrats that says it is the sense of the House that Social Security benefits should not be reduced.

Both bills are a reaction to comments from President Obama that reducing benefit payments under Social Security could be part of a broad compromise on a debt-ceiling agreement. These comments were roundly rejected by both Republicans and Democrats, and since then, efforts to reach a "grand bargain" that includes spending cuts and significant tax increases have stalled.

Aside from Posey, other Republicans on the bill are Reps. Blake Farenthold (Texas), Morgan Griffith (Va.), Bob Latta (Ohio), Jeff Miller (Fla.), Austin Scott (Ga.) and Daniel Webster (Fla.).