Tim Penny

United StatespoliticianMale6.0Global Dominance: 0.01%

Tim Penny is a former U.S. Congressman who served Minnesota's 1st congressional district from 1983 to 1995. He is known for his work on fiscal policy and social safety net programs, particularly during his time in Congress when he proposed a flat-rate cost-of-living adjustment (COLA) for Social Security beneficiaries in 1987. This proposal aimed to create a more equitable adjustment system for Social Security payments and has recently resurfaced in discussions about addressing the looming insolvency of the Social Security program.