The Social Security trust fund is in pretty good shape today and we should not embark upon risky, dangerous schemes which will, in fact, undermine Social Security, such as privatization.
quote by Max Baucus
Submitted by Lucian Velea
Vote! | Copy!
Related quotes
I agree that we must expand opportunities for retirement saving, but we must not undermine this worthy effort with a flawed privatization scheme that takes the 'security' out of Social Security.
quote by Mary Landrieu
Submitted by Lucian Velea
Vote! | Copy!
It's time to stop the raid on the Social Security trust fund and start allowing Americans to invest their Social Security taxes in personal savings accounts.
quote by Mike Pence
Submitted by Lucian Velea
Vote! | Copy!
The president and Republicans in Congress have repeatedly promised to revisit Social Security privatization after November. But Americans have already said, loud and clear, that they don't want Social Security to be privatized or dismantled.
quote by Jim Clyburn
Submitted by Lucian Velea
Vote! | Copy!
Let me be clear, the discussions about Social Security are not about the retirement security of those Americans who are 55 or older - the Social Security system for those folks 55 and over will not change in any way shape of form - no ifs, ands, or buts.
quote by Norm Coleman
Submitted by Lucian Velea
Vote! | Copy!
However, the Administration's plan to privatize Social Security will undermine retirement security for all Americans by cutting guaranteed benefits by more than 40 percent, and risky private accounts won't make up for the loss of benefits for millions of Americans.
quote by Ruben Hinojosa
Submitted by Lucian Velea
Vote! | Copy!
By requiring that any surplus in Social Security taxes be returned to the American people in personal savings accounts, the plan ensures that Social Security taxes will be used for Social Security.
quote by Mike Pence
Submitted by Lucian Velea
Vote! | Copy!
The privatization plan weakens Social Security and threatens our economic security by creating trillions of dollars in new debt.
quote by Ruben Hinojosa
Submitted by Lucian Velea
Vote! | Copy!
We want to develop innovative ways to promote savings so more Americans can save for their future, but first we need to reject privatization schemes and work together to strengthen Social Security.
quote by Debbie Stabenow
Submitted by Lucian Velea
Vote! | Copy!
I have the highest number of Social Security recipients of any Member of Congress, and it is always good to hear about how women in their districts are affected by any changes, by the need for changes in Social Security.
quote by Ginny B. Waite
Submitted by Lucian Velea
Vote! | Copy!
I do not believe that the Social Security system is in crisis. The Social Security Administration itself recently reported that the system is able to pay full benefits as they are defined today until at least 2042.
quote by James T. Walsh
Submitted by Lucian Velea
Vote! | Copy!
It has to have a payroll tax that's dedicated to Social Security. The Social Security tax has been very successful over the years in raising almost all of our elderly citizens out of poverty.
quote by James Roosevelt
Submitted by Lucian Velea
Vote! | Copy!
No matter how you cut it, this real debate on personal accounts is about the legitimacy of Social Security; it's not about the solvency of Social Security.
Republicans are manufacturing a Social Security crisis that does not exist in order to dismantle Social Security.
quote by Diane Watson
Submitted by Lucian Velea
Vote! | Copy!
Even the Congressional Budget Office and the Social Security trustees appointed by the president say that Social Security is financially sound, without any changes for the next 40 to 50 years.
quote by James Roosevelt
Submitted by Lucian Velea
Vote! | Copy!
Social Security, for example - I'm 43. I've paid into the system. You know what? That money has been stolen from me. I know that my parents who are on Social Security - they've got to continue to receive it. They're dependent on it. It is their primary source of income.
quote by Joe Miller
Submitted by Lucian Velea
Vote! | Copy!
The 1993 Social Security tax penalizes seniors who have planned for their retirement through savings, investment and hard work. That's wrong, and that's why the double tax on Social Security must end.
quote by Rob Simmons
Submitted by Lucian Velea
Vote! | Copy!
There's been a lot said about Social Security reform. What has been left out of the debate is the double tax on Social Security benefits. I believe it's time to get rid of a tax that punishes seniors and discourages work and retirement savings.
quote by Rob Simmons
Submitted by Lucian Velea
Vote! | Copy!
Not only is privatizing Social Security not the solution to Social Security, it would exacerbate the problem.
quote by Shelley Berkley
Submitted by Lucian Velea
Vote! | Copy!
While it is clear that we need to make some adjustments to protect Social Security for the long term, it is disingenuous to say that the trust fund is facing a crisis.
quote by Carl Levin
Submitted by Lucian Velea
Vote! | Copy!
On the other end of the spectrum, these women who do live long enough to collect Social Security face the challenge of being disproportionately dependent on the Social Security system for retirement income.
quote by Ginny B. Waite
Submitted by Lucian Velea
Vote! | Copy!