Social Security is a plan that actually was designed in a much different time, in a different era, and with a different set of American demographics in mind.

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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.

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Social Security faces financial problems down the road because of demographics.

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Social Security is a social insurance program - it is not designed to be the same thing as a 401(k).

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Since Social Security was established by President Franklin D. Roosevelt in 1935 to ensure economic security for American workers, poverty among American seniors has dramatically declined.

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The privatization plan weakens Social Security and threatens our economic security by creating trillions of dollars in new debt.

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Social Security is not a retirement savings plan; it is a social insurance program. It's a contract that says, as a society, we will look out for you and your family when you can no longer work.

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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.

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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.

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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.

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The President has no real plan to address the fiscal challenges arising from the retirement of the baby boom generation, let alone a plan to fix Social Security.

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I am emphatically against the privatization of Social Security. It is going to hurt millions of American women, American families and ultimately the whole country.

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The Social Plan

I know a very tiresome Man
Who keeps on saying, "Social Plan."
At every Dinner, every Talk
Where Men foregather, eat or walk,
No matter where, -- this Awful Man
Brings on his goddam Social Plan.

The Fall in Wheat, the Rise in Bread,
The social Breakers dead ahead,
The Economic Paradox
That drives the Nation on the rocks,
The Wheels that false Abundance clogs --
And frightens us from raising Hogs, --
This dreary field, the Gloomy Man
Surveys and hiccoughs, Social Plan.

Till simpler Men begin to find
His croaking aggravates their mind,
And makes them anxious to avoid
All mention of the Unemployed,
And leads them even to abhor
The People called Deserving Poor.
For me, my sympathies now pass
To the poor Plutocratic Class.
The Crowd that now appeals to me
Is what he calls the Bourgeoisie.

So I have got a Social Plan
To take him by the Neck,
And lock him in a Luggage van
And tie on it a check,
Marked MOSCOW VIA TURKESTAN,
Now, how's that for a Social Plan?

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The administration's reckless plan doesn't do one thing to ensure the long term security of social security, rather it undermines our economy. We need a budget and a fiscal policy that reflects the values and interests of America and restores fiscal discipline.

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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.

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Republicans are manufacturing a Social Security crisis that does not exist in order to dismantle Social Security.

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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.

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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.

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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.

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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.

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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.

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