Social Security
Candidates’ policies regarding the future of the Social Security program and how to sustain it - or not. Further positions on entitlement programs may be found in the Jobs & Unemployment and Welfare & Poverty sections.
Candidates’ policies regarding the future of the Social Security program and how to sustain it - or not. Further positions on entitlement programs may be found in the Jobs & Unemployment and Welfare & Poverty sections.
Words: McCain feels that there should be the individual option to invest Social Security funds and seems flexible on raising the cap on payroll tax. He believes that the trust fund should not be used for any “emergency spending”. (more…)
Words: Obama believes that any efforts to privatize Social Security should be stopped. He supports an earning cap of $97,500.
Actions: Obama voted AGAINST establishing reserve funds (more…)
Words: Romney believes we should honor the expectations of Social Security recipients, but should reform the whole entitlement program, finding ways to bring down costs.
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Words: Biden is opposed to the privatization of social security. He feels that senior fraud can be prevented through education.
Actions: Biden voted FOR deducting Social Security payments (more…)
Words: Clinton believes that we should make sure no one ever tries to privatize Social Security, which she considers “one of the greatest inventions in American democracy” and feels it protects families in addition to retirees. She believes it can be secured (more…)
Words: Edwards supports raising or even eliminating the $90,00 cap on Social Security contributions. He opposes raising the retirement age and advocates keeping the stock market out of Social Security: “I oppose diverting payroll taxes to private accounts (more…)
Words: Giuliani believes “the country must fix the Social Security system” by “allowing some investment in private accounts”.
Actions: No record. (more…)
Words: Huckabee supports personal retirement accounts and has defended the Bush administration’s desire to privatize Social Security. He also advocates replacing payroll tax with a FairTax system.
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Words: Kucinich strongly opposes privatizing Social Security and feels that the retirement age should be returned to 65. He also feels that we should strengthen protections for private pensions.
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Words: Paul believes that personal retirement accounts allow one to invest in one’s future. He argues that the federal government won’t keep its entitlement promises.
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Words: Richardson feels we should stop talking about privatization and stop raiding the Social Security trust fund. He believes that budget reform can solve the funds liquidity.
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Words: Thompson supports a partial privatization of Social Security and feels we should explore current recipients sacrificing some of their benefits for future generations. He supports raising the eligibility age and employing means testing for Medicare deductibles. (more…)