Rick Santorum on Social Security
Republican Jr Senator (PA)
|Using Social Security taxes for private accounts|
A: I only support using Social Security taxes to fund private accounts if such an option is voluntary. I believe that Social Security must remain a program that our children & grandchildren can depend on-we owe it to them to provide for their retirement security as they have provided for current and previous generations. As proposals for strengthening and improving this valuable system for future retirees are considered, I believe that all options should remain on the table. I take seriously my responsibility of working to protect current and near retirees, while ensuring sustainable financial security and peace of mind for future generations.
Q: When you ran first for the Senate in 1994 you said, “You can raise taxes, you can cut benefits, or you can push back the retirement age in the future.” You also said, “It is ridiculous if we have a retirement age in this country of age 65 today. Push it back to at least 70. I’d go even farther if I could, but I don’t think I could pass it.” Will you push retirement age back because of the huge influx of baby boomers?
SANTORUM: Yeah, everybody in Pennsylvania has seen that quote because it’s been out on [Casey’s] advertisement.
Q: Well, you said it.
SANTORUM: I did say it. But I’ve had 12 years in the US Senate and I haven’t introduced or voted for anything like that because I think that there’s a better way. The alternatives at the time, as you heard me lay out, were either raise taxes or cut benefits or push back the retirement age. I think there’s a third option now that I have been an advocate for, and that’s personal retirement accounts.
CASEY: I don’t agree with your premise. I don’t think you’re talking about a crisis. The crisis is privatization. Your guarantee is what The Philadelphia Inquirer called “snake oil.”
SANTORUM: That’s no answer.
Santorum has since backed away from raising the retirement age, but he’s in the forefront of pushing for younger workers to be allowed to invest part of their payroll taxes themselves. He says it is their money and they have a right to try for better returns than the program currently provides.
The mission of the Alliance for Retired Americans is to ensure social and economic justice and full civil rights for all citizens so that they may enjoy lives of dignity, personal and family fulfillment and security. The Alliance believes that all older and retired persons have a responsibility to strive to create a society that incorporates these goals and rights and that retirement provides them with opportunities to pursue new and expanded activities with their unions, civic organizations and their communities.
The following ratings are based on the votes the organization considered most important; the numbers reflect the percentage of time the representative voted the organization's preferred position.
|Other candidates on Social Security:||Rick Santorum on other issues:|
GOP: Sen.John McCain
GOP V.P.: Gov.Sarah Palin
Democrat: Sen.Barack Obama
Dem.V.P.: Sen.Joe Biden
Constitution: Chuck Baldwin
Libertarian: Rep.Bob Barr
Constitution: Amb.Alan Keyes
Liberation: Gloria La Riva
Green: Rep.Cynthia McKinney
Socialist: Brian Moore
Independent: Ralph Nader