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John Garamendi on Social Security

 


Never allow Wall Street to touch Social Security

FDR's crowning domestic achievement was the creation of a retirement system that is reliable and immune to fluctuations in the stock market. Social Security works and provides a necessary source of income for our seniors. In Congress, I will never allow Wall Street to touch Social Security, and I will never support cuts to benefits--benefits very much deserved and needed.
Source: 2010 House campaign website, www.garamendi.org, "Issues" , Nov 3, 2009

Reject privatization; don't raise the retirement age.

Garamendi signed the Social Security Protectors Pledge

Some 200 Democratic House and Senate candidates have signed on to a pledge rejecting any effort to privatize or scale back Social Security benefits or raise the retirement age. The Progressive Change Campaign Committee sponsored this pledge among Congressional candidates.

Source: PCCC Survey 10-PCCC on Aug 11, 2010

Sponsored keeping CPI for benefits instead of lower "Chained CPI".

Garamendi co-sponsored Resolution on CPI

CONCURRENT RESOLUTION expressing the sense of the Congress that the Chained Consumer Price Index (CPI) should not be used to adjust Social Security benefits.