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Tom Carper on Social Security

Democratic Sr Senator (DE)


Private accounts as an add-on, not full privatization

Pires attempted to attack Carper on Social Security, accusing the senator of supporting a plan to privatize the government program by putting Americans' retirement funds in private accounts. He called Carper a "proponent of privatization," reading quotes from 2005 that appeared to reflect Carper's support for the move.

Carper said he only supported private accounts as an add-on to the traditional Social Security program. Carper added that he opposed a full privatization measure proposed by President George W. Bush in 2005. In fact, he and other lawmakers sent a letter to then-President Bush on March 3 of that year calling on the Republican to "publicly and unambiguously announce that you reject privatized accounts funded with Social Security dollars."

Source: Delmarva Daily Times on 2012 Del. Senate debate , Oct 17, 2012

Opposes privatizing Social Security

Make Social Security and Medicare sound for the long term by putting the surpluses in an ironclad lock box. Then use the savings from debt-reduction to extend the program’s solvency.
Source: Press Release, “Criticizes ‘Splurging Away’ Surplus”, Aug. 2 , Sep 19, 2000

Voted NO on establishing reserve funds & pre-funding for Social Security.

Voting YES would:
  1. require that the Federal Old Age and Survivors Trust Fund be used only to finance retirement income of future beneficiaries;
  2. ensure that there is no change to benefits for individuals born before January 1, 1951
  3. provide participants with the benefits of savings and investment while permitting the pre-funding of at least some portion of future benefits; and
  4. ensure that the funds made available to finance such legislation do not exceed the amounts estimated to be actuarially available.

Proponents recommend voting YES because:

Perhaps the worst example of wasteful spending is when we take the taxes people pay for Social Security and, instead of saving them, we spend them on other things. Even worse than spending Social Security on other things is we do not count it as debt when we talk about the deficit every year. So using the Social Security money is actually a way to hide even more wasteful spending without counting it as debt. This Amendment would change that.

Opponents recommend voting NO because:

This amendment has a fatal flaw. It leaves the door open for private Social Security accounts by providing participants with the option of "pre-funding of at least some portion of future benefits."

Make no mistake about it, this is a stalking-horse for Social Security. It looks good on the surface, but this is an amendment to privatize Social Security.
Reference: Bill S.Amdt.489 on S.Con.Res.21 ; vote number 2007-089 on Mar 22, 2007

Create Retirement Savings Accounts.

Carper adopted the manifesto, "A New Agenda for the New Decade":

Balance America’s Commitments to the Young and the Old
An ever-growing share of the federal budget today consists of automatic transfers from working Americans to retirees. Moreover, the costs of the big entitlements for the elderly -- Social Security and Medicare -- are growing at rates that will eventually bankrupt them and that could leave little to pay for everything else government does. We can’t just spend our way out of the problem; we must find a way to contain future costs. The federal government already spends seven times as much on the elderly as it does on children. To allow that ratio to grow even more imbalanced would be grossly unfair to today’s workers and future generations. In addition, Social Security and Medicare need to be modernized to reflect conditions not envisioned when they were created in the 1930s and the 1960s. Social Security, for example, needs a stronger basic benefit to bolster its critical role in reducing poverty in old age. Medicare needs to offer retirees more choices and a modern benefit package that includes prescription drugs. Such changes, however, will only add to the cost of the programs unless they are accompanied by structural reforms that restrain their growth and limit their claim on the working families whose taxes support the programs.

Source: The Hyde Park Declaration 00-DLC7 on Aug 1, 2000

Rated 60% by the ARA, indicating a mixed record on senior issues.

Carper scores 60% by the ARA on senior issues

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.

Source: ARA website 03n-ARA on Dec 31, 2003

Other candidates on Social Security: Tom Carper on other issues:
DE Gubernatorial:
Jack Markell
DE Senatorial:
Chris Coons
Christine O`Donnell

DE politicians
DE Archives

Retiring in 2014 election:
GA:Chambliss(R)
IA:Harkin(D)
MI:Levin(D)
MT:Baucus(D)
NE:Johanns(R)
SD:Johnson(D)
WV:Rockefeller(D)

Retired as of Jan. 2013:
AZ:Kyl(R)
CT:Lieberman(D)
HI:Akaka(D)
ME:Snowe(R)
ND:Conrad(D)
NE:Nelson(D)
NM:Bingaman(D)
TX:Hutchison(R)
VA:Webb(D)
WI:Kohl(D)
Senate Vacancies 2013:
HI:Inouye(D,Deceased)
HI:Schatz(D,Appointed)
MA:Kerry(D,Resigned)
MA:Cowan(D,Appointed)
MA:Markey(D,elected)
MA:Gomez(R,lost special election)
NJ:Lautenberg(D,Deceased)
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NJ:Booker(D,running)
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SC:DeMint(R,Resigned)
SC:Scott(R,Appointed)

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AK:Begich(D) vs.Miller(R) vs.Treadwell(R) vs.Sullivan(R)
AL:Sessions(R) vs.Bright(D)
AR:Pryor(D) vs.Cotton(R)
CO:Udall(D) vs.Buck(R) vs.Hill(R) vs.Baumgardner(R) vs.Stephens(R)
DE:Coons(D) vs.O`Donnell(R)
GA:Gingrey(R) vs.Nunn(D) vs.Perdue(R) vs.Handel(R) vs.Broun(R) vs.Kingston(R)
HI:Schatz(D) vs.Hanabusa(D) vs.Cavasso(R)
IA:Braley(D) vs.Whitaker(R) vs.Ernst(R) vs.Clovis(R)
ID:Risch(R) vs.LaRocco(D)
IL:Durbin(D) vs.Truax(R) vs.Oberweis(R) vs.Hansen(L)
KS:Roberts(R) vs.Tiahrt(R)
KY:McConnell(R) vs.Bevin(R) vs.Grimes(D)
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ME:Collins(R) vs.D`Amboise(R) vs.Bellows(D)
MI:Land(R) vs.Peters(D) vs.Wiedenhoeft(R)
MN:Franken(D) vs.Abeler(R)
MS:Cochran(R) vs.McDaniel(R) vs.Childers(D)
MT:Edmunds(R) vs.Daines(R) vs.Bohlinger(D) vs.Walsh(D)
NC:Hagan(D) vs.Tillis(R)
NE:Sasse(R) vs.Osborn(R) vs.Stenberg(R)
NH:Shaheen(D) vs.Martin(R) vs.Brown(R) vs.Smith(R) vs.Rubens(R) vs.Testerman(R)
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OK:Inhofe(R) vs.Silverstein(D)
OR:Merkley(D) vs.Conger(R)
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Page last updated: Dec 27, 2013