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Tom Tancredo on Social Security

Republican Representative (CO-6)


Give people the ability to control their own money

Q: What about Medicare and Social Security?

A: We have to structurally change both Social Security and Medicare. All the stuff that we talk about in terms of discretionary spending that we can cut, ridiculous. It won’t matter in the total scheme of things. You’ve got to go after those and structurally change them. I agree entirely with the idea of doing it by giving people the ability to control their own money, moving it from--just exactly like they would in their 401(k).

Source: 2007 GOP primary debate in Orlando, Florida , Oct 21, 2007

Private Social Security accounts needed to end deficit

If you want to control federal spending, you must look at Social Security and Medicare, and it’s a dicey game. I know the president tried, touching that 3rd rail, [but] jumped back immediately.

But the reality is this: If you don’t do it, forget about reducing federal spending. It’s not going to happen. You better address Social Security. You better come up with a way to allow for private Social Security accounts, structurally fix both of those things, or forget the idea of ending deficit spending.

Source: 2007 Republican debate in Dearborn, Michigan , Oct 9, 2007

Personal retirement accounts allow investing in one’s future

Q: Current estimates for the unfunded liabilities of our Social Security system are as high as $10 trillion. Would you revive Pres. Bush’s attempt to introduce personal retirement accounts as a way to reform Social Security, thus allowing all Americans, particularly low-wage workers & the self-employed, an investment in their future & ownership in the inheritance they pass on?
Source: [Xref Huckabee] 2007 GOP Values Voter Presidential Debate , Sep 17, 2007

There is no question that the system is broken

There is no question that the system is broken. Projections show that by 2016, the only way to avert its collapse will be deep cuts in benefits, heavy borrowing, or substantial tax hikes. The best suggestion I have heard is to switch from a defined benefits approach to a defined contribution approach with payroll tax funded private investment accounts. These accounts would be made available to young workers and function similarly to 401Ks.
Source: 2008 House campaign website, www.teamtancredo.com, “Issues” , Sep 1, 2007

Voted YES on raising 401(k) limits & making pension plans more portable.

Comprehensive Retirement Security and Pension Reform Act of 2001: Vote to pass a bill that would raise the amount individuals may contribute to traditional and Roth Individual Retirement Accounts and to 401[k] plans and make pensions plans more portable
Reference: Bill sponsored by Portman, R-OH; Bill HR 10 ; vote number 2001-96 on May 2, 2001

Voted YES on reducing tax payments on Social Security benefits.

Vote to pass a bill that would reduce the percentage of Social Security benefits that is taxable from 85 to 50 percent for single taxpayers with incomes over $25,000 and married couples with incomes over $32,000. The revenues that would be lost for the Medicare trust fund would be replaced by money from the general fund.
Reference: Bill sponsored by Archer, R-TX; Bill HR 4865 ; vote number 2000-450 on Jul 27, 2000

Voted NO on strengthening the Social Security Lockbox.

Amending the Social Security Lockbox bill to require that any budget surplus cannot be spent until the solvency of Social Security and Medicare is guaranteed.
Reference: Motion to Recommit introduced by Rangel, D-NY; Bill HR 1259 ; vote number 1999-163 on May 26, 1999

Invest surplus Trust Fund in market certificates.

Tancredo co-sponsored investing surplus Trust Fund in market certificates

OFFICIAL CONGRESSIONAL SUMMARY: To ensure the integrity of the Social Security trust funds by requiring the Managing Trustee to invest the annual surplus of such trust funds in marketable interest-bearing U.S. obligations, and certificates of deposit in institutions insured by the FDIC, and to protect such trust funds from the public debt limit.

SPONSOR'S INTRODUCTORY REMARKS: Rep. PAUL: The Social Security Preservation Act is a rather simple bill which states that all monies raised by the Social Security trust fund will be spent in payments to beneficiaries, with excess receipts invested in interest-bearing certificates of deposit. This will help keep Social Security trust fund monies from being diverted to other programs, as well as allow the fund to grow by providing for investment in interest-bearing instruments.

The Social Security Preservation Act ensures that the government will keep its promises to America's seniors that taxes collected for Social Security will be used for Social Security. When the government taxes Americans to fund Social Security, it promises the American people that the money will be there for them when they retire. Congress has a moral obligation to keep that promise.

The return of massive federal deficits, and the accompanying pressure for massive new raids on the trust fund, make it more important than ever that Congress protect the trust fund from big spending, pork-barrel politics. I call upon all my colleagues, regardless of which proposal for long-term Social Security reform they support, to stand up for America's seniors by cosponsoring the Social Security Preservation Act.

LEGISLATIVE OUTCOME:Referred to House Subcommittee on Social Security; never came to a vote.

Source: Social Security Preservation Act (H.R.219) 03-HR0219 on Jan 7, 2003

Rated 30% by the ARA, indicating an anti-senior voting record.

Tancredo scores 30% 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

2012 Governor, House and Senate candidates on Social Security: Tom Tancredo on other issues:
CO Gubernatorial:
John Hickenlooper
CO Senatorial:
Amy Stephens
Ken Buck
Mark Udall
Michael Bennet
Owen Hill
Randy Baumgardner



Lame-duck session 2012:
KY-4: Thomas Massie(R)
MI-11:Dave Curson(D)
NJ-9: Donald Payne Jr.(D)
WA-1: Suzan DelBene(D)

Re-seated Former Reps:
AZ-1: Ann Kirkpatrick(D)
AZ-5: Matt Salmon(R)
FL-8: Alan Grayson(D)
IL-11:Bill Foster(D)
NH-1: Carol Shea-Porter(D)
NV-3: Dina Titus(D)
NY-24:Dan Maffei(D)
TX-36:Steve Stockman(R)

2013 Resignations and Replacements:
AL-1:Jo Bonner(R,resigned)
AL-1:Bradley Byrne(R,Dec.2013)
IL-2:Jesse Louis Jackson(D,resigned)
IL-2:Robin Kelly(D)
MA-5:Ed Markey(D,to Senate)
MA-5:Katherine Clark(D,Dec.2013)
MO-8:Jo Ann Emerson(R,resigned)
MO-8:Jason Smith(R,elected June 2013)
SC-1:Tim Scott(R,resigned)
SC-1:Mark Sanford(R)
SC-1:Elizabeth Colbert-Busch(D)
Newly-elected Democrats:
AZ-9: Kyrsten Sinema
CA-2: Jared Huffman
CA-7: Ami Bera
CA-15:Eric Swalwell
CA-24:Julia Brownley
CA-29:Tony Cardenas
CA-35:Gloria Negrete McLeod
CA-36:Raul Ruiz
CA-41:Mark Takano
CA-47:Alan Lowenthal
CA-51:Juan Vargas
CA-52:Scott Peters
CT-5: Elizabeth Esty
FL-18:Patrick Murphy
FL-22:Lois Frankel
FL-26:Joe Garcia
HI-2: Tulsi Gabbard
IL-8: Tammy Duckworth
IL-10:Brad Schneider
IL-12:Bill Enyart
IL-17:Cheri Bustos
MD-6: John Delaney
MA-4: Joe Kennedy III
MI-5: Dan Kildee
MN-8: Rick Nolan
NV-4: Steven Horsford
NH-2: Annie Kuster
NM-1: Michelle Lujan-Grisham
NY-5: Grace Meng
NY-10:Hakeem Jeffries
NY-18:Sean Maloney
OH-10:Joyce Beatty
PA-17:Matt Cartwright
TX-16:Beto O`Rourke
TX-20:Joaquin Castro
TX-23:Pete Gallego
TX-33:Marc Veasey
TX-34:Filemon Vela
WA-6: Derek Kilmer
WA-10:Denny Heck
WI-2: Mark Pocan
Newly-elected Republicans:
AR-4: Tom Cotton
CA-1: Doug LaMalfa
CA-21:David Valadao
CA-41:Paul Cook
FL-3: Ted Yoho
FL-6: Ron DeSantis
FL-19:Trey Radel
GA-9: Doug Collins
IL-15:Rodney Davis
IN-2: Jackie Walorski
IN-5: Susan Brooks
IN-6: Luke Messer
KY-6: Andy Barr
MI-11:Kerry Bentivolio
MO-2: Ann Wagner
MT-0: Steve Daines
NY-26:Chris Collins
NC-8: Richard Hudson
NC-9: Robert Pittenger
NC-11:Mark Meadows
NC-13:George Holding
ND-0: Kevin Cramer
OH-2: Brad Wenstrup
OH-14:Dave Joyce
OK-1: Jim Bridenstine
OK-2: Markwayne Mullin
PA-4: Scott Perry
PA-12:Keith Rothfus
SC-7: Tom Rice
TX-14:Randy Weber
TX-25:Roger Williams
UT-2: Chris Stewart
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Page last updated: Jan 05, 2014