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Filemon Vela on Social Security

 


Keep system sound but don't privatize Social Security

Without question the current generation of Americans approaching retirement should receive the benefits they were promised at the age of 65. By all accounts Medicare and Social Security funds become insolvent during the next 20-25 years and we must make sure it remains fiscally sound for the next generation. But what I won't support are efforts that would end Medicare as we know it and privatize Social Security.
Source: 2012 House campaign website, velaforcongress.com, "issues" , Nov 6, 2012

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

Vela 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.