Andrew Romanoff in 2020 CO Senatorial race
On Welfare & Poverty:
Advised group on free market solutions to poverty
Romanoff has found the motivation for a new drive -- eradicating poverty in the world's poorest, most rural areas. At the helm at his new post as a senior adviser for Lakewood, Colo.-based International Development Enterprises
(iDE), Romanoff's mission could be one valued by even the most conservative of Republican candidates. Rather than handing out assistance in the form of money and food, Romanoff and his enterprise is focused on a long-term free market solution to poverty.
Source: Colorado Politics blog on 2020 Colorado Senate race
Oct 11, 2011
On Social Security:
Optional personal retirement accounts, but no privatization
Romanoff characterized the mailer sent out by primary opponent Sen. Michael Bennet as an exercise in selective reporting. The Bennet Flier called Romanoff out on a 2004 vote urging the Colorado Congressional delegation to support what the
Bennet campaign called a "risky privatization plan." Romanoff pointed to legislation he voted on and signed as Speaker of the House in 2005 that called on the congressional delegation to protect Social Security from privatization.Romanoff
told reporters to look at the facts. Senate Joint Resolution 28 signed by Romanoff in 2004 resolved to "support optional personal retirement accounts and not support increases in payroll taxes and cuts to Social Security benefits."
The resolution
pushed optional savings accounts as a way to provide younger workers the opportunity to net greater savings by retirement age. Romanoff said that any money generated through the program would come on top of money already paid into social security.
Source: Denver Post on 2020 Colorado Senate race
Jul 29, 2010
On Budget & Economy:
Targeted investments good, but crazy to go deeper in debt
I do believe it's appropriate to make targeted investments to induce the economy back to life, especially if you are, as we are, in the midst of the worst recession since the Great Depression. I'll tell you, over the long run it's crazy for us to
continue to consume an ever-larger share of our GDP on debt. I think the number's about 80 percent now. If you spend half a trillion a year servicing that debt, you're wasting resources that would be better put to some other public or private purpose.
Source: Denver Post on 2020 Colorado Senate race
May 18, 2010
On Social Security:
Raise cap on income subject to Social Security tax
Currently, earners stop paying the Social Security taxes after $106,000 in income. Previous bipartisan commissions and studies have said that ceiling will need to be raised in order to keep the fund solvent. "I believe Congress should expose
incomes above $100,000 to the Social Security tax," Romanoff said. Critics of the current ceiling said it makes the system a regressive tax by allowing the highest-income earners to pay a smaller overall percentage of taxes.
Source: Denver Post on 2020 Colorado Senate race
May 18, 2010
Page last updated: Dec 07, 2020