Michael Bennet in 2020 CO Senatorial race


On Social Security: Optional personal retirement accounts ARE privatization

Andrew Romanoff characterized the latest campaign mailer sent out by primary opponent Sen. Michael Bennet as an exercise in selective reporting. The Bennet flier accused Romanoff of pushing for the privatization of Social Security. The flier called Romanoff out on a 2004 vote in which he supported what the Bennet campaign called a "risky privatization plan."

Romanoff responded that the 2004 Senate Joint Resolution "does not say that it will divert money out of Social Security. I wouldn't have voted for it if it did."

The Bennet camp followed the flier with a new press release: "Romanoff surrounds himself with seniors in a shameful attempt to show his support. What he isn't telling them is that Speaker Romanoff voted to privatize Social Security. A move that would have stripped many seniors from their only source of income."

SJR 28 in 2004 resolved to "support optional personal retirement accounts and not support increases in payroll taxes and cuts to Social Security benefits."

Source: Denver Post on 2020 Colorado Senate race Jul 29, 2010

The above quotations are from 2020 Colorado Senatorial race: debates and news coverage.
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Page last updated: Dec 07, 2020