2020 NM Senatorial race: on Social Security


Bob Walsh: Transition to a voluntary system as soon as possible

Q: How would you guarantee Social Security benefits for future generations?

A: No such guarantee is possible. The Social Security Trust Fund contains only 20% of the amount required to be solvent. It was never planned to have a sound actuarial basis. Most contributions have been spent on retiree benefits instead of investment in the trust fund for current workers. The system envisions workers supporting retirees forever. It is not possible to guarantee that future generations will continue this system. We favor a transition to a voluntary system as soon as possible, recognizing that the victims of this scheme may need the help of, once again, voluntary associations of people with a sense of responsibility to their local communities

Source: AFA iVoterGuide on 2020 New Mexico Senate race Nov 3, 2020

Gavin Clarkson: Put the Trust Fund in a lockbox with no government key

Q: How would you guarantee Social Security benefits for future generations?

A: Put it in a lockbox. The best lockbox to keep Washington bureaucrats from taking away your retirement is one they don't have the key to. I would also enthusiastically support Senator Rand Paul's Penny Plan budget, which would cut spending by 2% for five years in a row, thus eliminating the federal budget deficit without cutting Social Security benefits.

Source: AFA iVoterGuide on 2020 New Mexico Senate race Nov 3, 2020

Tom Udall: If you paid into system, you can rely on benefits

One in six New Mexico residents receive Social Security. Nearly 330,000 residents rely on Medicare. America made a promise to our seniors--if you work hard throughout your life, if you pay into the system, then you will be able to rely on Social Security benefits in retirement.

Tom believes that retirement security must be preserved. We need to protect Medicare for our seniors and Medicaid for the most vulnerable among us. Whether it's reimbursement rates through Medicare or closing the "doughnut hole" that made it harder for seniors to afford life-saving prescriptions, Tom always fights for New Mexico's seniors.

Seniors shouldn't be forced to choose between buying their groceries and buying their medication. They shouldn't have to worry about affording their mortgage payments and affording their health care. Our seniors have earned their benefits. Tom is committed to making sure those benefit programs remain intact.

Source: Vote-USA.org on 2020 New Mexico Senate race Oct 25, 2014

  • The above quotations are from 2020 New Mexico Senatorial race: debates and news coverage.
  • Click here for definitions & background information on Social Security.
  • Click here for other issues (main summary page).
  • Click here for more quotes by New Mexico on Social Security.
  • Click here for more quotes by Tom Udall on Social Security.
Candidates and political leaders on Social Security:

Democrats running for President:
Sen.Michael Bennet (D-CO)
V.P.Joe Biden (D-DE)
Mayor Mike Bloomberg (I-NYC)
Gov.Steve Bullock (D-MT)
Mayor Pete Buttigieg (D-IN)
Sen.Cory Booker (D-NJ)
Secy.Julian Castro (D-TX)
Rep.John Delaney (D-MD)
Rep.Tulsi Gabbard (D-HI)
Sen.Amy Klobuchar (D-MN)
Mayor Wayne Messam (D-FL)
Gov.Deval Patrick (D-MA)
Sen.Bernie Sanders (I-VT)
CEO Tom Steyer (D-CA)
Sen.Elizabeth Warren (D-MA)
Marianne Williamson (D-CA)
CEO Andrew Yang (D-NY)

2020 Third Party Candidates:
Rep.Justin Amash (L-MI)
CEO Don Blankenship (C-WV)
Gov.Lincoln Chafee (L-RI)
Howie Hawkins (G-NY)
Gov.Gary Johnson(L-NM)
Howard Schultz(I-WA)
Gov.Jesse Ventura (I-MN)
Republicans running for President:
Sen.Ted Cruz(R-TX)
Gov.Larry Hogan (R-MD)
Gov.John Kasich(R-OH)
V.P.Mike Pence(R-IN)
Gov.Mark Sanford (R-SC)
Pres.Donald Trump(R-NY)
Rep.Joe Walsh (R-IL)
Gov.Bill Weld(R-MA & L-NY)

2020 Withdrawn Democratic Candidates:
Sen.Stacey Abrams (D-GA)
Mayor Bill de Blasio (D-NYC)
Sen.Kirsten Gillibrand (D-NY)
Sen.Mike Gravel (D-AK)
Sen.Kamala Harris (D-CA)
Gov.John Hickenlooper (D-CO)
Gov.Jay Inslee (D-WA)
Rep.Seth Moulton (D-MA)
Rep.Beto O`Rourke (D-TX)
Rep.Tim Ryan (D-CA)
Adm.Joe Sestak (D-PA)
Rep.Eric Swalwell (D-CA)
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Page last updated: Dec 27, 2020