State of Hawaii secondary Archives: on Social Security


Daniel Akaka: Social Security privatization is a risky investment scheme

I oppose Bush’s privatization proposal. It turns a guaranteed benefit into a risky investment scheme. Social Security has served as an important safety net for a long time, and I view the continuation of this program as a top priority. What’s happening now with the Bush administration privatizing the bill, privatization will not address Social Security-term fiscal challenges, which is a problem. And social security is something that we really need and need to continue to fund over the years.
Source: 2006 HI Senate Debate on PBS Hawaii Aug 31, 2006

Ed Case: Oppose Social Security privatization, lockbox the trust fund

Social Security will become insolvent inside of 10 years, meaning the revenues coming in from Social Security taxes will not be sufficient to cover the expenses going out. We'd be in pretty good shape if we'd only lockboxed the Social Security trust fund and not diverted all of those moneys into our general fund and spent it as part of that budget decline that I referenced earlier in my remarks. I have opposed his specific privatization proposal as I understand it.
Source: 2006 HI Senate Debate on PBS Hawaii Aug 31, 2006

  • The above quotations are from State of Hawaii Politicians: secondary Archives.
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2016 Presidential contenders on Social Security:
  Republicans:
Gov.Jeb Bush(FL)
Dr.Ben Carson(MD)
Gov.Chris Christie(NJ)
Sen.Ted Cruz(TX)
Carly Fiorina(CA)
Gov.Jim Gilmore(VA)
Sen.Lindsey Graham(SC)
Gov.Mike Huckabee(AR)
Gov.Bobby Jindal(LA)
Gov.John Kasich(OH)
Gov.Sarah Palin(AK)
Gov.George Pataki(NY)
Sen.Rand Paul(KY)
Gov.Rick Perry(TX)
Sen.Rob Portman(OH)
Sen.Marco Rubio(FL)
Sen.Rick Santorum(PA)
Donald Trump(NY)
Gov.Scott Walker(WI) 		Democrats:
Gov.Lincoln Chafee(RI)
Secy.Hillary Clinton(NY)
V.P.Joe Biden(DE)
Gov.Martin O`Malley(MD)
Sen.Bernie Sanders(VT)
Sen.Elizabeth Warren(MA)
Sen.Jim Webb(VA)

2016 Third Party Candidates:
Gov.Gary Johnson(L-NM)
Roseanne Barr(PF-HI)
Robert Steele(L-NY)
Dr.Jill Stein(G,MA)
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Page last updated: Feb 18, 2023