The Washington Times: on Social Security


Mike Pence: Personal investment for Social Security retirement

"Conservatives want to see personal retirement accounts that have immediate relevance to younger Americans, that they can see the value, and that will require that they be big and that they be implemented in the final bill without delay," said Rep. Mike Pence. Pence said Republicans have come to agreement on principles for fiscal discipline and Social Security, and are prepared to be the conservative balance trying to give the president the backing to pursue the boldest possible plans on both issues.
Source: Washington Times on 2016 Indiana gubernatorial race Jul 14, 2016

Allyson Schwartz: No further reductions in the public pension benefits

All four candidates would maintain a defined benefit pension program for public employees and would oppose switching the system to a 401(k)-style plan and further delaying the state's annual pension obligation payments. McCord, McGinty and Schwartz oppose further reductions in the pension benefits of public employees, while Wolf would not say whether he would support or oppose such reductions. None put forward a specific plan to fully fund the state's pension funds.
Source: Washington Times on 2014 Pennsylvania governor race May 17, 2014

Katie McGinty: No further reductions in the public pension benefits

All four candidates would maintain a defined benefit pension program for public employees and would oppose switching the system to a 401(k)-style plan and further delaying the state's annual pension obligation payments. McCord, McGinty and Schwartz oppose further reductions in the pension benefits of public employees, while Wolf would not say whether he would support or oppose such reductions. None put forward a specific plan to fully fund the state's pension funds.
Source: Washington Times on 2014 Pennsylvania governor race May 17, 2014

Donald Trump: Cannot change Medicare or Soc.Sec. and still win elections

[At CPAC, Trump said}: "As Republicans, if you think you are going to change very substantially for the worse Medicare, Medicaid and Social Security in any substantial way, and at the same time you think you are going to win elections, it just really is not going to happen," Mr. Trump said, adding that polls show that tea partyers are among those who don't want their entitlements changed. "What we have to do and the way we solve our problems it to build a great economy."
Source: 2013 Conservative Political Action Conf. in Washington Times Mar 15, 2013

Gary Johnson: Replace the payroll tax with FairTax

We need to get rid of payroll taxes. Look at it from the perspective of employers for a moment. When they want to hire someone, it costs more than just the wage they're paying. They have to pay payroll taxes, including for Social Security and Medicare. That cost is about 10% of the wages they pay an employee. Remove that burden, and employers will be able to hire 10% more people. With an unemployment rate of 10%, why wouldn't we jump at this chance? The Fair-tax replaces employment and payroll taxes.
Source: Gary Johnson, "America moving again" in The Washington Times Feb 2, 2012

Bruce Guthrie: Personal accounts if under 25; opt-out if under 50

Q: More about your plan to save Social Security?

A: First, we must keep our promises to our senior citizens. We have an obligation to provide them with the benefits that they expect. But the young people I talk to, the guarantee rings hollow with them. Here’s what we need to do. For those 25 and under, their contribution should go into a personal savings account that would accrue interest and grow over time. For the gap between 25 and 50, they can either opt-out and accept a lump-sum payment, or they can continue with the current system. The demographics have changed on this issue, and the Democrats and the Republicans have no plan.

Source: Washington Senate Debate hosted by KING-5 & Seattle Times Oct 17, 2006

Maria Cantwell: Tax cut on $1.2M earners would keep system solvent 75 years

I want to make sure that Social Security is solvent for future generations. We had an opportunity in 2001, when we had a budget surplus, to make a down payment on Social Security. Instead, we gave a tax cut. The tax cut to the highest income earners, that make over $1.2 million, would have provided enough money for Social Security solvency for the next 75 years.
Source: Washington Senate Debate hosted by KING-5 & Seattle Times Oct 17, 2006

Maria Cantwell: Keep progressivity and guaranteed benefit

First, we must keep our promises to our senior citizens Q: What’s your plan to save Social Security?

CANTWELL: I want to protect Social Security. What I like about Social Security is that it’s a guaranteed benefit. It has progressivity, like for women who make less or live longer. To change that, by making proposal. We must guarantee benefits to those who are nearing retirement, while for younger workers, there should be personal accounts. But, I oppose them being privatized.

GUTHRIE: First, we must keep our promises to our senior citizens. But young people 25 and undershould have personal savings accounts. For the gap between 25 and 50, they can either opt-out and accept a lump-sum payment, or they can continue with the current system.

Source: Washington Senate Debate hosted by KING-5 & Seattle Times Oct 17, 2006

Mike McGavick: Personal accounts for younger workers, but not privatized

Q: More about your plan to save Social Security?

A: You heard no plan from the incumbent for how to save Social Security. You only heard a list of what the incumbent opposes. I do have a proposal. First, we must guarantee benefits to those who are retired or are nearing retirement. Second, to get at the financial crisis, encourage those who have enough from their private planning for retirement, to throw their Social Security back into the system, to prolong it for all of us. Third, for younger workers, there should be personal accounts. But, I oppose them being privatized. I think that’s a mistake. I don’t trust Wall Street to manage this money, and I don’t trust the individuals to manage this money. It should be a government-run program with continued guaranteed benefits.

Source: Washington Senate Debate hosted by KING-5 & Seattle Times Oct 17, 2006

  • The above quotations are from Media coverage of political races in The Washington Times.
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2020 Presidential contenders 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)
Gov.Lincoln Chafee (L-RI)
Rep.John Delaney (D-MD)
Rep.Tulsi Gabbard (D-HI)
Sen.Amy Klobuchar (D-MN)
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)
Mayor Wayne Messam (D-FL)
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: Sep 18, 2022