Rick Santorum in The Boston Globe
On Social Security:
Raise retirement age? Maybe. Private investment? Yes.
Senator Santorum, on a videotape made in 1994, said he planned to raise the retirement age for Social Security benefits and to privatize the program. Santorum says he believes that Social Security should not be paid out until workers hit
the age of 70. “It is ridiculous that we have a retirement age in this country of age 65 today,” Santorum says emphatically, noting that many people receive benefits for two decades before dying. “Push it back to at least age 70,” continues the
senator. “I’d go even further if I could, but I don’t think I could pass it.”Santorum has since backed away from raising the retirement age, but he’s in the forefront of pushing for younger workers to be allowed to invest
part of their payroll taxes themselves. He says it is their money and they have a right to try for better returns than the program currently provides.
Source: Jill Zuckman, Boston Globe, p. A1 & A12
May 15, 2000
On Social Security:
Social Security needs reform sooner rather than later
Santorum says the Social Security program is in grave danger of going bankrupt and if the future insolvency is not addressed now, it will be much more difficult to deal with later. “There’s an absolute certainty that Social
Security will run out of money, and benefits will be cut and taxes will go up,” Santorum said. “[Democrats] are ignoring the fact that Social Security is in trouble; they’re just saying, ‘Oh, this is a risky scheme.’”
Source: Jill Zuckman, Boston Globe, p. A12
May 15, 2000
Page last updated: Oct 11, 2020