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Jon Corzine on Social Security
Democratic Jr Senator (NJ)
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Opposes privatizing Social Security
We need to commit $2.8 trillion of the federal budget surplus over the next 15 years to save Social Security. By 2013, Social Security will no longer be able to fund what it pays out without dipping into the Social Security Trust Fund.
By 2032, the trust fund will be empty. We must create a Social Security lock-box that ensures that each year all payroll taxes go to savings and debt reduction. dedicated to the payment of Social Security benefits.
Source: Web site VoteCorzine.org, "Lockbox"
Sep 19, 2000
Commit funds to secure Medicare & Soc. Sec. “absolutely”
We must commit enough of the federal surplus to save Social Security and to protect Medicare. And we must be bold: Long term care for seniors who need it must be secured as a fundamental right, not a privilege for the wealthy.The Corzine Plan:
- Save Social Security Absolutely
- Save Medicare Absolutely
- Universal Long Term Care
- Make Pensions Universally Portable
Source: Web site www.votecorzine.org
Sep 12, 2000
15% government investment in equities; no privatization
The earnings test, which punishes seniors for working, should be eliminated. Instead of the privatization of Social Security, which I strongly oppose, we can increase returns with
much less risk to individuals by allowing the government to invest a modest amount of the Social Security surplus, about 15 percent, in equities.
Source: Web site www.votecorzine.org
Sep 12, 2000
No privatization; government invests in market
I am opposed to privatization. I am opposed to my mother being forced to invest and manage a private Social Security Account. [We need] a Social Security “lock box,” which would be untouchable and immune to budget gimmicks.
My plan will protect our children and grandchildren, who otherwise will face either higher taxes or cuts in benefits when there are just two workers for every retiree by the year 2030.
Source: Speech, “An Economic Vision for America”
Feb 22, 2000
Rated 90% by the ARA, indicating a pro-senior voting record.
Corzine scores 90% by the ARA on senior issues
The mission of the Alliance for Retired Americans is to ensure social and economic justice and full civil rights for all citizens so that they may enjoy lives of dignity, personal and family fulfillment and security. The Alliance believes that all older and retired persons have a responsibility to strive to create a society that incorporates these goals and rights and that retirement provides them with opportunities to pursue new and expanded activities with their unions, civic organizations and their communities.
The following ratings are based on the votes the organization considered most important; the numbers reflect the percentage of time the representative voted the organization's preferred position.
Source: ARA website 03n-ARA on Dec 31, 2003