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Dennis Ross on Social Security
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Workers under 55 invest in historically-safe funds
We must increase the rate of return for those under 55 by offering citizens the same voluntary option federal workers receive that allow them to invest in a few funds that are safe and historically have returned far greater benefits than the 1.5% of
Social Security.Some say this plan is risky in light of recession, Enron, and war. However, over the last 80 years, private investment has earned an average annual return of nearly 8 percent.
Source: 2010 House campaign website, electdennisross.com, "Issues"
, Nov 2, 2010
Supports privatizing Social Security.
Ross supports the PVS survey question on privatization
Project Vote Smart infers candidate issue stances on key topics by summarizing public speeches and public statements. Candidates are given the opportunity to respond in detail; about 16% did so in the 2010 races.
Project Vote Smart summarizes candidate stances on the following topic: 'Business and Employment Issues: Do you support privatizing elements of Social Security?'
Source: Project Vote Smart 10-PVS-q6 on Nov 2, 2010
Rated 0% by ARA, indicating a pro-privatization stance.
Ross scores 0% Alliance for Retired Americans
Scoring system for 2014: Ranges from 0% (supports privatization and other market-based reforms) to 100% (supports keeping federal control over Trust Fund and Social Security system).
About ARA (from their website, www.RetiredAmericans.org):
The Alliance for Retired Americans is a nationwide organization, founded in May 2001, with now over 4.2 million members working together to make their voices heard in the laws, policies, politics, and institutions that shape our lives. 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.
- Alliance members visit the polls in record numbers. We use the power of our membership and our Congressional Voting Record to educate and mobilize seniors to elect leaders committed to improving the lives of retirees and older Americans.
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We are effectively warding off cuts to our most important social programs like Social Security and Medicare. Our Human Chain Against the Chained CPI events in the summer of 2013 took place in more than 50 cities and mobilized support for stopping this cut to earned Social Security benefits.
- We blocked the privatization of Social Security with our Social Security "Truth Truck" delivering 2.1 million petitions to Members of Congress and other tactics.
- The Alliance makes its voice heard on the issues that matter not just to current retirees, but to all Americans who hope to retire one day. We were a leading voice in recent debates considering changes to Medicare, like replacing guaranteed benefits with a voucher system, and remain so in 2014.
Source: ARA lifetime rating on incumbents of 113th Congress 14_ARA on Jan 1, 2013
Page last updated: Jan 26, 2017