Bob Wise on Social Security

Former Democratic Governor; previously Representative (WV-2)

Voted YES on reducing tax payments on Social Security benefits.

Vote to pass a bill that would reduce the percentage of Social Security benefits that is taxable from 85 to 50 percent for single taxpayers with incomes over $25,000 and married couples with incomes over $32,000. The revenues that would be lost for the Medicare trust fund would be replaced by money from the general fund. Reference: Bill sponsored by Archer, R-TX; Bill HR 4865 ; vote number 2000-450 on Jul 27, 2000

Voted YES on strengthening the Social Security Lockbox.

Amending the Social Security Lockbox bill to require that any budget surplus cannot be spent until the solvency of Social Security and Medicare is guaranteed. Reference: Motion to Recommit introduced by Rangel, D-NY; Bill HR 1259 ; vote number 1999-163 on May 26, 1999

Maintain long-term solvency of Social Security and Medicare.

Wise adopted the National Governors Association position paper:

The Issue

With the first federal budget surplus in a generation and estimates of non-Social Security surpluses ranging from $750 billion to $1.9 trillion over the next decade, the issue is whether Congress and the President will agree to dedicate a portion of the projected surplus to tax cuts and, if so, what the impacts on states might be.

How much of the potential non-Social Security surplus should be dedicated to tax cuts and breaks?
Absent any consensus on long-term legislation to ensure solvency of Social Security and Medicare, would major federal revenue losses for tax cuts risk shifting substantial entitlement burdens to states?
How would federal tax changes affect state income taxes?
What are key elements for states of any future major tax bill? In school construction? For retirement? For housing and economic development? For health care?

NGA’s Position

NGA opposes reductions from current discretionary spending levels or changes that could risk the long-term solvency of the nation’s Social Security and Medicare systems. NGA supports provisions to ensure reduced barriers to state and local capital finance through tax-exempt bonds and to ensure maximum flexibility in setting and maintaining state retirement plans and programs. Source: National Governors Association "Issues / Positions" 01-NGA16 on Aug 1, 2001

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*Other governors on Social Security:*		*Bob Wise on other issues:*
*WV Gubernatorial:* Earl Ray Tomblin *WV Senatorial:* Joe Manchin III John Rockefeller *Newly seated 2010:* NJ Chris Christie VA Bob McDonnell *Term-limited as of Jan. 2011:* AL Bob Riley CA Arnold Schwarzenegger GA Sonny Perdue HI Linda Lingle ME John Baldacci MI Jennifer Granholm NM Bill Richardson OK Brad Henry OR Ted Kulongoski PA Ed Rendell RI Donald Carcieri SC Mark Sanford SD Mike Rounds TN Phil Bredesen WY Dave Freudenthal	*Newly Elected Nov. 2010:* AL: Robert Bentley (R) CA: Jerry Brown (D) CO: John Hickenlooper (D) CT: Dan Malloy (D) FL: Rick Scott (R) GA: Nathan Deal (R) HI: Neil Abercrombie (D) IA: Terry Branstad (R) KS: Sam Brownback (R) ME: Paul LePage (R) MI: Rick Snyder (R) MN: Mark Dayton (D) ND: Jack Dalrymple (R) NM: Susana Martinez (R) NV: Brian Sandoval (R) NY: Andrew Cuomo (D) OH: John Kasich (R) OK: Mary Fallin (R) PA: Tom Corbett (R) RI: Lincoln Chafee (I) SC: Nikki Haley (R) SD: Dennis Daugaard (R) TN: Bill Haslam (R) VT: Peter Shumlin (D) WI: Scott Walker (R) WY: Matt Mead (R)	Abortion Budget/Economy Civil Rights Corporations Crime Drugs Education Energy/Oil Environment Families/Children Foreign Policy Free Trade Govt. Reform Gun Control Health Care Homeland Security Immigration Infrastructure/Technology Jobs Principles/Values Social Security Tax Reform War/Iraq/Mideast Welfare/Poverty [Title9]

Page last updated: Nov 21, 2011