Pete Ashdown on Social Security

Opposes using Social Security taxes for private accounts

A balanced Social Security plan for guaranteed benefits
AARP	Supports
Orrin G. Hatch	No response
Peter Lynn Ashdown	Supports

Using Social Security taxes for private accounts
AARP	Opposes
Orrin G. Hatch	No response
Peter Lynn Ashdown	Opposes

Q: Will you support or oppose using Social Security taxes to fund private accounts?

A: Candidate Peter Lynn Ashdown, Democrat, chose not to make additional comments. Candidate Orrin G. Hatch, Republican, chose not to respond to survey.

Source: AARP Senate candidate questionnaire Sep 29, 2006

Increase premium caps and end payouts for wealthy

Social Security requires small changes to be effective over the next century. First, our government shouldn't be permitted to borrow from this fund. Second, automatic adjustments for inflation, along with increasing the premium caps and ending payouts for the wealthy could extend it considerably. Source: Campaign website, peteashdown.org, "Issues" Jan 17, 2006

Investing Soc.Sec. funds ok in 20s, but need stability later

Much criticism is levied at social security as being a lousy investment. What is lost in return is gained in stability. There could be a small amount of speculation done by individuals, but the allowed investments should taper off in risk as they age. That is, if a twenty-something wants to invest in funds with social security that is fine, but as an individual approaches retirement, this ability should decrease to stabilize their funds. Source: Campaign website, peteashdown.org, "Issues" Jan 17, 2006

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