Sheldon Whitehouse on Social SecurityDemocratic Jr Senator, previously attorney general | |
Hinckley countered, saying Democrats have no plan to save Social Security. "Ask yourself, is that fair, to pay into a pension system managed by the government and then get nothing," said Hinckley, who proposed hiring actuaries to bring the system in line. "The problem with Social Security, it's managed by career politicians and not professionals."
Using Social Security taxes for private accounts | |
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AARP | Opposes |
Lincoln Chafee | Opposes |
Sheldon Whitehouse | Opposes |
A: Social Security has been the foundation of our country's promise that no American will have to face an impoverished retirement. The Republican leadership in Washington is committed to undermining this promise through a risky scheme to put Social Security funds in the stock market as part of new private accounts. We should never again put seniors' livelihoods at risk from a catastrophic stock market crash. I am opposed to President Bush's proposal to cut Social Security benefits to middle-income workers through progressive indexing, and am disappointed that Senator Chafee has expressed support for this plan.
Some 200 Democratic House and Senate candidates have signed on to a pledge rejecting any effort to privatize or scale back Social Security benefits or raise the retirement age. The Progressive Change Campaign Committee sponsored this pledge among Congressional candidates.
CONCURRENT RESOLUTION expressing the sense of the Congress that the Chained Consumer Price Index (CPI) should not be used to adjust Social Security benefits.
Opponent`s argument against bill:(Congressional Testimony by Jeffrey Kling, Congressional Budget Office Associate Director for Economic Analysis, April 18, 2013):
The chained CPI grows more slowly than the trad
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.