Rick Lazio on Social Security

Invest Social Security funds; privately or via Trust Fund

Allow workers to invest a portion of their payroll tax in private accounts which are managed by the government.
Invest a portion of the budget surplus into the Social Security trust fund.

Source: National Political Awareness Test 1998 (vote-smart.org) Jul 2, 1998

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 NO 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

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