Tim Kaine on Social Security
Democratic Senate Challenger; previously Governor
KAINE: First, we're going to protect Social Security, which is one of the greatest programs that the American government has ever done. It happened at a time when you would work your whole life, raising your kids, working, and then you would retire into poverty. And Social Security has enabled people to retire with dignity and overwhelmingly not be in poverty. We have to keep it solvent. And we will keep it solvent. And we'll look for strategies like adjusting the payroll tax cap upward in order to do that. Here's what Hillary and I will not do: We will never, ever engage in a risky scheme to privatize Social Security. Donald Trump wrote a book and said Social Security is a Ponzi scheme and privatization would be good for all of us.
PENCE: Well, , there they go again.
KAINE: Go read the book!
Kaine asked Allen if he would finally agree that privatizing Social Security was a bad idea. Allen stated that in addition to his age and income adjustment proposals, he would be looking for new options for people to provide for themselves in their retirement years. Kaine countered that he believes Allen still agrees with supporting the privatization of Social Security. Kaine said he would fight against that proposal.
Kaine's campaign said the debate underscored clear differences between the Democrat and Republican hopefuls. A Kaine spokeswoman said, ""The approach the Republican candidates advocate would devastate federal investments in education, defense, and infrastructure that bolster and grow Virginia's economy. Their calls for dangerous privatization schemes for Social Security and Medicare would jeopardize a generations-long guarantee of retirement security.
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.
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