You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #62: A METAPHORICAL "box". The idea was that SS dollars [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
johnaries Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-01-05 03:59 PM
Response to Reply #61
62. A METAPHORICAL "box". The idea was that SS dollars
would only be used for SS.

Here's what he proposed during the Campaign:

I will keep it in a lockbox. The interest savings, I would put right back into it. That extends the life for 55 years. I am opposed to a plan that diverts 1 out of every 6 dollars away from the Trust Fund. It would go bankrupt within this generation.

Gore wants to maintain the existing Social Security system (and indeed raise benefits), by subsidizing it from general taxation. He would:
would pay down the national debt as soon as possible, and transfer the equivalent of the interest saved to the Social Security trust fund
supports providing increased Social Security benefits to widows and women who take time off to bring up children
opposes raising retirement age to 70
would introduce, in addition to Social Security, individual accounts called “Retirement Savings Plus”, in which savings would be matched (at different rates according to income) by the federal government

http://www.issues2000.org/Celeb/Al_Gore_Social_Security.htm
Printer Friendly | Permalink |  | Top
 

Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC