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Gillibrand: I will never support the Privatization of Social SecuritySubmitted by Phil Giltner on September 26, 2006 - 11:35am.
Joined by Congressman McNulty, Gillibrand signs pledge to oppose President Bush's plan to privatize Social SecurityJohn Sweeney is not committed to protecting Social SecurityHudson NY - Kirsten Gillibrand, Democratic Congressional Candidate in NY-20 was joined by Rep. Michael McNulty today in signing Citizen Action's pledge to keep the promise of Social Security. It has been almost two years since President Bush announced his Social Security privatization plan and John Sweeney still refuses to take a stand on the proposal, which would decrease benefits for thousands of district residents. Sweeney has failed to stand up to the President and party leaders on Social Security even though he said Social Security is the "the single greatest issue that my office has to deal with every day.'' (The Times Union, 12/2/1999) Gillibrand is committed to ensuring the viability of Social Security and will fight against a privatized system, "I will never support the privatization of Social Security." Gillibrand added, "I would consider lowering the payroll tax on income under $90,000 and take 1% of all income above $90,000 to guarantee Social Security's solvency. This new formulation will create significant tax cuts for middle class families and small businesses, and support Social Security for future generations. I do not support spending the Social Security trust fund to pay for discretionary spending, and I will oppose measures to reduce the guaranteed benefits under the current law." SOCIAL SECURITY PLEDGE
Conversely, since the President's proposal in February 2005, Sweeney has avoided taking a side on privatization even when pressured by the AARP and a coalition of labor and civic groups demanding a response. To date, he has refused to oppose the plan to privatize Social Security.
There are roughly 130,069 people in NY-20 who receive Social Security checks each month. ( categories: In the News ) |
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