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Published on Kirsten Gillibrand For Congress (http://www.gillibrand2006.com)

Gillibrand: I will never support the Privatization of Social Security

Created Sep 26 2006 - 11:35am

Joined by Congressman McNulty, Gillibrand signs pledge to oppose President Bush's plan to privatize Social Security

John Sweeney is not committed to protecting Social Security

Hudson 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

  1. I pledge to the people in my district and to all Americans that I will work to keep the promise of Social Security.
  2. I will publicly oppose the President's July 2006 proposal to divert $721 billion from the Social Security Trust Fund to create private accounts.
  3. I will oppose any Social Security plan that:

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.

Kirsten Gillibrand is running for Congress because it is time for new ideas and real change in Washington.

There are roughly 130,069 people in NY-20 who receive Social Security checks each month.


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http://www.gillibrand2006.com/node/371