Tuesday, March 16, 2004

Republicans and Social Security

Here are some solutions to save Social Security:
Modernization must not change existing benefits.
The promises made to current retirees must be kept.
Social Security payroll taxes must not be increased.
The Government itself must not invest Social Security funds in the private economy/stock market.
Strengthening Social Security to include the option of younger workers using a small portion of their Social Security taxes to set up safe personal accounts can add valuable protections for widows, divorced persons, low-income households and other Americans at risk of poverty in old age.
Personal accounts invested in safe private financial markets will earn higher rates of return than the traditional system and help workers enhance their personal savings and their freedom to retire

Courtesy RNC

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