A Quote by Chaka Fattah

The President's proposed privatization plan would jeopardize that security by cutting guaranteed benefits for future retirees and endangering the benefits of current retirees, people with disabilities, and children who have lost a parent.

Chaka Fattah

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Benefits Children Current Cutting Future Guaranteed Jeopardize Lost Parent People People With Disabilities Plan President Privatization Proposed Security Would

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Chaka Fattah
American - Politician
Born: November 21, 1956

The Presidents proposed privatization plan would jeopardize that security by cutting guaranteed benefits for future retirees and endangering the benefits of current retirees, people with disabilities, and children who have lost a parent.

Chaka Fattah

Today there are about 40 million retirees receiving benefits; by the time all the baby boomers have retired, there will be more than 72 million retirees drawing Social Security benefits.

Tony Snow

However, the Administration's plan to privatize Social Security will undermine retirement security for all Americans by cutting guaranteed benefits by more than 40 percent, and risky private accounts won't make up for the loss of benefits for millions of Americans.

Ruben Hinojosa

I think taxpayers should be outraged that retirees and administrators are walking away with thousands in accrued benefits and bonuses.

Kathy Szeliga

As you know, Social Security functions under the premise that today's workers will help finance benefits for retirees and that these workers will then be supported by the next generation of workers paying into the same system.

Steve Israel

Under the current pay-as-you-go Social Security system, not one person is actually guaranteed benefits.

Ginny Brown-Waite

The Presidents plan to privatize Social Security would actually take away guaranteed benefits and put the promise of a secure retirement in jeopardy.

Patty Murray

The retirement financial crisis will affect far more people than baby boomers, and certainly it will affect their children. Most of the retirees and near-retirees with whom we talked, said that they were extremely reluctant to have to depend on their children financially, or to think of moving in with their children. But the mere fact that they were discussing those issues indicates that some of them have already figured out that that is what lies ahead for them.

Hedrick Smith

More retirees, longer life expectancy, larger benefits, and fewer workers - these trends have meant substantial increases in the payroll tax. Since the social security program began, the payroll tax has increased more than 500 percent.

Alex Tabarrok

I will not cut benefits. I want to enhance benefits for low-income workers and for women who have been disadvantaged by the current Social Security system.

Hillary Clinton

The United Auto Workers is AARP in an Edsel: It has three times as many retirees and widows as 'workers' (I use the term loosely). GM has 96,000 employees but provides health benefits to a million people.

Mark Steyn

No one is talking about restructuring Social Security or Medicare for current retirees or for those that are near retirement. For those under 55, the answer is let's talk about it.

Mitt Romney

Accessible design is good design - it benefits people who don't have disabilities as well as people who do. Accessibility is all about removing barriers and providing the benefits of technology for everyone.

Steve Ballmer

If you're a poor worker - this is for new workers coming into the workplace - your benefits will increase at the current rate of increase. If you're a wealthier worker, your benefits would increase at the rate of inflation. And those changes would affect positively the unfunded liabilities inherent in Social Security.

George W. Bush

Social Security has never failed to pay promised benefits, and Democrats will fight to make sure that Republicans do not turn a guaranteed benefit into a guaranteed gamble.

Nancy Pelosi

To honor our national promise to our veterans, we must continue to improve services for our men and women in uniform today and provide long overdue benefits for the veterans and military retirees who have already served.

Solomon Ortiz

A Quote by Chaka Fattah

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