A Quote by Richard Neal

We can preserve Social Security benefits for generations of Americans without privatizing this important program. — © Richard Neal
We can preserve Social Security benefits for generations of Americans without privatizing this important program.
Millions of Americans have paid into social security and deserve their full benefits. Pure and simple, Republicans are manufacturing a social security crisis that does not exist in order to dismantle social security.
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.
I believe that as a nation we must have a bipartisan discussion about how to best preserve and protect Social Security for our seniors and for future generations of Americans.
The revenue stream for Social Security benefits comes from payroll taxes, which are credited to the Social Security Trust Fund - accounting for the program's finances separately from the rest of the budget.
I am staunchly committed to ensuring the long-term solvency of Social Security and preserving full benefits for Americans who have spent their entire working lives contributing to this program.
Without Social Security benefits, more than 40 percent of Americans 65 years and older would live below the federal poverty line. Even more striking is that Social Security is the only source of retirement income for almost a quarter of elderly beneficiaries.
Americans should be able to enjoy a secure retirement after a lifetime of hard work. But too many Americans reach retirement without enough savings to supplement their Social Security benefits.
Of course the Republicans have long wanted to privatize Social Security and destroy it. But Social Security has been the most important and valuable social program in the history of the United States.
Specifically, I am concerned about the long-term condition of Social Security. I am committed to ensuring that current beneficiaries and those nearing retirement face no reduction in benefits, while preserving this vital program for future generations.
Not only is privatizing Social Security not the solution to Social Security, it would exacerbate the problem.
Currently, more than 4.7 million African Americans receive Social Security benefits, and nearly 8 million people with disabilities depend on Social Security for their daily sustenance.
Our constituents paid into Social Security, and they want it paid back to them when they retire. Cutting Social Security benefits that Americans have earned should always be a last resort.
Social Security is the foundation stone of that kind of retirement security. It not only needs to be strengthened in order to make sure it's there for younger baby boomers and Generations X and Y, but it probably needs to be strengthened and expanded because the retirement benefits now being offered by most employers are not sufficient to support middle-income Americans in their long years of retirement.
But there is a need to explore ways we can preserve the promise of Social Security for future generations.
We need to preserve programs like Social Security and Medicare for our seniors of today and tomorrow. But we need to strengthen both Social Security and Medicare to make sure these programs are still available for future generations.
There is no social program in this country that is as important as a good job that pays well, that gives someone an opportunity to go to work, have some security, have benefits, and take care of their family and have a good life.
This site uses cookies to ensure you get the best experience. More info...
Got it!