A Quote by Todd Wilcox

Social Security is a tax and an insurance program. It's not a 401(k) program. — © Todd Wilcox
Social Security is a tax and an insurance program. It's not a 401(k) program.
Social Security is a social insurance program - it is not designed to be the same thing as a 401(k).
Do you really think that Social Security disability insurance is part of what people think of when they think of Social Security? I don't think so. It's the fastest-growing program. It grew tremendously under President Obama. It's a very wasteful program, and we want to try and fix that.
Social Security is a family insurance program, not an investment scheme.
Social Security is not a retirement savings plan; it is a social insurance program. It's a contract that says, as a society, we will look out for you and your family when you can no longer work.
Social Security was always supposed to be basically, in theory, an insurance program where you pay in and then you get out.
Social Security was always supposed to be basically in theory an insurance program where you pay in and then you get out.
When I look at Social Security, I consider it the most important social program in the United States, arguably the most successful program in the world.
The National Flood Insurance Program is a voluntary program. If a community really feels that the building insurance requirements are too burdensome, they don't have to participate.
Did folks know that the tax to fund the program [Social Security] only hits salaries up to $110,000? That means that if you make a million bucks, about 90% of your salary is tax free when it comes to the payroll tax that funds Soc Sec. That ain't right.
I think the important thing to understand about the free pony program is, of course, it is an absolutely free pony program, uh, there may be some incidental costs involved with pony social security or universal pony health care or the haystamp program so ponies won't starve in the streets.
Many seniors understand that Social Security is social insurance as opposed to a program where we put money aside for our own retirement. But most elderly individuals think they're getting their money back. So it isn't selfishness as much as a misunderstanding.
We must work to stabilize Social Security. We must not gamble with our nation's social insurance program, one of our most popular and effective federal programs that has remained dependable and stable for the past 70 years.
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.
Funding privatized accounts with Social Security dollars would not only make the program's long term problems worse, but many believe it represents a first step toward undermining the program's fundamental goals.
Social security is the most successful government program in our nation's history. We are not going to cut social security! We are going to expand social security!
Germany, I think, was first to substitute a Social Security program for its elderly based on this premise, that is, that we would tax workers to pay retirement benefits for those retired.
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