1.4.2: Social Security
Strengthen Social Security. Other Information:
SOCIAL SECURITY As president, I will act to strengthen Social Security. My administration will never hold Social Security
payments hostage as a bargaining chip against political opponents, as President Obama did in the summer of 2011. As more Americans
live longer and healthier lives, strengthening Social Security also means creating new options for younger Americans. We must
therefore consider a voluntary option for younger Americans to put a portion of their Social Security contributions into personal
Social Security savings accounts. Other countries, such as Chile, have found that this model creates vast savings while giving
beneficiaries more control over when and how they plan to retire. There are many exciting solutions that will both strengthen
Social Security and Medicare while tapping the private sector to save costs, and I look forward to discussing these with Americans
over the next year.
Indicator(s):
|
