Daniel Coats on Social Security

Former Republican Senator (IN)

Save Social Security from itself; increase age & more

Coats said Social Security needs to be "saved from itself" and suggested increasing the retirement age and looking at other options to fix the program.

Ellsworth said now isn't the time to raise the retirement age and that putting more people back to work would put more money into the system. Raising the retirement age would be fine for those who work at desks but "it's not fine for somebody who's on the end of a jackhammer," he said.

Source: Washington Post coverage of 2010 Indiana Senate debate Oct 25, 2010

Voted YES on allowing Roth IRAs for retirees.

Senator Roth (R-DE) offered this amendment to the IRS Restructuring and Reform Act to allow people older than 70.5 with incomes over $100,000 to move funds from an Individual Retirement Account into a Roth IRA.
Status: Amdt Agreed to Y)56; N)42; NV)2 Reference: Roth Amdt #2339; Bill H.R. 2676 ; vote number 1998-120 on May 6, 1998

Voted NO on allowing personal retirement accounts.

Vote on an amendment expressing the sense of the Senate that the Finance Committee should consider legislation to use the federal budget surplus to establish personal retirement accounts as a supplement to Social Security. Reference: Bill S.Con.Res.86 ; vote number 1998-56 on Apr 1, 1998

Voted YES on deducting Social Security payments on income taxes.

Vote on an amendment to establish an income tax deduction for Social Security taxes paid by employees and the self-employed. Reference: Bill S Con Res 57 ; vote number 1996-140 on May 22, 1996

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Page last updated: Jul 19, 2011