Amy Klobuchar on Social Security
DFL Sr Senator (MN)
That Republican tax bill went so low that once it went under 25 percent, every point was $100 billion. Think what that could pay for, for rural broadband all over this country, which I pledge to do by 2022.
Close the carried interest loophole. Bring the capital gains rate to the rate that we see for personal tax rates. One thing I would add to the mix, comprehensive immigration reform. The bill we had back in 2013 brought the debt down $158 billion.
KLOBUCHAR: I believe that if we can shore up this deficit and balance the budget, that we can then start shoring up Social Security. This Congress has raided $925 billion from Social Security. And you go back to the Clinton administration.
Q: Would you raise the retirement age?
KLOBUCHAR: I don’t believe that is the solution.
Q: Cost of living increase?
KLOBUCHAR: I don’t believe that’s the solution. If we can get that balanced budget in place, we’re going to be able to secure Social Security for the future [as we had under Clinton]
Q: With no changes in the system?
KLOBUCHAR: We can have a bipartisan commission look at those changes. They should be options to be looked at, but it would be a hard sell on me because I believe our priority should be to balance the budget. There is a better way to do this by being fiscally responsible instead of giving billions of dollars in oil giveaways.
Proponents recommend voting YES because:
Perhaps the worst example of wasteful spending is when we take the taxes people pay for Social Security and, instead of saving them, we spend them on other things. Even worse than spending Social Security on other things is we do not count it as debt when we talk about the deficit every year. So using the Social Security money is actually a way to hide even more wasteful spending without counting it as debt. This Amendment would change that.
Opponents recommend voting NO because:
This amendment has a fatal flaw. It leaves the door open for private Social Security accounts by providing participants with the option of "pre-funding of at least some portion of future benefits."
Scoring system for 2014: Ranges from 0% (supports privatization and other market-based reforms) to 100% (supports keeping federal control over Trust Fund and Social Security system).
About ARA (from their website, www.RetiredAmericans.org):
The Alliance for Retired Americans is a nationwide organization, founded in May 2001, with now over 4.2 million members working together to make their voices heard in the laws, policies, politics, and institutions that shape our lives. The mission of the Alliance for Retired Americans is to ensure social and economic justice and full civil rights for all citizens so that they may enjoy lives of dignity, personal and family fulfillment and security.
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2020 Presidential Democratic Primary Candidates:
Sen.Michael Bennet (D-CO)
V.P.Joe Biden (D-DE)
Gov.Steve Bullock (D-MT)
Mayor Pete Buttigieg (D-IN)
Sen.Cory Booker (D-NJ)
Secy.Julian Castro (D-TX)
Mayor Bill de Blasio (D-NYC)
Rep.John Delaney (D-MD)
Rep.Tulsi Gabbard (D-HI)
Sen.Kirsten Gillibrand (D-NY)
Sen.Mike Gravel (D-AK)
Sen.Kamala Harris (D-CA)
Gov.John Hickenlooper (D-CO)
Gov.Larry Hogan (D-MD)
Gov.Jay Inslee (D-WA)
Sen.Amy Klobuchar (D-MN)
Mayor Wayne Messam (D-FL)
Rep.Seth Moulton (D-MA)
Rep.Beto O`Rourke (D-TX)
Rep.Tim Ryan (D-CA)
Sen.Bernie Sanders (I-VT)
Rep.Eric Swalwell (D-CA)
Sen.Elizabeth Warren (D-MA)
Marianne Williamson (D-CA)
CEO Andrew Yang (D-NY)
2020 GOP and Independent Candidates:
Rep.Justin Amash (Libertarian-MI)
Howie Hawkins (Green-NY)
V.P.Mike Pence (R-IN)
CEO Howard Schultz (I-WA)
Pres.Donald Trump (R-NY)
Gov.Jesse Ventura (I-MN)
V.C.Arvin Vohra (Libertarian-MD)
Gov.Bill Weld (R-MA&L-NY)
2020 Withdrawn Candidates:
State Rep.Stacey Abrams (D-GA)
Mayor Mike Bloomberg (I-NYC)
About Amy Klobuchar: