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John Delaney on Social Security

Democratic candidate for President; U.S. Rep from MD-6

 


We didn't make private pensions illegal for Social Security

When we created Social Security, we didn't say pensions were illegal, right? We can have big ideas to transform the lives. We need to have solutions that are workable. Can you imagine if we tried to start Social Security now but said private pensions are illegal? That's the equivalent of what Senator Sanders and Senator Warren are proposing with health care. That's not a big idea. That's an idea that's dead on arrival.
Source: July Democratic Primary debate (first night in Detroit) , Jul 30, 2019

Social insurance programs have cut senior poverty by 50%

Social Security, which became law in 1935, is a shining example of a smart, progressive policy that accomplishes an important social justice objective. At the time it was implemented, about half the senior citizens in the US lived in poverty. Over the next 50 years, it helped cut that number by more than 50%.

There's nothing about the accounting that's tricky or complicated. If you look at the system like a ledger, we simply need the income line to be equal to or greater than the expenditures line-- not always, but most of the time.

If Social Security were to remain insolvent over any length of time, it would then correctly be labeled an "entitlement" program, as opposed to what it actually is, a "social insurance" program.

The program's finances are reasonably good for the near term, but the best estimates show that it will become insolvent by 2034--just 16 years from now. If we make a few small adjustments soon, we can fix the problem. If we wait, the fixes will be vastly more painful.

Source: The Right Answer, by Rep. John Delaney, p.159-62 , May 29, 2018

Don't cut or privatize program that has been so successful

Social Security is a promise, and as your Congressman it's one I intend to keep. For more than 75 years, Social Security has remained one of our most important and successful government programs. Today this program keeps more than 13 million Americans out of poverty. For countless more it makes a middle class retirement possible. The last thing we need to do is cut a program that has been so successful.

We must preserve this crucial program for future generations without cutting benefits or making radical and irresponsible changes. In Congress, I will defend Social Security and fight any attempts to privatize it.

The program is generally sound, but some changes will need to be made to make sure we can keep this promise to future generations. I will support common sense measures such as making sure that wealthy Americans pay the same payroll tax rate into Social Security as everyone else.

Source: 2012 House campaign website, delaney2012.com, "Issues" , Nov 6, 2012

Opposes personal retirement accounts.

Delaney opposes the PVS survey question on privatization

Project Vote Smart infers candidate issue stances on key topics by summarizing public speeches and public statements. Congressional candidates are given the opportunity to respond in detail; about 11% did so in the 2012 races.

Project Vote Smart summarizes candidate stances on the following topic: 'Social Security: Do you support allowing individuals to divert a portion of their Social Security taxes into personal retirement accounts?'

Source: Project Vote Smart 12-PVS-q6 on Aug 30, 2012

Rated 90% by ARA, indicating a pro-Trust Fund stance.

Delaney scores 90% Alliance for Retired Americans

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.

Source: ARA lifetime rating on incumbents of 113th Congress 14_ARA on Jan 1, 2013

Other candidates on Social Security: John Delaney on other issues:
2020 Presidential Democratic Primary Candidates:
Sen.Michael Bennet (D-CO)
V.P.Joe Biden (D-DE)
Mayor Mike Bloomberg (I-NYC)
Gov.Steve Bullock (D-MT)
Mayor Pete Buttigieg (D-IN)
Sen.Cory Booker (D-NJ)
Secy.Julian Castro (D-TX)
Rep.John Delaney (D-MD)
Rep.Tulsi Gabbard (D-HI)
Sen.Amy Klobuchar (D-MN)
Mayor Wayne Messam (D-FL)
Gov.Deval Patrick (D-MA)
Sen.Bernie Sanders (I-VT)
CEO Tom Steyer (D-CA)
Sen.Elizabeth Warren (D-MA)
Marianne Williamson (D-CA)
CEO Andrew Yang (D-NY)

2020 GOP and Independent Candidates:
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CEO Don Blankenship (C-WV)
Howie Hawkins (Green-NY)
Gov.Larry Hogan (R-MD)
Gov.John Kasich (R-OH)
V.P.Mike Pence (R-IN)
Gov.Mark Sanford (R-SC)
CEO Howard Schultz (I-WA)
Pres.Donald Trump (R-NY)
Gov.Jesse Ventura (I-MN)
V.C.Arvin Vohra (Libertarian-MD)
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External Links about John Delaney:
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2020 Withdrawn Democratic Candidates:
State Rep.Stacey Abrams (D-GA)
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Sen.Kirsten Gillibrand (D-NY)
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Page last updated: Dec 14, 2019