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John Cox on Social Security

Republican Party Chair, Cook County (IL)

 


Personal retirement accounts allow investing in one’s future

Q: Current estimates for the unfunded liabilities of our Social Security system are as high as $10 trillion. Would you revive Pres. Bush’s attempt to introduce personal retirement accounts as a way to reform Social Security, thus allowing all Americans, particularly low-wage workers & the self-employed, an investment in their future & ownership in the inheritance they pass on?
Source: [Xref Huckabee] 2007 GOP Values Voter Presidential Debate , Sep 17, 2007

Private retirement accounts are best reform

Social Security has to be preserved, but is unsustainable in its current form. Private retirement accounts are the best hope we have to reform the system and make it financially available to future generations. Myths, lies, and demagoguery are the hallmarks of the political debate and must be replaced by sound reasoning and facts. Medicare and Medicaid are even bigger financial time bombs. I support managed care, vouchers and health savings accounts.
Source: 2008 Presidential website, cox2008.com , Jul 2, 2007

Social Security was an overreaction to the Great Depression

Q: Are social programs--like Welfare, Medicare and Social Security--constitutional?

A: Providing financial support for its citizens is not listed in the Constitution, as far as I read it. Promoting the general welfare is meant to deal with matters that impact the general economic conditions of the country such as security and enforcement of the rule of law. Social Security was an overreaction to a horrific financial situation that gripped the country--the Great Depression. It is with us now and is almost institutionalized--reality says we cannot get rid of it but we should restructure it to a private account plan to empower people, not government.

Q: How much oversight does the federal government have with these private accounts?

A: Response--most of these plans say that distributions cannot be made except on retirement and death. The federal government will likely make the contribution directly as opposed to a mandate on individuals.

Source: Interview with “Small Government Times” , Mar 6, 2007

Other governors on Social Security: John Cox on other issues:
IL Gubernatorial:
Ameya Pawar
Bruce Rauner
Chris Kennedy
Daniel Biss
J.B. Pritzker
Jeanne Ives
Joe Walsh
Pat Quinn
IL Senatorial:
Andrea Zopp
Anne Stava-Murray
Mark Curran
Mark Kirk
Napoleon Harris
Richard Durbin
Tammy Duckworth
Gubernatorial Debates 2021:
NJ: Incumbent Phil Murphy(D)
vs.State Rep. Jack Ciattarelli(R)
vs.Candidate Hirsh Singh(R)
vs.GOP Hair Doug Steinhardt(R)
VA: Incumbent Ralph Northam(D,term-limited)
vs.A.G. Mark Herring(D)
vs.State Sen. Amanda Chase(R)
vs.Lt. Gov. Justin Fairfax(D)
vs.State Rep. Jennifer Carroll Foy(D)
vs.State Rep. Lee Carter(D)
vs.Former Governor Terry McAuliffe(D)
vs.State Sen. Jennifer McClellan(D)
vs.State Rep. Kirk Cox(R)

Gubernatorial Debates 2022:
AK: Incumbent Mike Dunleavy(R)
(no prospective opponents yet)
AL: Incumbent Kay Ivey(R)
(no prospective opponents yet)
AR: Incumbent Asa Hutchinson(R,term-limited)
vs.Lt. Gov. Tim Griffin(R)
vs.Trump Adviser Sarah Huckabee Sanders(R)
vs.A.G. Leslie Rutledge(R)
AZ: Incumbent Doug Ducey(R,term-limited)
(no prospective opponents yet)
CA: Incumbent Gavin Newsom(D)
vs.S.D.Mayor Kevin_Faulconer(R)
vs.Former Gov. nominee John Cox(R)
CO: Incumbent Jared Polis(D)
vs.Mayor Greg Lopez(R)
CT: Incumbent Ned Lamont(D)
(no prospective opponents yet)
FL: Incumbent Ron DeSantis(R)
vs.U.S.Rep. Val Demings(? D)
vs.Former Gov.Charlie Crist(? D)
GA: Incumbent Brian Kemp(R)
vs.Minority Leader Stacey Abrams(D)
vs.Senate candidate Shane Hazel(L)
HI: Incumbent David Ige(D,term-limited)
vs.State Rep. Andria Tupola(R)
IA: Incumbent Kim Reynolds(R)
vs.U.S.Rep. Cindy Axne(? R)
ID: Incumbent Brad Little(R)
(no prospective opponents yet)
IL: Incumbent J. B. Pritzker(D)
(no prospective opponents yet)
KS: Incumbent Laura Kelly(D)
(no prospective opponents yet)
MA: Incumbent Charlie Baker(R)
vs.Harvard Professor Danielle Allen(D)
vs.State Sen.Ben Downing(D)
MD: Incumbent Larry Hogan(R,term-limited)
vs.State Rep. Robin Ficker(R)
vs.State Rep. Peter Franchot(D)
vs.DNC chair Thomas Perez(D)
vs.RNC chair Michael Steele(? R)
Gubernatorial Debates 2022 (continued):
ME: Incumbent Janet Mills(D)
vs.Former Gov. Paul LePage(R)
MI: Incumbent Gretchen Whitmer(D)
(no prospective opponents yet)
MN: Incumbent Tim Walz(DFL)
vs.Mayor Mike Murphy(R)
NE: Incumbent Pete Ricketts(R,term-limited)
vs.U.S.Senator Bob Krist(R)
NH: Incumbent Chris Sununu(R)
(no prospective opponents yet)
NM: Incumbent Michelle Lujan Grisham(D)
(no prospective opponents yet)
NV: Incumbent Steve Sisolak(D)
vs.A.G.Adam Laxalt(? R)
vs.U.S.Rep. Mark Amodei(? R)
NY: Incumbent Andrew Cuomo(D)
(no prospective opponents yet)
OH: Incumbent Mike DeWine(R)
vs.Dayton Mayor Nan Whaley(? D)
OK: Incumbent Kevin Stitt(R)
vs.State Sen. Ervin Yen(R)
OR: Incumbent Kate Brown(D,term-limited)
vs.Gov. nominee Bud Pierce(R)
PA: Incumbent Tom Wolf(D,term-limited)
vs.U.S.Rep. Lou Barletta(? R)
RI: Incumbent Gina Raimondo(D,term-limited)
vs.Lt.Gov. Dan McKee(D)
vs.Secy.Matt Brown(? D)
SC: Incumbent Henry McMaster(R)
vs.State Rep. James Emerson Smith(? D)
vs.U.S.Rep. Joe Cunningham(? R)
SD: Incumbent Kristi Noem(R)
vs.State Rep. Billie Sutton(? D)
TN: Incumbent Bill Lee(R)
vs.Senate nominee Marquita Bradshaw(? D)
TX: Incumbent Greg Abbott(R)
vs.U.S.Rep. Allen West(? R)
VT: Incumbent Phil Scott(R)
(no prospective opponents yet)
WI: Incumbent Tony Evers(D)
(no prospective opponents yet)
WY: Incumbent Mark Gordon(R)
vs.Minority Leader Chris Rothfuss(D)

Gubernatorial Debates 2023:
KY: Incumbent Andy Beshear(D)
vs.Former Gov. Matt Bevin(? R)
Senator Rand Paul(? R)
LA: Incumbent John Bel Edwards(D,term-limited)
vs.Biden Adviser Cedric Richmond(? D)
vs.Senator John Neely Kennedy(? R)
MS: Incumbent Tate Reeves(R)
(no prospective opponents yet)
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Page last updated: Feb 12, 2021