Braley Tours District, Discusses Protecting Social Security, Retirement Security

Date: Sept. 21, 2006
Location: Waterloo, IA


Braley Tours District, Discusses Protecting Social Security, Retirement Security

Today Iowa First District Democratic Congressional candidate Bruce Braley visited with seniors in Cedar Falls, Dubuque, and Davenport to discuss protecting Social Security and retirement security, and reforming the Medicare prescription drug plan.

"While my opponent continues to align himself with President Bush by holding a closed-door fundraiser with one of Bush's top advisors, I'm meeting with seniors from across eastern Iowa," Braley said. "These folks are telling me that they are worried about their retirement security—corporations are backing out of pension promises, President Bush and Mike Whalen want to privatize Social Security, and the Medicare prescription drug plan is leaving them behind.

"If elected to Congress, I will fight for Iowa seniors and oppose risky Social Security privatization schemes that put guaranteed benefits at risk. I oppose cutting guaranteed benefits to seniors who rely on fixed incomes to get by."

This morning, Republican millionaire CEO Mike Whalen hosted a high-dollar fundraiser with Republican National Committee chairman Ken Mehlman.

Braley has consistently opposed the Bush-Whalen Social Security privatization plan that threatens guaranteed benefits and adds trillions in transition costs to the federal deficit.

Whalen "Was a Proponent of President George W. Bush's Social Security Partial Privatization Plan." According to the Waterloo Courier in 2006, "Whalen…was a proponent of President George W. Bush's Social Security partial privatization plan, with the mechanism for a $2 trillion transitional cost never adequately explained. Whalen --- like Bush --- has considered lifting the $90,000 income ceiling on the Social Security payroll tax, which is an inevitability to salvage the system." [Waterloo Courier, 6/3/2006]

http://www.brucebraley.com/primaryNews/article.asp?ID=571

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