* Strong opponent of the President's Social Security Privatization scheme
The President's privatization plan would result in the largest middle class benefit cut in Social Security's history. Workers who opt for a private account will see their guaranteed benefits cut dramatically, leaving their retirement security to the vagaries of the stock market. Additionally, nearly 70% of workers would have their benefits cut regardless of whether they choose to have a private account. Depriving current and future retirees of an important source of retirement income is not the way to address the challenge of Social Security solvency and will jeopardize the retirements of millions of Americans.
* Introduced legislation with Rep. Howard "Buck" McKeon that would repeal the Government Pension Offset (GPO) and the Windfall Elimination Provision (WEP).