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Public Statements

Issue Position: Social Security

Issue Position

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One of my highest priorities is saving Social Security as we know it today. Social Security as originally created was properly funded to last into the foreseeable future. However, Congressional borrowing from the Social Security Trust Fund and the aging population has put pressure on the ability of the fund to pay benefits. The Ryan Plan, presently advocated by many current members of Congress, would allow seniors to gamble away their Social Security on the stock market. We absolutely cannot do that. Social Security is funded through a payroll tax that is capped presently at approximately $110,000 of an employee's earnings (no further payroll tax is assessed); to save Social Security in its present form, we do not need to reduce benefits or increaswwwe the payroll tax, we simply need to raise the cap.

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