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DeGette: Trustees Report Reinforces Need for Bipartisan Solution to Strengthen, not Privatize, Social Security

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Date:
Location: Denver, CO


DeGette: Trustees Report Reinforces Need for Bipartisan Solution to Strengthen, not Privatize, Social Security

DENVER, CO - Following a roundtable with students and seniors on Social Security at the University of Denver today, U.S. Representative Diana DeGette (D-CO) released the following statement on a new report by the Social Security Trustees that the program will be able to pay full benefits to Americans through 2041:

"The Social Security Trustees confirmed that Social Security will remain strong enough for the next three decades to pay full benefits to retirees. This is further evidence that we should not risk Americans' retirement security by borrowing $4 trillion and slashing benefits by 40 percent to privatize Social Security.

Disabled, orphaned and retired Coloradoans, and people across our nation, rely on this program to keep them out of poverty. We should continue to honor this commitment by following the example President Ronald Regan set in 1981 when he worked with a bipartisan coalition of Democrats and Republicans to strengthen Social Security. Similar action today would keep Social Security strong well into the next century."

http://www.house.gov/apps/list/press/co01_degette/050323.htmlDeGette: Trustees Report Reinforces Need for Bipartisan Solution to Strengthen, not Privatize, Social Security

DENVER, CO - Following a roundtable with students and seniors on Social Security at the University of Denver today, U.S. Representative Diana DeGette (D-CO) released the following statement on a new report by the Social Security Trustees that the program will be able to pay full benefits to Americans through 2041:

"The Social Security Trustees confirmed that Social Security will remain strong enough for the next three decades to pay full benefits to retirees. This is further evidence that we should not risk Americans' retirement security by borrowing $4 trillion and slashing benefits by 40 percent to privatize Social Security.

Disabled, orphaned and retired Coloradoans, and people across our nation, rely on this program to keep them out of poverty. We should continue to honor this commitment by following the example President Ronald Regan set in 1981 when he worked with a bipartisan coalition of Democrats and Republicans to strengthen Social Security. Similar action today would keep Social Security strong well into the next century."

http://www.house.gov/apps/list/press/co01_degette/050323.html

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