“The 1993 Social Security tax penalizes seniors who have planned for their retirement through savings, investment and hard work. That's wrong, and that's why the double tax on Social Security must end.”
Rob Simmons
“Social Security is the very foundation of retirement security for millions of Americans.”
Sue Kelly
“Social Security is more than just a retirement program. The biggest misunderstanding is that it's a program for old folks.”
Kurt Czarnowski
“The rate of return on Social Security for people nearing retirement is about 1.5 percent. By the time young children like mine are ready to retire, that rate of return will be a negative percentage.”
Paul Ryan
“We really need to think about four pillars for retirement. ... The first pillar is Social Security. The second is individual pensions or savings. The third is health insurance, very important. And the fourth, surprisingly, is the continued ability to earn, because many people are going to need to find some way of bringing in earnings after they pass normal retirement age, and we think that that should be more and more emphasized in terms of getting ready for that possibility.”
John Rother
“The diversion of Social Security revenues to private investment accounts would shift much of the risks of old-age back to low-income seniors, and pose very serious challenges to families who depend on social security's survivor and disability insurance benefits.”
Jeff Bingaman
“Social Security is not a retirement savings plan; it is a social insurance program. It's a contract that says, as a society, we will look out for you and your family when you can no longer work.”
