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Reply #4: Obama won't go for anything like a commission. [View All]

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Lasher Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-14-09 11:59 PM
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4. Obama won't go for anything like a commission.
Must capture new revenue; no new Social Security Comission

OBAMA: We’re going to have to capture some revenue in order to stabilize the Social Security system. You can’t get something for nothing. And if we care about Social Security, which I do, and if we are firm in our commitment to make sure that it’s going to be there for the next generation, and not just for our generation, then we have an obligation to figure out how to stabilize the system. I think we should be honest in presenting our ideas in terms of how we’re going to do that and not just say that we’re going to form a commission and try to solve the problem some other way.

CLINTON: With all due respect, the last time we had a crisis in Social Security was 1983. President Reagan and Speaker Tip O’Neill came up with a commission. That was the best and smartest way, because you’ve got to get Republicans and Democrats together. That’s what I will do.

OBAMA: That commission raised the retirement age, and also raised the payroll tax. So Sen. Clinton can’t have it both ways.

Source: 2008 Philadelphia primary debate, on eve of PA primary Apr 16, 2008

http://www.ontheissues.org/2008/Barack_Obama_Social_Security.htm
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