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During the late 90's, what was the Dem position on Social Security? [View All]

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The Straight Story Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-07-05 01:09 AM
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During the late 90's, what was the Dem position on Social Security?
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Edited on Mon Feb-07-05 01:14 AM by The Straight Story
I am asking because I am wondering if they are going to back the chimpster and if so do the roots of doing that go back to another time:

They project that economic growth today will extend the solvency of the Social Security Trust Fund to 2034, 2 years longer than was projected in last year’s report.

After that date, however, the Trust Fund will be exhausted, and Social Security will not be able to pay the full benefits older Americans have been promised. Therefore, still I say we must move forward with my plan to set aside 62 percent of the surplus for Social Security, investing a small portion in the private sector for better return, just as any private or State government pension would do.

As I said in my State of the Union Address, we then must go further with difficult but achievable reforms that put Social Security on a sound footing for 75 years, that lift the earnings limitations on what seniors can earn, and that do something about the incredible problem of poverty among elderly women living alone.

http://www.cms.hhs.gov/about/history/presidents/Clinton3_30_99.asp

edited to add:
also see here:
http://www.cbo.gov/showdoc.cfm?index=1065&sequence=0
SOCIAL SECURITY PRIVATIZATION: EXPERIENCES ABROAD

Doing some google unclesam searches you can find other interesting views over the years - many are convinced it is broke long term and we need to fix it. Chimpy has the congress and another 4 years and can probably pass something on it, so perhaps the dems are on board for A change and want to get their hands into the whole thing and make sure it does not go haywire (ie, compromise).

I don't know the intents of all dems in congress, or where they fully stand on the issue, but given that it has been a large topic for many years and that assmaster is going to make it a big issue now, I am not surprised that we see dems now speaking up on the problems and solutions.

At any rate, your thoughts on it all?
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