Privatize Social Security
On Feb. 2, 2010, the Reid Report wrote: “A spokesman for the Rubio campaign says the candidate ‘supports giving people the option of investing a portion of their Social Security in personal retirement accounts,’ which essentially is the Bush proposal.” [Reid Report, 2/3/2010]
On Jan. 31, 2010, Tim Nicken, editor of editorials for the St. Petersburg Times, reported that Rubio had “resurrected the failed Republican pitch to let people invest part of their Social Security money, a bad idea even before the recession wiped out many Americans' savings.” [St. Petersburg Times, 1/31/2010]/
Rachel Maddow recently played footage of Rubio advocating for the privatization of Social Security. In answering a question about how seniors could lose their safety net by investing it in the stock market, Rubio acknowledged, “Essentially, but it’s their money.” [The Rachel Maddow Show, 10/1/2010]
Rubio called Social Security “generational theft”. Rubio Signed Laura Ingraham’s “Ten for ’10” Petition That Called Social Security “Generational Theft”. On Sept. 15, 2009, conservative radio host Laura Ingraham announced that Rubio was among those who signed her “Ten for ’10” pledge that included support for privatization of social security. The relevant part of Ingraham’s petition reads: 8) End Generational Theft. As few believe America's entitlement programs will be able to pay benefits to future generations, provide younger workers the choice of diverting payroll/Social Security taxes into personal retirement accounts. [Laura Ingraham, “Ten for ’10,” 9/15/2009]
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Privatize Social Security
On Feb. 2, 2010, the Reid Report wrote: “A spokesman for the Rubio campaign says the candidate ‘supports giving people the option of investing a portion of their Social Security in personal retirement accounts,’ which essentially is the Bush proposal.” [Reid Report, 2/3/2010]
On Jan. 31, 2010, Tim Nicken, editor of editorials for the St. Petersburg Times, reported that Rubio had “resurrected the failed Republican pitch to let people invest part of their Social Security money, a bad idea even before the recession wiped out many Americans' savings.” [St. Petersburg Times, 1/31/2010]/
Rachel Maddow recently played footage of Rubio advocating for the privatization of Social Security. In answering a question about how seniors could lose their safety net by investing it in the stock market, Rubio acknowledged, “Essentially, but it’s their money.” [The Rachel Maddow Show, 10/1/2010]
Rubio called Social Security “generational theft”. Rubio Signed Laura Ingraham’s “Ten for ’10” Petition That Called Social Security “Generational Theft”. On Sept. 15, 2009, conservative radio host Laura Ingraham announced that Rubio was among those who signed her “Ten for ’10” pledge that included support for privatization of social security. The relevant part of Ingraham’s petition reads: 8) End Generational Theft. As few believe America's entitlement programs will be able to pay benefits to future generations, provide younger workers the choice of diverting payroll/Social Security taxes into personal retirement accounts. [Laura Ingraham, “Ten for ’10,” 9/15/2009]
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